New businesses registered — all countries

New businesses registered — Grenada

New businesses registered in Grenada in 2020 — 217 companies. Ranked 157 in the world out of 166. Since 2006, the indicator has risen by 8%.

2020 217 companies −15.56% vs 2019
World rank 157of 166
Period maximum 273 companies2017
Period minimum 120 companies2009

Trend over time

2006–2020 · companies

New businesses registered — Grenada, 2006–2020100150200250300200620082010201220142016201820202006: 201 companies2007: 207 companies2008: 186 companies2009: 120 companies2010: 147 companies2011: 136 companies2012: 123 companies2013: 164 companies2014: 175 companies2015: 228 companies2016: 228 companies2017: 273 companies2018: 247 companies2019: 257 companies2020: 217 companies
Change over the period: +16 (+7.96%) Average annual rate: 0.55 %

Comparison, 2020

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

Grenada 217 companies
World computed 5.99M companies
Latin America & Caribbean computed 1.05M companies
Upper-middle-income countries computed 2.11M companies
New businesses registered — Grenada, by year Grenada All countries CSV XLSX
Year companies Change Change, %
2020 217 −40 −15.56%
2019 257 +10 +4.05%
2018 247 −26 −9.52%
2017 273 +45 +19.74%
2016 228 +0 +0%
2015 228 +53 +30.29%
2014 175 +11 +6.71%
2013 164 +41 +33.33%
2012 123 −13 −9.56%
2011 136 −11 −7.48%
2010 147 +27 +22.5%
2009 120 −66 −35.48%
2008 186 −21 −10.14%
2007 207 +6 +2.99%
2006 201

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.