New business density in Kiribati
Kiribati: New business density was 0.0268 new registrations per 1,000 people ages 15-64 in 2018. ▼ Falling
New business density in Kiribati, 2006–2018
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2018, new business density in Kiribati stood at 0.0268 new registrations per 1,000 people ages 15-64. That is the lowest value across all 13 years on record.
The figure is down 50.6% on the previous year and down 17.0% over ten years.
Over the whole period, new business density in Kiribati peaked at 0.0738 new registrations per 1,000 people ages 15-64 in 2012 and was at its lowest, 0.0268 new registrations per 1,000 people ages 15-64, in 2018.
Kiribati ranks 176th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
New business density in Kiribati, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.0679 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.0497 new registrations per 1,000 people ages 15-64 | -26.9% |
| 2008 | 0.0323 new registrations per 1,000 people ages 15-64 | -35.0% |
| 2009 | 0.0473 new registrations per 1,000 people ages 15-64 | +46.4% |
| 2010 | 0.0615 new registrations per 1,000 people ages 15-64 | +30.2% |
| 2011 | 0.0452 new registrations per 1,000 people ages 15-64 | -26.6% |
| 2012 | 0.0738 new registrations per 1,000 people ages 15-64 | +63.4% |
| 2013 | 0.029 new registrations per 1,000 people ages 15-64 | -60.7% |
| 2014 | 0.0285 new registrations per 1,000 people ages 15-64 | -1.7% |
| 2015 | 0.042 new registrations per 1,000 people ages 15-64 | +47.6% |
| 2016 | 0.0551 new registrations per 1,000 people ages 15-64 | +31.3% |
| 2017 | 0.0543 new registrations per 1,000 people ages 15-64 | -1.4% |
| 2018 | 0.0268 new registrations per 1,000 people ages 15-64 | -50.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0493 new registrations per 1,000 people ages 15-64 | 0.0323 new registrations per 1,000 people ages 15-64 | 0.0679 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.0462 new registrations per 1,000 people ages 15-64 | 0.0268 new registrations per 1,000 people ages 15-64 | 0.0738 new registrations per 1,000 people ages 15-64 | 9 |
Countries ranked near Kiribati
More private sector data for Kiribati
- Merchandise trade 147.8% (2025)
- Food imports 41.4% (2021)
- Manufactures imports 43.0% (2021)
- Merchandise imports 496.00 million current US$ (2025)
- Food exports 97.2% (2021)
- Manufactures exports 2.1% (2021)
- Merchandise exports 20.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 146.53 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0573 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -16.67 % change on previous year (2025)
Frequently asked questions
- What is new business density in Kiribati?
- New business density in Kiribati was 0.0268 new registrations per 1,000 people ages 15-64 in 2018, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Kiribati?
- The highest recorded value was 0.0738 new registrations per 1,000 people ages 15-64 in 2012.
- What is the lowest new business density recorded in Kiribati?
- The lowest recorded value was 0.0268 new registrations per 1,000 people ages 15-64 in 2018.
- How does Kiribati rank for new business density?
- Kiribati ranks 176th out of 177 countries with data for 2018.
- Is new business density rising or falling in Kiribati?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is falling.
- Where does this Kiribati 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.