Starting a business: Time - Men in Trinidad and Tobago
Trinidad and Tobago: Starting a business: Time - Men was 10.5 days in 2019. ◆ Volatile
Starting a business: Time - Men in Trinidad and Tobago, 2005–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for starting a business: time - men in Trinidad and Tobago is 10.5 days, measured in 2019. That is the lowest value across all 15 years on record.
That represents a change of down 74.4% over ten years.
Over the whole period, starting a business: time - men in Trinidad and Tobago peaked at 74 days in 2005 and was at its lowest, 10.5 days, in 2016.
That places Trinidad and Tobago 108th out of 190 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Time - Men in Trinidad and Tobago, year by year
| Year | days | Change |
|---|---|---|
| 2005 | 74 days | — |
| 2006 | 41 days | -44.6% |
| 2007 | 41 days | +0.0% |
| 2008 | 41 days | +0.0% |
| 2009 | 41 days | +0.0% |
| 2010 | 40 days | -2.4% |
| 2011 | 40 days | +0.0% |
| 2012 | 40 days | +0.0% |
| 2013 | 35.5 days | -11.2% |
| 2014 | 11.5 days | -67.6% |
| 2015 | 11.5 days | +0.0% |
| 2016 | 10.5 days | -8.7% |
| 2017 | 10.5 days | +0.0% |
| 2018 | 10.5 days | +0.0% |
| 2019 | 10.5 days | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.6 days | 41 days | 74 days | 5 |
| 2010s | 22.05 days | 10.5 days | 40 days | 10 |
Countries ranked near Trinidad and Tobago
- 109 Russia 10.1 days compare
- 110 Colombia 10 days compare
- 110 Gabon 10 days compare
- 110 Kyrgyzstan 10 days compare
- 110 Niger 10 days compare
- 110 Saudi Arabia 10 days compare
- 110 Saint Vincent and the Grenadines 10 days compare
- 110 Switzerland 10 days compare
- 110 Chinese Taipei 10 days 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: time - men in Trinidad and Tobago?
- Starting a business: time - men in Trinidad and Tobago was 10.5 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Trinidad and Tobago?
- The highest recorded value was 74 days in 2005.
- What is the lowest starting a business: time - men recorded in Trinidad and Tobago?
- The lowest recorded value was 10.5 days in 2016.
- How does Trinidad and Tobago rank for starting a business: time - men?
- Trinidad and Tobago ranks 108th out of 190 countries with data for 2019.
- Is starting a business: time - men 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 the World Bank, published as part of Starting a business: Time - Men (days). 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 time for men captures the median duration that business incorporation experts indicate is necessary for five male married entrepreneurs to complete all procedures required to start and operate a business with minimum follow-up and no extra payments. It is calulared in calendar days. The time estimates of all procedures are added to calculate the total time required to start and operate a business, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day.