Starting a business - Score in Trinidad and Tobago

Trinidad and Tobago: Starting a business - Score was 88.58 in 2019. β–² Rising

Latest (2019)
88.58
Change on year
up 0.0%
World rank
79th
of 190 countries
All-time high
88.59
in 2016
All-time low
69.6
in 2005
Years of data
15
2005–2019

Starting a business - Score in Trinidad and Tobago, 2005–2019

0204060802005201220192005: 69.62006: 77.92007: 77.92008: 782009: 782010: 79.72011: 79.72012: 79.72013: 82.32014: 88.32015: 88.32016: 88.62017: 88.62018: 88.62019: 88.6

Source: World Bank.

Analysis

The most recent figure for starting a business - score in Trinidad and Tobago is 88.58, measured in 2019.

That represents a change of up 13.6% over ten years.

Over the whole period, starting a business - score in Trinidad and Tobago peaked at 88.59 in 2016 and was at its lowest, 69.6, in 2005.

That places Trinidad and Tobago 79th out of 190 countries with data for 2019, putting it 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 76.28 69.6 77.97 5
2010s 85.23 79.68 88.59 10

Countries ranked near Trinidad and Tobago

  1. 76 Luxembourg 88.83 compare
  2. 77 Turkey 88.79 compare
  3. 78 North Macedonia 88.62 compare
  4. 80 Madagascar 88.46 compare
  5. 81 Switzerland 88.44 compare
  6. 82 Kuwait 88.4 compare

See the full ranking of 190 places β†’

More private sector data for Trinidad and Tobago

All data for Trinidad and Tobago β†’

Frequently asked questions

What is starting a business - score in Trinidad and Tobago?
Starting a business - score in Trinidad and Tobago was 88.58 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Trinidad and Tobago?
The highest recorded value was 88.59 in 2016.
What is the lowest starting a business - score recorded in Trinidad and Tobago?
The lowest recorded value was 69.6 in 2005.
How does Trinidad and Tobago rank for starting a business - score?
Trinidad and Tobago ranks 79th out of 190 countries with data for 2019.
Is starting a business - score rising or falling in Trinidad and Tobago?
Over the last ten years it is up 13.6%. 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 Starting a business - Score. Statizoid updates them automatically from the source API.

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Starting a business - Score in Trinidad and Tobago. Statizoid. Retrieved 17 August 2026, from https://private-sector.statizoid.com/stat/starting-a-business-score/trinidad-and-tobago/

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About this data

Indicator
Starting a business - 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 starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.