Panama vs Saint Vincent and the Grenadines: New business density

Panama
4.52 new registrations per 1,000 people ages 15-64
in 2022
Saint Vincent and the Grenadines
4.66 new registrations per 1,000 people ages 15-64
in 2020
Panama rank
56th
Saint Vincent and the Grenadines rank
55th

New business density over time

  • Panama
  • Saint Vincent and the Grenadines
2.557.51012.5200620142022

How they compare

Saint Vincent and the Grenadines currently reports 4.66 new registrations per 1,000 people ages 15-64 against 4.52 new registrations per 1,000 people ages 15-64 in Panama, a difference of 0.14 new registrations per 1,000 people ages 15-64.

The two have swapped places 3 times across 8 shared years of data; in 2013 it was Panama ahead.

Panama ranks 56th and Saint Vincent and the Grenadines ranks 55th of 177 countries.

Across the 2 decades both report, Panama averaged higher in 1 and Saint Vincent and the Grenadines in 1.

Head to head by decade

Decade Panama Saint Vincent and the Grenadines Difference Ahead
2010s 8.23 new registrations per 1,000 people ages 15-64 2.76 new registrations per 1,000 people ages 15-64 5.46 new registrations per 1,000 people ages 15-64 Panama
2020s 3.61 new registrations per 1,000 people ages 15-64 4.66 new registrations per 1,000 people ages 15-64 1.04 new registrations per 1,000 people ages 15-64 Saint Vincent and the Grenadines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Panama or Saint Vincent and the Grenadines?
Saint Vincent and the Grenadines, at 4.66 new registrations per 1,000 people ages 15-64 against 4.52 new registrations per 1,000 people ages 15-64 in Panama as of 2020.
What is the difference in new business density between Panama and Saint Vincent and the Grenadines?
0.14 new registrations per 1,000 people ages 15-64, with Saint Vincent and the Grenadines ahead.
How many years of comparable data are there for Panama and Saint Vincent and the Grenadines?
8 years are reported by both, from 2013 to 2020.
How do Panama and Saint Vincent and the Grenadines rank globally for new business density?
Panama ranks 56th and Saint Vincent and the Grenadines ranks 55th 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.

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Panama vs Saint Vincent and the Grenadines: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 13 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/panama/st-vincent-and-the-grenadines/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/panama/st-vincent-and-the-grenadines/">Panama vs Saint Vincent and the Grenadines: New business density</a> — Statizoid

About this data

Indicator
New business density (new registrations per 1,000 people ages 15-64)
Unit
new registrations per 1,000 people ages 15-64
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 3,644 data points, 2006–2024
Last refreshed

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.