New business density — all countries

New business density — Saint Lucia

New business density in Saint Lucia in 2024 — 1.06 per 1,000. Ranked 99 in the world out of 134. Since 2006, the indicator has fallen by 76.1%.

2024 1.06 per 1,000 −62.64% vs 2023
World rank 99of 134
Period maximum 5.24 per 1,0002007
Period minimum 1.06 per 1,0002024

Trend over time

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

New business density — Saint Lucia, 2006–2024024620062008201020122014201620182020202220242006: 4.45 per 1,0002007: 5.24 per 1,0002008: 5.17 per 1,0002009: 5.17 per 1,0002010: 3.44 per 1,0002011: 3.2 per 1,0002012: 3.4 per 1,0002013: 2.01 per 1,0002014: 2.59 per 1,0002015: 2.7 per 1,0002016: 2.55 per 1,0002017: 2.54 per 1,0002018: 4.49 per 1,0002019: 2.53 per 1,0002020: 1.97 per 1,0002021: 2.31 per 1,0002022: 2.52 per 1,0002023: 2.84 per 1,0002024: 1.06 per 1,000
Change over the period: −3.38 (−76.12%) Average annual rate: -7.65 %

Comparison, 2024

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

Saint Lucia 1.06 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 — Saint Lucia, by year Saint Lucia All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.06 −1.78 −62.64%
2023 2.84 +0.32 +12.77%
2022 2.52 +0.21 +9.02%
2021 2.31 +0.34 +17.21%
2020 1.97 −0.56 −22.21%
2019 2.53 −1.96 −43.58%
2018 4.49 +1.95 +76.93%
2017 2.54 −0.01 −0.25%
2016 2.55 −0.16 −5.74%
2015 2.7 +0.11 +4.15%
2014 2.59 +0.58 +28.72%
2013 2.01 −1.38 −40.68%
2012 3.4 +0.2 +6.21%
2011 3.2 −0.24 −7.11%
2010 3.44 −1.73 −33.42%
2009 5.17 +0 +0.06%
2008 5.17 −0.08 −1.48%
2007 5.24 +0.8 +17.94%
2006 4.45

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.