New business density (new registrations per 1,000 people ages 15-64) in Belize
Belize: New business density (new registrations per 1,000 people ages 15-64) was 13.01 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
New business density in Belize, 2007–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2024, new business density in Belize stood at 13.01 new registrations per 1,000 people ages 15-64. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 12.3% on the previous year and up 339.4% over ten years.
Over the whole period, new business density in Belize peaked at 13.01 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 2.58 new registrations per 1,000 people ages 15-64, in 2020.
Belize ranks 19th of 177 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New business density (new registrations per 1,000 people ages 15-64) in Belize, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2007 | 5.29 new registrations per 1,000 people ages 15-64 | — |
| 2008 | 4.43 new registrations per 1,000 people ages 15-64 | -16.2% |
| 2009 | 3.12 new registrations per 1,000 people ages 15-64 | -29.7% |
| 2010 | 3.12 new registrations per 1,000 people ages 15-64 | +0.0% |
| 2011 | 4.99 new registrations per 1,000 people ages 15-64 | +59.8% |
| 2012 | 4.16 new registrations per 1,000 people ages 15-64 | -16.6% |
| 2013 | 3.74 new registrations per 1,000 people ages 15-64 | -10.2% |
| 2014 | 2.96 new registrations per 1,000 people ages 15-64 | -20.8% |
| 2015 | 2.96 new registrations per 1,000 people ages 15-64 | -0.1% |
| 2016 | 2.97 new registrations per 1,000 people ages 15-64 | +0.4% |
| 2017 | 3.18 new registrations per 1,000 people ages 15-64 | +7.3% |
| 2018 | 3.05 new registrations per 1,000 people ages 15-64 | -4.3% |
| 2019 | 3.01 new registrations per 1,000 people ages 15-64 | -1.2% |
| 2020 | 2.58 new registrations per 1,000 people ages 15-64 | -14.4% |
| 2021 | 3.78 new registrations per 1,000 people ages 15-64 | +46.6% |
| 2022 | 4.12 new registrations per 1,000 people ages 15-64 | +9.1% |
| 2023 | 11.58 new registrations per 1,000 people ages 15-64 | +181.0% |
| 2024 | 13.01 new registrations per 1,000 people ages 15-64 | +12.3% |
Belize compared with similar countries
- Belize's 13.01 new registrations per 1,000 people ages 15-64 is above the median for upper middle income countries, which is 2.17 new registrations per 1,000 people ages 15-64, 6.0× the median. (52 countries reporting)
- Belize's 13.01 new registrations per 1,000 people ages 15-64 is above the median for Latin America & Caribbean, which is 3.07 new registrations per 1,000 people ages 15-64, 4.2× the median. (32 countries reporting)
Biggest year-on-year movements
Years where New business density (new registrations per 1,000 people ages 15-64) in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +181.0% | 4.12 new registrations per 1,000 people ages 15-64 | 11.58 new registrations per 1,000 people ages 15-64 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.28 new registrations per 1,000 people ages 15-64 | 3.12 new registrations per 1,000 people ages 15-64 | 5.29 new registrations per 1,000 people ages 15-64 | 3 |
| 2010s | 3.41 new registrations per 1,000 people ages 15-64 | 2.96 new registrations per 1,000 people ages 15-64 | 4.99 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 7.01 new registrations per 1,000 people ages 15-64 | 2.58 new registrations per 1,000 people ages 15-64 | 13.01 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Belize
- 16 Croatia 15.21 new registrations per 1,000 people ages 15-64 compare
- 17 Mauritius 13.98 new registrations per 1,000 people ages 15-64 compare
- 18 Botswana 13.33 new registrations per 1,000 people ages 15-64 compare
- 20 Singapore 11.59 new registrations per 1,000 people ages 15-64 compare
- 21 South Africa 11.46 new registrations per 1,000 people ages 15-64 compare
- 22 Portugal 11 new registrations per 1,000 people ages 15-64 compare
More private sector data for Belize
- Merchandise trade 56.4% (2025)
- Food imports 19.3% (2025)
- Manufactures imports 64.2% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Commercial service imports 324.25 million current US$ (2025)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Commercial service exports 1.16 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,050 current US$ per person (2025)
Frequently asked questions
- What is new business density in Belize?
- New business density in Belize was 13.01 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Belize?
- The highest recorded value was 13.01 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Belize?
- The lowest recorded value was 2.58 new registrations per 1,000 people ages 15-64 in 2020.
- How does Belize rank for new business density?
- Belize ranks 19th out of 177 countries with data for 2024.
- Is new business density rising or falling in Belize?
- Over the last ten years it is up 339.4%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.