New businesses registered — all countries

New businesses registered — Jamaica

New businesses registered in Jamaica in 2024 — 5,393 companies. Ranked 92 in the world out of 134. Since 2006, the indicator has risen by 174.7%.

2024 5,393 companies +0.88% vs 2023
World rank 92of 134
Period maximum 5,485 companies2022
Period minimum 1,775 companies2014

Trend over time

2006–2024 · companies

New businesses registered — Jamaica, 2006–202402,0004,0006,00020062008201020122014201620182020202220242006: 1,963 companies2007: 2,028 companies2008: 2,137 companies2009: 2,058 companies2010: 2,020 companies2011: 1,898 companies2012: 1,946 companies2013: 1,948 companies2014: 1,775 companies2015: 2,226 companies2016: 2,543 companies2017: 2,733 companies2018: 3,159 companies2019: 3,820 companies2020: 3,975 companies2021: 4,915 companies2022: 5,485 companies2023: 5,346 companies2024: 5,393 companies
Change over the period: +3,430 (+174.73%) Average annual rate: 5.78 %

Comparison, 2024

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

Jamaica 5,393 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Jamaica, by year Jamaica All countries CSV XLSX
Year companies Change Change, %
2024 5,393 +47 +0.88%
2023 5,346 −139 −2.53%
2022 5,485 +570 +11.6%
2021 4,915 +940 +23.65%
2020 3,975 +155 +4.06%
2019 3,820 +661 +20.92%
2018 3,159 +426 +15.59%
2017 2,733 +190 +7.47%
2016 2,543 +317 +14.24%
2015 2,226 +451 +25.41%
2014 1,775 −173 −8.88%
2013 1,948 +2 +0.1%
2012 1,946 +48 +2.53%
2011 1,898 −122 −6.04%
2010 2,020 −38 −1.85%
2009 2,058 −79 −3.7%
2008 2,137 +109 +5.37%
2007 2,028 +65 +3.31%
2006 1,963

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.