New businesses registered — all countries

New businesses registered — Barbados

New businesses registered in Barbados in 2024 — 1,517 companies. Ranked 113 in the world out of 134. Since 2015, the indicator has risen by 37.3%.

2024 1,517 companies +4.69% vs 2023
World rank 113of 134
Period maximum 1,517 companies2024
Period minimum 859 companies2018

Trend over time

2015–2024 · companies

New businesses registered — Barbados, 2015–20248001,0001,2001,4001,60020152016201720182019202020212022202320242015: 1,105 companies2016: 1,056 companies2017: 945 companies2018: 859 companies2019: 939 companies2020: 934 companies2021: 995 companies2022: 1,028 companies2023: 1,449 companies2024: 1,517 companies
Change over the period: +412 (+37.29%) Average annual rate: 3.58 %
New businesses registered — Barbados, by year Barbados All countries CSV XLSX
Year companies Change Change, %
2024 1,517 +68 +4.69%
2023 1,449 +421 +40.95%
2022 1,028 +33 +3.32%
2021 995 +61 +6.53%
2020 934 −5 −0.53%
2019 939 +80 +9.31%
2018 859 −86 −9.1%
2017 945 −111 −10.51%
2016 1,056 −49 −4.43%
2015 1,105

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

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