New business density in Dominica
Dominica: New business density was 3.73 new registrations per 1,000 people ages 15-64 in 2024. ▬ Flat
Latest (2024)
3.73 new registrations per 1,000 people ages 15-64
Change on year
up 10.1%
World rank
64th
of 177 countries
All-time high
3.85 new registrations per 1,000 people ages 15-64
in 2008
All-time low
2.19 new registrations per 1,000 people ages 15-64
in 2013
Years of data
19
2006–2024
New business density in Dominica, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Dominica recorded 3.73 new registrations per 1,000 people ages 15-64 for new business density in 2024.
Compared with earlier readings it is up 10.1% on the previous year and up 19.5% over ten years.
Over the whole period, new business density in Dominica peaked at 3.85 new registrations per 1,000 people ages 15-64 in 2008 and was at its lowest, 2.19 new registrations per 1,000 people ages 15-64, in 2013.
Dominica ranks 64th of 177 countries on this measure, in the middle of the range.
New business density in Dominica, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 3.71 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 3.59 new registrations per 1,000 people ages 15-64 | -3.4% |
| 2008 | 3.85 new registrations per 1,000 people ages 15-64 | +7.3% |
| 2009 | 2.93 new registrations per 1,000 people ages 15-64 | -24.0% |
| 2010 | 3.64 new registrations per 1,000 people ages 15-64 | +24.5% |
| 2011 | 3.03 new registrations per 1,000 people ages 15-64 | -16.9% |
| 2012 | 2.74 new registrations per 1,000 people ages 15-64 | -9.6% |
| 2013 | 2.19 new registrations per 1,000 people ages 15-64 | -19.9% |
| 2014 | 3.13 new registrations per 1,000 people ages 15-64 | +42.6% |
| 2015 | 2.77 new registrations per 1,000 people ages 15-64 | -11.3% |
| 2016 | 2.57 new registrations per 1,000 people ages 15-64 | -7.2% |
| 2017 | 2.81 new registrations per 1,000 people ages 15-64 | +9.4% |
| 2018 | 3.61 new registrations per 1,000 people ages 15-64 | +28.3% |
| 2019 | 3.4 new registrations per 1,000 people ages 15-64 | -5.7% |
| 2020 | 2.77 new registrations per 1,000 people ages 15-64 | -18.6% |
| 2021 | 3.53 new registrations per 1,000 people ages 15-64 | +27.7% |
| 2022 | 3.68 new registrations per 1,000 people ages 15-64 | +4.2% |
| 2023 | 3.39 new registrations per 1,000 people ages 15-64 | -7.8% |
| 2024 | 3.73 new registrations per 1,000 people ages 15-64 | +10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.52 new registrations per 1,000 people ages 15-64 | 2.93 new registrations per 1,000 people ages 15-64 | 3.85 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 2.99 new registrations per 1,000 people ages 15-64 | 2.19 new registrations per 1,000 people ages 15-64 | 3.64 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 3.42 new registrations per 1,000 people ages 15-64 | 2.77 new registrations per 1,000 people ages 15-64 | 3.73 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Dominica
- 61 Antigua and Barbuda 4.16 new registrations per 1,000 people ages 15-64 compare
- 62 Armenia 4.12 new registrations per 1,000 people ages 15-64 compare
- 63 Hungary 3.83 new registrations per 1,000 people ages 15-64 compare
- 65 Spain 3.67 new registrations per 1,000 people ages 15-64 compare
- 66 Republic of Korea 3.51 new registrations per 1,000 people ages 15-64 compare
- 67 Netherlands 3.41 new registrations per 1,000 people ages 15-64 compare
More private sector data for Dominica
- Merchandise trade 39.1% (2025)
- Food imports 25.2% (2023)
- Manufactures imports 53.5% (2023)
- Merchandise imports 259.00 million current US$ (2025)
- Food exports 41.2% (2023)
- Manufactures exports 57.8% (2023)
- Merchandise exports 24.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 364.35 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0332 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -17.24 % change on previous year (2025)
Frequently asked questions
- What is new business density in Dominica?
- New business density in Dominica was 3.73 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 Dominica?
- The highest recorded value was 3.85 new registrations per 1,000 people ages 15-64 in 2008.
- What is the lowest new business density recorded in Dominica?
- The lowest recorded value was 2.19 new registrations per 1,000 people ages 15-64 in 2013.
- How does Dominica rank for new business density?
- Dominica ranks 64th out of 177 countries with data for 2024.
- Is new business density rising or falling in Dominica?
- Over the last ten years it is up 19.5%. The long-run trend across the full record is flat.
- Where does this Dominica 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.