Barbados vs IDA total: New business density
Barbados
8.11 new registrations per 1,000 people ages 15-64
in 2024
IDA total
0.854 new registrations per 1,000 people ages 15-64
in 2022
Barbados rank
32nd
IDA total rank
35th
New business density over time
- Barbados
- IDA total
How they compare
Barbados currently reports 8.11 new registrations per 1,000 people ages 15-64 against 0.854 new registrations per 1,000 people ages 15-64 in IDA total, a difference of 7.26 new registrations per 1,000 people ages 15-64.
That makes Barbados's figure about 9.5 times IDA total's.
Across all 8 years both countries report, Barbados has been ahead every year.
Barbados ranks 32nd and IDA total ranks 35th of 177 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | IDA total | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.17 new registrations per 1,000 people ages 15-64 | 0.5059 new registrations per 1,000 people ages 15-64 | 4.66 new registrations per 1,000 people ages 15-64 | Barbados |
| 2020s | 5.23 new registrations per 1,000 people ages 15-64 | 0.7635 new registrations per 1,000 people ages 15-64 | 4.46 new registrations per 1,000 people ages 15-64 | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Barbados or IDA total?
- Barbados, at 8.11 new registrations per 1,000 people ages 15-64 against 0.854 new registrations per 1,000 people ages 15-64 in IDA total as of 2024.
- What is the difference in new business density between Barbados and IDA total?
- 7.26 new registrations per 1,000 people ages 15-64, with Barbados ahead.
- How many years of comparable data are there for Barbados and IDA total?
- 8 years are reported by both, from 2015 to 2022.
- How do Barbados and IDA total rank globally for new business density?
- Barbados ranks 32nd and IDA total ranks 35th of 177 countries.
- Where does this data come from?
- Entrepreneurship Database, World Bank (WB), published as New business density (new registrations per 1,000 people ages 15-64). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.