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
81st
of 188 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 81st of 188 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.

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. 78 United Arab Emirates 49.26 compare
  2. 79 Algeria 49.24 compare
  3. 80 Cambodia 48.51 compare
  4. 82 Botswana 48.2 compare
  5. 83 Cote d'Ivoire 47.94 compare
  6. 84 Mozambique 47.82 compare

See the full ranking of 190 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 81st out of 188 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.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 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.