New businesses registered — all countries

New businesses registered — Kiribati

New businesses registered in Kiribati in 2018 — 2 companies. Ranked 173 in the world out of 173. Since 2006, the indicator has fallen by 50%.

2018 2 companies −50% vs 2017
World rank 173of 173
Period maximum 5 companies2012
Period minimum 2 companies2008

Trend over time

2006–2018 · companies

New businesses registered — Kiribati, 2006–2018234520062008201020122014201620182006: 4 companies2007: 3 companies2008: 2 companies2009: 3 companies2010: 4 companies2011: 3 companies2012: 5 companies2013: 2 companies2014: 2 companies2015: 3 companies2016: 4 companies2017: 4 companies2018: 2 companies
Change over the period: −2 (−50%) Average annual rate: -5.61 %

Comparison, 2018

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

Kiribati 2 companies
World computed 5.75M companies
East Asia & Pacific computed 1.26M companies
Lower-middle-income countries computed 707,679 companies
New businesses registered — Kiribati, by year Kiribati All countries CSV XLSX
Year companies Change Change, %
2018 2 −2 −50%
2017 4 +0 +0%
2016 4 +1 +33.33%
2015 3 +1 +50%
2014 2 +0 +0%
2013 2 −3 −60%
2012 5 +2 +66.67%
2011 3 −1 −25%
2010 4 +1 +33.33%
2009 3 +1 +50%
2008 2 −1 −33.33%
2007 3 −1 −25%
2006 4

Micronesia, 2018

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

FM Micronesia 25 KI Kiribati 2

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.