New businesses registered — all countries

New businesses registered — Saint Vincent and the Grenadines

New businesses registered in Saint Vincent and the Grenadines in 2020 — 323 companies. Ranked 151 in the world out of 166. Since 2006, the indicator has risen by 103.1%.

2020 323 companies +13.73% vs 2019
World rank 151of 166
Period maximum 414 companies2018
Period minimum 118 companies2016

Trend over time

2006–2020 · companies

New businesses registered — Saint Vincent and the Grenadines, 2006–20200200400600200620082010201220142016201820202006: 159 companies2007: 210 companies2008: 167 companies2009: 131 companies2010: 139 companies2011: 134 companies2012: 127 companies2013: 133 companies2014: 125 companies2015: 119 companies2016: 118 companies2017: 175 companies2018: 414 companies2019: 284 companies2020: 323 companies
Change over the period: +164 (+103.14%) Average annual rate: 5.19 %

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: Saint Vincent and the Grenadines

Saint Vincent and the Grenadines 323 companies
World computed 5.99M companies
Latin America & Caribbean computed 1.05M companies
Upper-middle-income countries computed 2.11M companies
New businesses registered — Saint Vincent and the Grenadines, by year Saint Vincent and the Grenadines All countries CSV XLSX
Year companies Change Change, %
2020 323 +39 +13.73%
2019 284 −130 −31.4%
2018 414 +239 +136.57%
2017 175 +57 +48.31%
2016 118 −1 −0.84%
2015 119 −6 −4.8%
2014 125 −8 −6.02%
2013 133 +6 +4.72%
2012 127 −7 −5.22%
2011 134 −5 −3.6%
2010 139 +8 +6.11%
2009 131 −36 −21.56%
2008 167 −43 −20.48%
2007 210 +51 +32.08%
2006 159

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.