According to a study conducted on the ease of doing business in a country, as of May 2019 starting a business was the topic with the best performance in Trinidad and Tobago, with a score of 88.6. Meanwhile, enforcing contracts had the lowest performance in the Caribbean country, with a score of 35.6. Each topic is measured on a scale from 0 to 100, where 0 represents the lowest and 100 represents the best performance. Trinidad and Tobago scored an average of 61.3.
Ease of doing business in Trinidad and Tobago as of May 2019, by topic
The source adds the following information: "The ease of doing business score captures the gap of each economy from the best regulatory performance observed on each of the indicators across all economies in the Doing Business sample since 2005. An economy’s ease of doing business score is reflected on a scale from 0 to 100, where 0 represents the lowest and 100 represents the best performance."
More information about the methodology can be found here.
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Doing Business, & World Bank. (October 24, 2019). Ease of doing business in Trinidad and Tobago as of May 2019, by topic [Graph]. In Statista. Retrieved December 08, 2024, from https://www.statista.com/statistics/1095530/trinidad-tobago-ease-doing-business-topic/
Doing Business, und World Bank. "Ease of doing business in Trinidad and Tobago as of May 2019, by topic." Chart. October 24, 2019. Statista. Accessed December 08, 2024. https://www.statista.com/statistics/1095530/trinidad-tobago-ease-doing-business-topic/
Doing Business, World Bank. (2019). Ease of doing business in Trinidad and Tobago as of May 2019, by topic. Statista. Statista Inc.. Accessed: December 08, 2024. https://www.statista.com/statistics/1095530/trinidad-tobago-ease-doing-business-topic/
Doing Business, and World Bank. "Ease of Doing Business in Trinidad and Tobago as of May 2019, by Topic." Statista, Statista Inc., 24 Oct 2019, https://www.statista.com/statistics/1095530/trinidad-tobago-ease-doing-business-topic/
Doing Business & World Bank, Ease of doing business in Trinidad and Tobago as of May 2019, by topic Statista, https://www.statista.com/statistics/1095530/trinidad-tobago-ease-doing-business-topic/ (last visited December 08, 2024)
Ease of doing business in Trinidad and Tobago as of May 2019, by topic [Graph], Doing Business, & World Bank, October 24, 2019. [Online]. Available: https://www.statista.com/statistics/1095530/trinidad-tobago-ease-doing-business-topic/