Resolving insolvency - Score in Trinidad and Tobago

Trinidad and Tobago: Resolving insolvency - Score was 48.45 in 2019. ▲ Rising

Latest (2019)
48.45
Change on year
down 0.1%
World rank
84th
of 191 countries
All-time high
48.97
in 2014
All-time low
32
in 2007
Years of data
15
2005–2019

Resolving insolvency - Score in Trinidad and Tobago, 2005–2019

010203040502005201220192005: 32.82006: 32.82007: 322008: 322009: 322010: 32.42011: 332012: 33.22013: 33.22014: 492015: 492016: 48.72017: 48.52018: 48.52019: 48.4

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Trinidad and Tobago stood at 48.45.

The figure is down 0.1% on the previous year and up 51.4% over ten years.

Over the whole period, resolving insolvency - score in Trinidad and Tobago peaked at 48.97 in 2014 and was at its lowest, 32, in 2007.

Trinidad and Tobago ranks 84th of 191 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Resolving insolvency - Score in Trinidad and Tobago, year by year

Annual values for Resolving insolvency - Score in Trinidad and Tobago, 2005 to 2019.
Year Value Change
2005 32.75
2006 32.82 +0.2%
2007 32 -2.5%
2008 32 +0.0%
2009 32 +0.0%
2010 32.35 +1.1%
2011 32.96 +1.9%
2012 33.19 +0.7%
2013 33.25 +0.2%
2014 48.97 +47.3%
2015 48.97 +0.0%
2016 48.74 -0.5%
2017 48.48 -0.5%
2018 48.48 +0.0%
2019 48.45 -0.1%

Trinidad and Tobago compared with similar countries

  • Trinidad and Tobago's 48.45 is below the median for high income countries, which is 64.05, 76% of the median. (62 countries reporting)
  • Trinidad and Tobago's 48.45 is above the median for Latin America & Caribbean, which is 40.03, 1.2× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Resolving insolvency - Score in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 +47.3% 33.25 48.97

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.31 32 32.82 5
2010s 42.38 32.35 48.97 10

Countries ranked near Trinidad and Tobago

  1. 81 United Arab Emirates 49.26 compare
  2. 82 Algeria 49.24 compare
  3. 83 Cambodia 48.51 compare
  4. 85 Botswana 48.2 compare
  5. 86 Cote d'Ivoire 47.94 compare
  6. 87 Mozambique 47.82 compare

See the full ranking of 191 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is resolving insolvency - score in Trinidad and Tobago?
Resolving insolvency - score in Trinidad and Tobago was 48.45 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Trinidad and Tobago?
The highest recorded value was 48.97 in 2014.
What is the lowest resolving insolvency - score recorded in Trinidad and Tobago?
The lowest recorded value was 32 in 2007.
How does Trinidad and Tobago rank for resolving insolvency - score?
Trinidad and Tobago ranks 84th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Trinidad and Tobago?
Over the last ten years it is up 51.4%. The long-run trend across the full record is rising.
Where does this Trinidad and Tobago data come from?
The figures come from the World Bank, published as part of Resolving insolvency - Score. Statizoid updates them automatically from the source API.

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Resolving insolvency - Score in Trinidad and Tobago. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-score/trinidad-and-tobago/

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About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 data points, 2003–2019
Last refreshed

The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.