New business density — all countries

New business density — Belize

New business density in Belize in 2024 — 13.01 per 1,000. Ranked 20 in the world out of 134. Since 2007, the indicator has risen by 145.8%.

2024 13.01 per 1,000 +12.35% vs 2023
World rank 20of 134
Period maximum 13.01 per 1,0002024
Period minimum 2.58 per 1,0002020

Trend over time

2007–2024 · per 1,000 people aged 15–64

New business density — Belize, 2007–202405101520072009201120132015201720192021202320242007: 5.29 per 1,0002008: 4.43 per 1,0002009: 3.12 per 1,0002010: 3.12 per 1,0002011: 4.99 per 1,0002012: 4.16 per 1,0002013: 3.74 per 1,0002014: 2.96 per 1,0002015: 2.96 per 1,0002016: 2.97 per 1,0002017: 3.18 per 1,0002018: 3.05 per 1,0002019: 3.01 per 1,0002020: 2.58 per 1,0002021: 3.78 per 1,0002022: 4.12 per 1,0002023: 11.58 per 1,0002024: 13.01 per 1,000
Change over the period: +7.72 (+145.84%) Average annual rate: 5.43 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Belize

Belize 13.01 per 1,000
World 5.15 per 1,000
Latin America & Caribbean 3.68 per 1,000
Central America computed 1.13 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Belize, by year Belize All countries CSV XLSX
Year per 1,000 Change Change, %
2024 13.01 +1.43 +12.35%
2023 11.58 +7.46 +180.97%
2022 4.12 +0.34 +9.05%
2021 3.78 +1.2 +46.59%
2020 2.58 −0.43 −14.39%
2019 3.01 −0.04 −1.24%
2018 3.05 −0.14 −4.27%
2017 3.18 +0.22 +7.29%
2016 2.97 +0.01 +0.4%
2015 2.96 −0 −0.12%
2014 2.96 −0.78 −20.8%
2013 3.74 −0.42 −10.17%
2012 4.16 −0.83 −16.56%
2011 4.99 +1.87 +59.84%
2010 3.12 +0 +0.03%
2009 3.12 −1.32 −29.68%
2008 4.43 −0.86 −16.19%
2007 5.29

Central America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of newly registered limited liability companies per 1,000 people of working age (15–64) over a year. It is an indicator of entrepreneurial activity and of the ease of entering a market. Only limited liability companies are counted, so in countries where sole proprietorships dominate the figure is understated.

Important: The aggregate is weighted by the population aged 15–64 — the same denominator that stands in the indicator. Only new limited liability companies are counted, so where other legal forms are common the value is understated.

Source: World Development Indicators (World Bank), license CC BY 4.0.