New business density — all countries

New business density — Guyana

New business density in Guyana in 2024 — 2.9 per 1,000. Ranked 61 in the world out of 134. Since 2006, the indicator has risen by 767.9%.

2024 2.9 per 1,000 +6.31% vs 2023
World rank 61of 134
Period maximum 2.9 per 1,0002024
Period minimum 0.05 per 1,0002007

Trend over time

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

New business density — Guyana, 2006–2024012320062008201020122014201620182020202220242006: 0.33 per 1,0002007: 0.05 per 1,0002008: 0.16 per 1,0002009: 0.55 per 1,0002010: 0.52 per 1,0002011: 0.73 per 1,0002012: 0.73 per 1,0002013: 0.72 per 1,0002014: 0.65 per 1,0002015: 0.63 per 1,0002016: 0.82 per 1,0002017: 0.94 per 1,0002018: 1.1 per 1,0002019: 1.67 per 1,0002020: 1.57 per 1,0002021: 2.34 per 1,0002022: 2.68 per 1,0002023: 2.73 per 1,0002024: 2.9 per 1,000
Change over the period: +2.57 (+767.93%) Average annual rate: 12.76 %

Comparison, 2024

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

Guyana 2.9 per 1,000
World 5.15 per 1,000
Latin America & Caribbean 3.68 per 1,000
New business density — Guyana, by year Guyana All countries CSV XLSX
Year per 1,000 Change Change, %
2024 2.9 +0.17 +6.31%
2023 2.73 +0.05 +1.81%
2022 2.68 +0.34 +14.7%
2021 2.34 +0.77 +48.71%
2020 1.57 −0.1 −5.99%
2019 1.67 +0.57 +51.53%
2018 1.1 +0.16 +17.56%
2017 0.94 +0.12 +14.82%
2016 0.82 +0.19 +30.56%
2015 0.63 −0.03 −3.84%
2014 0.65 −0.07 −9.89%
2013 0.72 −0.01 −1.1%
2012 0.73 +0 +0.3%
2011 0.73 +0.21 +40.73%
2010 0.52 −0.04 −6.55%
2009 0.55 +0.4 +250.91%
2008 0.16 +0.11 +206.66%
2007 0.05 −0.28 −84.61%
2006 0.33

South 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.