Dealing with construction permits: Cost in Trinidad and Tobago

Trinidad and Tobago: Dealing with construction permits: Cost was 0.1% in 2019. ▬ Flat

Latest (2019)
0.1%
Change on year
unchanged
World rank
185th
of 188 countries
All-time high
0.1%
in 2005
All-time low
0.1%
in 2005
Years of data
15
2005–2019

Dealing with construction permits: Cost in Trinidad and Tobago, 2005–2019

00.020.040.060.080.12005201220192005: 0.1 % of Warehouse value2006: 0.1 % of Warehouse value2007: 0.1 % of Warehouse value2008: 0.1 % of Warehouse value2009: 0.1 % of Warehouse value2010: 0.1 % of Warehouse value2011: 0.1 % of Warehouse value2012: 0.1 % of Warehouse value2013: 0.1 % of Warehouse value2014: 0.1 % of Warehouse value2015: 0.1 % of Warehouse value2016: 0.1 % of Warehouse value2017: 0.1 % of Warehouse value2018: 0.1 % of Warehouse value2019: 0.1 % of Warehouse value

Source: World Bank. Measured in % of Warehouse value.

Analysis

Trinidad and Tobago recorded 0.1% for dealing with construction permits: cost in 2019. That is the highest value across all 15 years on record.

That represents a change of unchanged over ten years.

Over the whole period, dealing with construction permits: cost in Trinidad and Tobago peaked at 0.1% in 2005 and was at its lowest, 0.1%, in 2005.

That places Trinidad and Tobago 185th out of 188 countries with data for 2019, putting it in the bottom quarter.

Dealing with construction permits: Cost in Trinidad and Tobago, year by year

Annual values for Dealing with construction permits: Cost (% of Warehouse value) in Trinidad and Tobago, 2005 to 2019.
Year % of Warehouse value Change
2005 0.1%
2006 0.1% +0.0%
2007 0.1% +0.0%
2008 0.1% +0.0%
2009 0.1% +0.0%
2010 0.1% +0.0%
2011 0.1% +0.0%
2012 0.1% +0.0%
2013 0.1% +0.0%
2014 0.1% +0.0%
2015 0.1% +0.0%
2016 0.1% +0.0%
2017 0.1% +0.0%
2018 0.1% +0.0%
2019 0.1% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% 0.1% 0.1% 5
2010s 0.1% 0.1% 0.1% 10

Countries ranked near Trinidad and Tobago

  1. 185 Mongolia 0.1% compare
  2. 185 Qatar 0.1% compare
  3. 185 Saint Vincent and the Grenadines 0.1% compare

See the full ranking of 188 places →

More private sector data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is dealing with construction permits: cost in Trinidad and Tobago?
Dealing with construction permits: cost in Trinidad and Tobago was 0.1% in 2019, according to the World Bank.
What is the highest dealing with construction permits: cost recorded in Trinidad and Tobago?
The highest recorded value was 0.1% in 2005.
What is the lowest dealing with construction permits: cost recorded in Trinidad and Tobago?
The lowest recorded value was 0.1% in 2005.
How does Trinidad and Tobago rank for dealing with construction permits: cost?
Trinidad and Tobago ranks 185th out of 188 countries with data for 2019.
Is dealing with construction permits: 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 Dealing with construction permits: Cost (% of Warehouse value). Statizoid updates them automatically from the source API.

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Dealing with construction permits: Cost in Trinidad and Tobago. Statizoid. Retrieved 02 September 2026, from https://private-sector.statizoid.com/stat/dealing-with-construction-permits-cost-percent-of-warehouse-value/trinidad-and-tobago/

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About this data

Indicator
Dealing with construction permits: Cost (% of Warehouse value)
Unit
% of Warehouse value
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
188 places, 2,751 data points, 2005–2019
Last refreshed

The cost records all official costs associated with completing the procedures to legally build a warehouse, including the costs associated with obtaining land use approvals and preconstruction design clearances; receiving inspections before, during and after construction; obtaining utility connections; and registering the warehouse at the property registry. It is calculated as a percentage of the warehouse value. Nonrecurring taxes required for the completion of the warehouse project are also recorded. Sales taxes (such as value added tax) or capital gains taxes are not recorded. Nor are deposits that must be paid up front and are later refunded.