New business density — all countries

New business density — Dominica

New business density in Dominica in 2024 — 3.73 per 1,000. Ranked 55 in the world out of 134. Since 2006, the indicator has risen by 0.6%.

2024 3.73 per 1,000 +10.08% vs 2023
World rank 55of 134
Period maximum 3.85 per 1,0002008
Period minimum 2.19 per 1,0002013

Trend over time

2006–2024 · per 1,000 people aged 15–64

New business density — Dominica, 2006–202422.533.5420062008201020122014201620182020202220242006: 3.71 per 1,0002007: 3.59 per 1,0002008: 3.85 per 1,0002009: 2.93 per 1,0002010: 3.64 per 1,0002011: 3.03 per 1,0002012: 2.74 per 1,0002013: 2.19 per 1,0002014: 3.13 per 1,0002015: 2.77 per 1,0002016: 2.57 per 1,0002017: 2.81 per 1,0002018: 3.61 per 1,0002019: 3.4 per 1,0002020: 2.77 per 1,0002021: 3.53 per 1,0002022: 3.68 per 1,0002023: 3.39 per 1,0002024: 3.73 per 1,000
Change over the period: +0.02 (+0.57%) Average annual rate: 0.03 %

Comparison, 2024

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

Dominica 3.73 per 1,000
World 5.15 per 1,000
Latin America & Caribbean 3.68 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Dominica, by year Dominica All countries CSV XLSX
Year per 1,000 Change Change, %
2024 3.73 +0.34 +10.08%
2023 3.39 −0.29 −7.83%
2022 3.68 +0.15 +4.15%
2021 3.53 +0.77 +27.66%
2020 2.77 −0.63 −18.65%
2019 3.4 −0.21 −5.72%
2018 3.61 +0.8 +28.25%
2017 2.81 +0.24 +9.37%
2016 2.57 −0.2 −7.15%
2015 2.77 −0.35 −11.34%
2014 3.13 +0.93 +42.55%
2013 2.19 −0.55 −19.94%
2012 2.74 −0.29 −9.57%
2011 3.03 −0.61 −16.85%
2010 3.64 +0.72 +24.47%
2009 2.93 −0.92 −23.97%
2008 3.85 +0.26 +7.29%
2007 3.59 −0.13 −3.39%
2006 3.71

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.