New businesses registered — all countries

New businesses registered — Dominican Republic

New businesses registered in the Dominican Republic in 2018 — 10,204 companies. Ranked 80 in the world out of 173. Since 2011, the indicator has risen by 213.3%.

2018 10,204 companies +6.32% vs 2017
World rank 80of 173
Period maximum 10,204 companies2018
Period minimum 3,257 companies2011

Trend over time

2011–2018 · companies

New businesses registered — Dominican Republic, 2011–201805,00010,00015,000201120122013201420152016201720182011: 3,257 companies2012: 7,219 companies2013: 8,131 companies2014: 8,059 companies2015: 8,367 companies2016: 9,363 companies2017: 9,597 companies2018: 10,204 companies
Change over the period: +6,947 (+213.29%) Average annual rate: 17.72 %

Comparison, 2018

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

Dominican Republic 10,204 companies
World computed 5.75M companies
Latin America & Caribbean computed 915,810 companies
Upper-middle-income countries computed 1.91M companies
New businesses registered — Dominican Republic, by year Dominican Republic All countries CSV XLSX
Year companies Change Change, %
2018 10,204 +607 +6.32%
2017 9,597 +234 +2.5%
2016 9,363 +996 +11.9%
2015 8,367 +308 +3.82%
2014 8,059 −72 −0.89%
2013 8,131 +912 +12.63%
2012 7,219 +3,962 +121.65%
2011 3,257

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.