New businesses registered — all countries

New businesses registered — Trinidad and Tobago

New businesses registered in Trinidad and Tobago in 2020 — 4,344 companies. Ranked 103 in the world out of 166. Since 2006, the indicator has risen by 27%.

2020 4,344 companies −3.7% vs 2019
World rank 103of 166
Period maximum 5,165 companies2015
Period minimum 2,693 companies2009

Trend over time

2006–2020 · companies

New businesses registered — Trinidad and Tobago, 2006–20202,0003,0004,0005,0006,000200620082010201220142016201820202006: 3,421 companies2007: 3,520 companies2008: 3,470 companies2009: 2,693 companies2010: 3,372 companies2011: 3,825 companies2012: 3,446 companies2013: 4,334 companies2014: 4,682 companies2015: 5,165 companies2016: 4,341 companies2017: 3,877 companies2018: 4,115 companies2019: 4,511 companies2020: 4,344 companies
Change over the period: +923 (+26.98%) Average annual rate: 1.72 %

Comparison, 2020

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

Trinidad and Tobago 4,344 companies
World computed 5.99M companies
Latin America & Caribbean computed 1.05M companies
High-income countries computed 2.99M companies
New businesses registered — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year companies Change Change, %
2020 4,344 −167 −3.7%
2019 4,511 +396 +9.62%
2018 4,115 +238 +6.14%
2017 3,877 −464 −10.69%
2016 4,341 −824 −15.95%
2015 5,165 +483 +10.32%
2014 4,682 +348 +8.03%
2013 4,334 +888 +25.77%
2012 3,446 −379 −9.91%
2011 3,825 +453 +13.43%
2010 3,372 +679 +25.21%
2009 2,693 −777 −22.39%
2008 3,470 −50 −1.42%
2007 3,520 +99 +2.89%
2006 3,421

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.