Caribbean Small States vs Singapore: New business density
Caribbean Small States
3.37 new registrations per 1,000 people ages 15-64
in 2020
Singapore
11.59 new registrations per 1,000 people ages 15-64
in 2024
Caribbean Small States rank
22nd
Singapore rank
20th
New business density over time
- Caribbean Small States
- Singapore
How they compare
Singapore currently reports 11.59 new registrations per 1,000 people ages 15-64 against 3.37 new registrations per 1,000 people ages 15-64 in Caribbean Small States, a difference of 8.22 new registrations per 1,000 people ages 15-64.
That makes Singapore's figure about 3.4 times Caribbean Small States's.
Across all 15 years both countries report, Singapore has been ahead every year.
Caribbean Small States ranks 22nd and Singapore ranks 20th of 45 groups.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Caribbean Small States | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.52 new registrations per 1,000 people ages 15-64 | 6.26 new registrations per 1,000 people ages 15-64 | 3.74 new registrations per 1,000 people ages 15-64 | Singapore |
| 2010s | 3.07 new registrations per 1,000 people ages 15-64 | 8.31 new registrations per 1,000 people ages 15-64 | 5.24 new registrations per 1,000 people ages 15-64 | Singapore |
| 2020s | 3.37 new registrations per 1,000 people ages 15-64 | 9.78 new registrations per 1,000 people ages 15-64 | 6.41 new registrations per 1,000 people ages 15-64 | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Caribbean Small States or Singapore?
- Singapore, at 11.59 new registrations per 1,000 people ages 15-64 against 3.37 new registrations per 1,000 people ages 15-64 in Caribbean Small States as of 2024.
- What is the difference in new business density between Caribbean Small States and Singapore?
- 8.22 new registrations per 1,000 people ages 15-64, with Singapore ahead.
- How many years of comparable data are there for Caribbean Small States and Singapore?
- 15 years are reported by both, from 2006 to 2020.
- How do Caribbean Small States and Singapore rank globally for new business density?
- Caribbean Small States ranks 22nd and Singapore ranks 20th of 45 groups.
- 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.