Starting a business - Score in Trinidad and Tobago
Trinidad and Tobago: Starting a business - Score was 88.58 in 2019. ▲ Rising
Starting a business - Score in Trinidad and Tobago, 2005–2019
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 80th out of 191 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.
Starting a business - Score in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 69.6 | — |
| 2006 | 77.92 | +12.0% |
| 2007 | 77.94 | +0.0% |
| 2008 | 77.95 | +0.0% |
| 2009 | 77.97 | +0.0% |
| 2010 | 79.68 | +2.2% |
| 2011 | 79.68 | -0.0% |
| 2012 | 79.69 | +0.0% |
| 2013 | 82.29 | +3.3% |
| 2014 | 88.33 | +7.3% |
| 2015 | 88.33 | +0.0% |
| 2016 | 88.59 | +0.3% |
| 2017 | 88.57 | -0.0% |
| 2018 | 88.57 | +0.0% |
| 2019 | 88.58 | +0.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 88.58 is below the median for high income countries, which is 91.07, 97% of the median. (62 countries reporting)
- Trinidad and Tobago's 88.58 is above the median for Latin America & Caribbean, which is 85.6, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 76.28 | 69.6 | 77.97 | 5 |
| 2010s | 85.23 | 79.68 | 88.59 | 10 |
Countries ranked near Trinidad and Tobago
- 77 Luxembourg 88.83 compare
- 78 Turkey 88.79 compare
- 79 North Macedonia 88.62 compare
- 81 Madagascar 88.46 compare
- 82 Switzerland 88.44 compare
- 83 Kuwait 88.4 compare
More private sector data for Trinidad and Tobago
- Merchandise trade 48.6% (2025)
- Food imports 16.4% (2024)
- Manufactures imports 61.9% (2024)
- Merchandise imports 5.80 billion current US$ (2025)
- Food exports 8.2% (2024)
- Manufactures exports 59.1% (2024)
- Merchandise exports 6.82 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,983 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2627 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -13.71 % change on previous year (2025)
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 80th out of 191 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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.