Resolving insolvency: Time in Trinidad and Tobago

Trinidad and Tobago: Resolving insolvency: Time was 2.5 years in 2019. ▬ Flat

Latest (2019)
2.5 years
Change on year
unchanged
World rank
71st
of 168 countries
All-time high
2.5 years
in 2005
All-time low
2.5 years
in 2005
Years of data
15
2005–2019

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

00.511.522.52005201220192005: 2.5 years2006: 2.5 years2007: 2.5 years2008: 2.5 years2009: 2.5 years2010: 2.5 years2011: 2.5 years2012: 2.5 years2013: 2.5 years2014: 2.5 years2015: 2.5 years2016: 2.5 years2017: 2.5 years2018: 2.5 years2019: 2.5 years

Source: World Bank. Measured in years.

Analysis

In 2019, resolving insolvency: time in Trinidad and Tobago stood at 2.5 years. That is the highest value across all 15 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: time in Trinidad and Tobago peaked at 2.5 years in 2005 and was at its lowest, 2.5 years, in 2005.

That places Trinidad and Tobago 71st out of 168 countries with data for 2019, putting it in the middle of the range.

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

Annual values for Resolving insolvency: Time (years) in Trinidad and Tobago, 2005 to 2019.
Year years Change
2005 2.5 years —
2006 2.5 years +0.0%
2007 2.5 years +0.0%
2008 2.5 years +0.0%
2009 2.5 years +0.0%
2010 2.5 years +0.0%
2011 2.5 years +0.0%
2012 2.5 years +0.0%
2013 2.5 years +0.0%
2014 2.5 years +0.0%
2015 2.5 years +0.0%
2016 2.5 years +0.0%
2017 2.5 years +0.0%
2018 2.5 years +0.0%
2019 2.5 years +0.0%

Trinidad and Tobago compared with similar countries

  • Trinidad and Tobago's 2.5 years is above the median for high income countries, which is 2 years, 1.2× the median. (60 countries reporting)
  • Trinidad and Tobago's 2.5 years is below the median for Latin America & Caribbean, which is 3 years, 83% of the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.5 years 2.5 years 2.5 years 5
2010s 2.5 years 2.5 years 2.5 years 10

Countries ranked near Trinidad and Tobago

  1. 71 Bahrain 2.5 years compare
  2. 71 Brunei 2.5 years compare
  3. 71 Egypt 2.5 years compare
  4. 71 Namibia 2.5 years compare
  5. 71 Panama 2.5 years compare
  6. 71 Puerto Rico 2.5 years compare
  7. 71 Rwanda 2.5 years 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: time in Trinidad and Tobago?
Resolving insolvency: time in Trinidad and Tobago was 2.5 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Trinidad and Tobago?
The highest recorded value was 2.5 years in 2005.
What is the lowest resolving insolvency: time recorded in Trinidad and Tobago?
The lowest recorded value was 2.5 years in 2005.
How does Trinidad and Tobago rank for resolving insolvency: time?
Trinidad and Tobago ranks 71st out of 168 countries with data for 2019.
Is resolving insolvency: time 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: Time (years). Statizoid updates them automatically from the source API.

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Resolving insolvency: Time in Trinidad and Tobago. Statizoid. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/trinidad-and-tobago/

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About this data

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