Belize vs Latin America & Caribbean: New business density
Belize
13.01 new registrations per 1,000 people ages 15-64
in 2024
Latin America & Caribbean
3.68 new registrations per 1,000 people ages 15-64
in 2024
Belize rank
19th
Latin America & Caribbean rank
19th
New business density over time
- Belize
- Latin America & Caribbean
How they compare
Belize currently reports 13.01 new registrations per 1,000 people ages 15-64 against 3.68 new registrations per 1,000 people ages 15-64 in Latin America & Caribbean, a difference of 9.33 new registrations per 1,000 people ages 15-64.
That makes Belize's figure about 3.5 times Latin America & Caribbean's.
The two have swapped places 2 times across 18 shared years of data; in 2007 it was Belize ahead.
Belize ranks 19th and Latin America & Caribbean ranks 19th of 177 countries.
Belize has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belize | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.28 new registrations per 1,000 people ages 15-64 | 1.82 new registrations per 1,000 people ages 15-64 | 2.46 new registrations per 1,000 people ages 15-64 | Belize |
| 2010s | 3.41 new registrations per 1,000 people ages 15-64 | 2.14 new registrations per 1,000 people ages 15-64 | 1.28 new registrations per 1,000 people ages 15-64 | Belize |
| 2020s | 7.01 new registrations per 1,000 people ages 15-64 | 3.37 new registrations per 1,000 people ages 15-64 | 3.64 new registrations per 1,000 people ages 15-64 | Belize |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Belize or Latin America & Caribbean?
- Belize, at 13.01 new registrations per 1,000 people ages 15-64 against 3.68 new registrations per 1,000 people ages 15-64 in Latin America & Caribbean as of 2024.
- What is the difference in new business density between Belize and Latin America & Caribbean?
- 9.33 new registrations per 1,000 people ages 15-64, with Belize ahead.
- How many years of comparable data are there for Belize and Latin America & Caribbean?
- 18 years are reported by both, from 2007 to 2024.
- How do Belize and Latin America & Caribbean rank globally for new business density?
- Belize ranks 19th and Latin America & Caribbean ranks 19th 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.