2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Trinidad_and_Tobago_105页_2mb

Doing Business 2016: Trinidad and Tobago Summary

Core Content

The Doing Business 2016 report evaluates the regulatory environment for small to medium-sized businesses across 189 economies, focusing on 10 key areas. These areas include starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The report also includes a detailed analysis of the labor market regulation indicators, which are not included in the aggregate ease of doing business ranking.

Key Indicators and Performance

Ease of Doing Business Ranking

• DB2016 Rank: 88
• DB2015 Rank: 85 (adjusted for data revisions and methodology changes)
• Change in Rank: -3 (Trinidad and Tobago moved down 3 positions)

Distance to Frontier (DTF) Score

• DB2016 DTF: 62.58
• DB2015 DTF: 62.64
• Change in DTF: -0.06 (slight decline in performance relative to the frontier)

Regional Overview

• Region: Latin America & Caribbean
• Income Category: High income
• Population: 1,344,235
• GNI per capita (US$): 16,562

Main Topics and Performance

Starting a Business

• Rank (DB2016): 72
• DTF Score (DB2016): 88.33
• Procedures: 7
• Time (days): 11.5
• Cost (% of income per capita): 0.7
• Best Performer: New Zealand (rank 1, DTF score 99.96)

Dealing with Construction Permits

• Rank (DB2016): 144
• DTF Score (DB2016): 60.87
• Procedures: 16
• Time (days): 253.0
• Cost (% of warehouse value): 0.1
• Building Quality Control Index (0-15): 8.0
• Best Performer: Singapore (rank 1, DTF score 92.97)

Getting Electricity

• Rank (DB2016): 27
• DTF Score (DB2016): 84.3
• Procedures: 4
• Time (days): 61.0
• Cost (% of income per capita): 198.1
• Reliability of Supply and Transparency of Tariff Index (0-8): 6.0
• Best Performer: Korea, Rep. (rank 1, DTF score 99.88)

Registering Property

• Rank (DB2016): 151
• DTF Score (DB2016): 47.5
• Procedures: 9
• Time (days): 77.0
• Cost (% of property value): 7.0
• Quality of Land Administration Index (0-30): 12.0
• Best Performer: New Zealand (rank 1, DTF score 94.46)

Getting Credit

• Rank (DB2016): 42
• DTF Score (DB2016): 65
• Strength of Legal Rights Index (0-12): 7.0
• Depth of Credit Information Index (0-8): 6.0
• Credit Registry Coverage (% of adults): 0.0
• Credit Bureau Coverage (% of adults): 69.6
• Best Performer: New Zealand (rank 1, DTF score 100)

Protecting Minority Investors

• Rank (DB2016): 36
• DTF Score (DB2016): 63.33
• Strength of Minority Investor Protection Index (0-10): 6.3
• Extent of Conflict of Interest Regulation Index (0-10): 7.0
• Extent of Shareholder Governance Index (0-10): 5.7
• Best Performer: Singapore (rank 1, DTF score 83.33)

Paying Taxes

• Rank (DB2016): 114
• DTF Score (DB2016): 68.89
• Number of Payments: 39
• Time (hours per year): 210.0
• Total Tax Rate (% of profit): 32.2
• Best Performer: United Arab Emirates (rank 1, DTF score 99.44)

Trading Across Borders

• Rank (DB2016): 114
• DTF Score (DB2016): 62.01
• Time to Export (Border Compliance): 60 hours
• Cost to Export (Border Compliance): $549
• Time to Export (Documentary Compliance): 32 hours
• Cost to Export (Documentary Compliance): $250
• Time to Import (Border Compliance): 78 hours
• Cost to Import (Border Compliance): $635
• Time to Import (Documentary Compliance): 44 hours
• Cost to Import (Documentary Compliance): $250
• Best Performer: Denmark (rank 1, DTF score 100)

Enforcing Contracts

• Rank (DB2016): 167
• DTF Score (DB2016): 36.55
• Time (days): 1,340.0
• Cost (% of claim): 33.5
• Quality of Judicial Processes Index (0-18): 8.5
• Best Performer: Singapore (rank 1, DTF score 84.91)

Resolving Insolvency

• Rank (DB2016): 67
• DTF Score (DB2016): 48.97
• Recovery Rate (cents on the dollar): 27.1
• Time (years): 2.5
• Cost (% of estate): 25.0
• Strength of Insolvency Framework Index (0-16): 11.0
• Best Performer: Finland (rank 1, DTF score 93.81)

Key Methodology Changes

• The methodology for five indicator sets has been expanded, including the introduction of a new index for the quality of building regulation and its implementation.
• The "getting electricity" indicators now include a measure of electricity price and reliability index.
• The "registering property" indicators include an index of the quality of land administration.
• The "enforcing contracts" indicators now include an index of the quality and efficiency of judicial processes.
• The labor market regulation indicators have been expanded to include more areas related to job quality, but are still excluded from the aggregate ranking and DTF score.

Conclusion

The Doing Business 2016 report provides a comprehensive overview of the regulatory environment in Trinidad and Tobago, highlighting both the challenges and strengths in various areas of business regulation. While the country maintains a high-income status and is ranked relatively well in some areas, it lags behind in others such as registering property and enforcing contracts. The report serves as a valuable tool for policymakers to identify areas for reform and benchmark their performance against other economies.