Resolving insolvency: Cost in Trinidad and Tobago

Trinidad and Tobago: Resolving insolvency: Cost was 25.0% in 2019. ▬ Flat

Latest (2019)
25.0%
Change on year
unchanged
World rank
20th
of 168 countries
All-time high
25.0%
in 2005
All-time low
25.0%
in 2005
Years of data
15
2005–2019

Resolving insolvency: Cost in Trinidad and Tobago, 2005–2019

05101520252005201220192005: 25 % of estate2006: 25 % of estate2007: 25 % of estate2008: 25 % of estate2009: 25 % of estate2010: 25 % of estate2011: 25 % of estate2012: 25 % of estate2013: 25 % of estate2014: 25 % of estate2015: 25 % of estate2016: 25 % of estate2017: 25 % of estate2018: 25 % of estate2019: 25 % of estate

Source: World Bank. Measured in % of estate.

Analysis

In 2019, resolving insolvency: cost in Trinidad and Tobago stood at 25.0%. That is the highest value across all 15 years on record.

The figure is unchanged over ten years.

Over the whole period, resolving insolvency: cost in Trinidad and Tobago peaked at 25.0% in 2005 and was at its lowest, 25.0%, in 2005.

Trinidad and Tobago ranks 20th of 168 countries on this measure, in the top quarter.

Resolving insolvency: Cost in Trinidad and Tobago, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Trinidad and Tobago, 2005 to 2019.
Year % of estate Change
2005 25.0%
2006 25.0% +0.0%
2007 25.0% +0.0%
2008 25.0% +0.0%
2009 25.0% +0.0%
2010 25.0% +0.0%
2011 25.0% +0.0%
2012 25.0% +0.0%
2013 25.0% +0.0%
2014 25.0% +0.0%
2015 25.0% +0.0%
2016 25.0% +0.0%
2017 25.0% +0.0%
2018 25.0% +0.0%
2019 25.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.0% 25.0% 25.0% 5
2010s 25.0% 25.0% 25.0% 10

Countries ranked near Trinidad and Tobago

  1. 17 Uganda 29.5% compare
  2. 18 Rwanda 29.0% compare
  3. 19 Guyana 28.5% compare
  4. 20 Afghanistan 25.0% compare
  5. 20 Congo 25.0% compare
  6. 20 Malawi 25.0% compare
  7. 20 Panama 25.0% compare

See the full ranking of 168 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is resolving insolvency: cost in Trinidad and Tobago?
Resolving insolvency: cost in Trinidad and Tobago was 25.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Trinidad and Tobago?
The highest recorded value was 25.0% in 2005.
What is the lowest resolving insolvency: cost recorded in Trinidad and Tobago?
The lowest recorded value was 25.0% in 2005.
How does Trinidad and Tobago rank for resolving insolvency: cost?
Trinidad and Tobago ranks 20th out of 168 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Trinidad and Tobago?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Trinidad and Tobago data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Cost (% of estate). Statizoid updates them automatically from the source API.

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Resolving insolvency: Cost in Trinidad and Tobago. Statizoid. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/trinidad-and-tobago/

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About this data

Indicator
Resolving insolvency: Cost (% of estate)
Unit
% of estate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 2,747 data points, 2003–2019
Last refreshed

The cost to resolve insolvency is the cost of the proceedings is recorded as a percentage of the value of the debtor’s estate, including court fees and government levies, fees of insolvency administrators, auctioneers, assessors and lawyers, and all other fees and costs.