Chile*

2018
Rank
33

Overall Index Development 2012-2018 | ø 50

Trinidad and Tobago

2018
Rank
63

Global weighting

Value

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Value

Overall Index

64,37

55,74

Economic Conditions

53,52

51,08

Per Capita Income

22.706,70

Gross Domestic Product - total value of all goods and services in purchasing power parity

30.464,80

Gross Domestic Product - total value of all goods and services in purchasing power parity

Gross National Debt (% of GDP)

21,30

Gross national debt in relation to GDP reflects the total amount of government bonds minus repayments in the local currency.

39,39

Gross national debt in relation to GDP reflects the total amount of government bonds minus repayments in the local currency.

FDI inflows per capita

1.234,32

Average per capita inflows of foreign direct investments (FDI)

-309,24

Average per capita inflows of foreign direct investments (FDI)

Inflation (%)

3,79

Annual percentage change of average consumer prices

3,07

Annual percentage change of average consumer prices

Business Freedom

72,30

Measures the overall regulatory burden and the State's regulatory process efficiency (measure of the degree of bureaucracy)

67,70

Measures the overall regulatory burden and the State's regulatory process efficiency (measure of the degree of bureaucracy)

Infrastructure

2,77

Quality of trade and transport-related infrastructure (e.g. ports, railways, roads, information technology)

2,34

Quality of trade and transport-related infrastructure (e.g. ports, railways, roads, information technology)

Tax Burden on Company Profits (%)

31,40

Proportion of taxes, fees and charges levied on company profits net of deductions and exemptions

32,00

Proportion of taxes, fees and charges levied on company profits net of deductions and exemptions

Actual Market Potential (standardized measure)

12,14

Sum of the expenditure by all countries worldwide, weighted with bilateral trade costs and taking the impact of national borders on trade flows into account.

17,64

Sum of the expenditure by all countries worldwide, weighted with bilateral trade costs and taking the impact of national borders on trade flows into account.

Politico-Legal Conditions

83,10

60,71

Political Stability

0,51

Reflects the perception of the probability that unconstitutional or violent measures , including politically motivated violence and terrorism, will destabilise or overthrow the government.

0,28

Reflects the perception of the probability that unconstitutional or violent measures , including politically motivated violence and terrorism, will destabilise or overthrow the government.

Regulatory Quality

1,37

Reflects the perception of the government's ability to formulate and implement sensible policies and regulations, which permit and promote the development of the private sector.

0,09

Reflects the perception of the government's ability to formulate and implement sensible policies and regulations, which permit and promote the development of the private sector.

Rule of Law

1,13

Reflects the perception how far protagonists appear to trust and obey social rules, with particular attention to the quality of contract fulfilment, property rights, police, and the courts, as well as the probability of crime and violence.

-0,16

Control of Corruption

1,11

Reflects the perception of the extent to which public power is used for personal gain. This includes minor and major forms of corruption. It also reflects the extent to which the state is monopolised by elites and personal interests.

-0,26

Openness

88,70

Freedom from trade barriers that impede the export and import of goods and services.

73,50

Freedom from trade barriers that impede the export and import of goods and services.

Investment Freedom

85,00

Extent of investment capital flow restrictions

60,00

Extent of investment capital flow restrictions

Socio-Cultural Conditions

59,98

55,84

Average Population Growth Rate

0,82

The annual growth rate is calculated from the nth root of the total growth rate, whereby "n" represents the number of years over the course of the period in question.

0,36

The annual growth rate is calculated from the nth root of the total growth rate, whereby "n" represents the number of years over the course of the period in question.

Unemployment Rate (%)

6,49

Proportion of job seekers in relation to the total workforce

4,07

Proportion of job seekers in relation to the total workforce

Per Capita Consumer Spending of Private Households (in constant 2000 US$)

10.585,50

Average consumer spending of private households per person. Consumer spending of private households is equivalent to the market value of all goods and services bought by households, including durable goods.

9.170,29

Life Expectancy at Birth

82,00

Life expectancy at birth (index with a minimum value of 20 years and the observed maximum value between 1980 and 2010)

70,50

Life expectancy at birth (index with a minimum value of 20 years and the observed maximum value between 1980 and 2010)

Average School-Based Learning

9,90

Average school-based learning (index taken from the average school periods - adults, and the expected school periods - children)

10,90

Average school-based learning (index taken from the average school periods - adults, and the expected school periods - children)

Labour Freedom

60,40

The general legal and regulatory labour market conditions of a particular country

74,50

The general legal and regulatory labour market conditions of a particular country

Focus Focus

Value

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Value

Sales Market

55,48

50,15

Production Site

68,00

60,08

Foreign direct investment

1,04

0,56

Transport Infrastructure Index

Energy Infrastructure Index

Telecommunications Infrastructure Index

Education

0,91

0,59

Openess

Value

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Value

Trade intensity

0,56

Free trade

5,89

Openness

88,70

73,50

Source: HWWI, BDO IBC 2018; database 2016

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