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New businesses registered — all countries

New businesses registered — Cayman Islands

New businesses registered in the Cayman Islands in 2024 — 11,197 companies. Ranked 69 in the world out of 134. Since 2006, the indicator has fallen by 8.8%.

2024 11,197 companies +16.85% vs 2023
World rank 69of 134
Period maximum 16,748 companies2021
Period minimum 7,859 companies2009

Trend over time

2006–2024 · companies

New businesses registered — Cayman Islands, 2006–20247,50010,00012,50015,00017,50020062008201020122014201620182020202220242006: 12,275 companies2007: 14,235 companies2008: 11,860 companies2009: 7,859 companies2010: 8,153 companies2011: 9,059 companies2012: 8,965 companies2013: 9,429 companies2014: 11,005 companies2015: 11,860 companies2016: 11,174 companies2017: 13,046 companies2018: 16,326 companies2019: 12,817 companies2020: 11,731 companies2021: 16,748 companies2022: 11,796 companies2023: 9,582 companies2024: 11,197 companies
Change over the period: −1,078 (−8.78%) Average annual rate: -0.51 %
New businesses registered — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year companies Change Change, %
2024 11,197 +1,615 +16.85%
2023 9,582 −2,214 −18.77%
2022 11,796 −4,952 −29.57%
2021 16,748 +5,017 +42.77%
2020 11,731 −1,086 −8.47%
2019 12,817 −3,509 −21.49%
2018 16,326 +3,280 +25.14%
2017 13,046 +1,872 +16.75%
2016 11,174 −686 −5.78%
2015 11,860 +855 +7.77%
2014 11,005 +1,576 +16.71%
2013 9,429 +464 +5.18%
2012 8,965 −94 −1.04%
2011 9,059 +906 +11.11%
2010 8,153 +294 +3.74%
2009 7,859 −4,001 −33.74%
2008 11,860 −2,375 −16.68%
2007 14,235 +1,960 +15.97%
2006 12,275 — —

Caribbean, 2024

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

KY Cayman Islands 11,197 JM Jamaica 5,393 BB Barbados 1,517 VI United States Virgin Islands 1,267 TC Turks and Caicos Islands 803 KN Saint Kitts and Nevis 619 AG Antigua and Barbuda 275 DM Dominica 171 LC Saint Lucia 139
Full table for all countries

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.

Other indicators for the Cayman Islands

Business New business density

How many new companies are registered per 1,000 people of working age.

Cayman Islands by year Business Listed domestic companies

How many domestic companies are quoted on a country's exchanges.

Cayman Islands by year Business Foreign direct investment inflows

How much direct investment from abroad comes into a country in a year.

Cayman Islands by year Business Foreign direct investment outflows

How much direct investment the residents of a country place abroad.

Cayman Islands by year Business FDI inflows (% of GDP)

Inflows of direct investment relative to the size of the economy.

Cayman Islands by year Business Stock market capitalization (% of GDP)

The value of a country's listed companies as a percent of GDP.

Cayman Islands by year
All indicators for the Cayman Islands