Time required to start business in Trinidad and Tobago
Trinidad and Tobago: Time required to start business was 10.5 in 2019. ◆ Volatile
Latest (2019)
10.5
Change on year
unchanged
World rank
108th
of 188 countries
All-time high
74
in 2005
All-time low
10.5
in 2016
Years of data
15
2005–2019
Time required to start business in Trinidad and Tobago, 2005–2019
Source: Our World in Data.
Analysis
In 2019, time required to start business in Trinidad and Tobago stood at 10.5. That is the lowest value across all 15 years on record.
The figure is down 74.4% over ten years.
Over the whole period, time required to start business in Trinidad and Tobago peaked at 74 in 2005 and was at its lowest, 10.5, in 2016.
Trinidad and Tobago ranks 108th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Time required to start business in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 74 | — |
| 2006 | 41 | -44.6% |
| 2007 | 41 | +0.0% |
| 2008 | 41 | +0.0% |
| 2009 | 41 | +0.0% |
| 2010 | 40 | -2.4% |
| 2011 | 40 | +0.0% |
| 2012 | 40 | +0.0% |
| 2013 | 35.5 | -11.2% |
| 2014 | 11.5 | -67.6% |
| 2015 | 11.5 | +0.0% |
| 2016 | 10.5 | -8.7% |
| 2017 | 10.5 | +0.0% |
| 2018 | 10.5 | +0.0% |
| 2019 | 10.5 | +0.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 10.5 is above the median for high income countries, which is 8.5, 1.2× the median. (62 countries reporting)
- Trinidad and Tobago's 10.5 is below the median for Latin America & Caribbean, which is 16, 66% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.6 | 41 | 74 | 5 |
| 2010s | 22.05 | 10.5 | 40 | 10 |
Countries ranked near Trinidad and Tobago
- 109 Saudi Arabia 10.4 compare
- 110 Russia 10.1 compare
- 111 Colombia 10 compare
- 111 Gabon 10 compare
- 111 Kyrgyzstan 10 compare
- 111 Niger 10 compare
- 111 Saint Vincent and the Grenadines 10 compare
- 111 Switzerland 10 compare
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is time required to start business in Trinidad and Tobago?
- Time required to start business in Trinidad and Tobago was 10.5 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Trinidad and Tobago?
- The highest recorded value was 74 in 2005.
- What is the lowest time required to start business recorded in Trinidad and Tobago?
- The lowest recorded value was 10.5 in 2016.
- How does Trinidad and Tobago rank for time required to start business?
- Trinidad and Tobago ranks 108th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 74.4%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).