New businesses registered — all countries

New businesses registered — Melanesia

New businesses registered in Melanesia in 2018 — 5,947 companies. Since 2006, the indicator has fallen by 47.2%.

2018 5,947 companies +219.22% vs 2017
World rank
Period maximum 11,256 companies2006
Period minimum 271 companies2008

Trend over time

2006–2018 · companies

New businesses registered — Melanesia, 2006–201805,00010,00015,00020062008201020122014201620182006: 11,256 companies2007: 305 companies2008: 271 companies2009: 577 companies2010: 803 companies2011: 784 companies2012: 768 companies2013: 965 companies2014: 1,121 companies2015: 1,259 companies2016: 1,554 companies2017: 1,863 companies2018: 5,947 companies
Change over the period: −5,309 (−47.17%) Average annual rate: -5.18 %

Comparison, 2018

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

Melanesia 5,947 companies
World computed 5.75M companies
New businesses registered — Melanesia, by year Melanesia All countries CSV XLSX
Year companies Change Change, %
2018 5,947 +4,084 +219.22%
2017 1,863 +309 +19.88%
2016 1,554 +295 +23.43%
2015 1,259 +138 +12.31%
2014 1,121 +156 +16.17%
2013 965 +197 +25.65%
2012 768 −16 −2.04%
2011 784 −19 −2.37%
2010 803 +226 +39.17%
2009 577 +306 +112.92%
2008 271 −34 −11.15%
2007 305 −10,951 −97.29%
2006 11,256

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.