New business density in Pacific island small states
Pacific island small states: New business density was 1.51 new registrations per 1,000 people ages 15-64 in 2018. ◆ Volatile
New business density in Pacific island small states, 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 Pacific island small states stood at 1.51 new registrations per 1,000 people ages 15-64.
That represents a change of up 4.2% on the previous year and up 326.8% over ten years.
Over the whole period, new business density in Pacific island small states peaked at 9.55 new registrations per 1,000 people ages 15-64 in 2006 and was at its lowest, 0.354 new registrations per 1,000 people ages 15-64, in 2008.
Pacific island small states ranks 29th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
New business density in Pacific island small states, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 9.55 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.4077 new registrations per 1,000 people ages 15-64 | -95.7% |
| 2008 | 0.354 new registrations per 1,000 people ages 15-64 | -13.2% |
| 2009 | 0.6178 new registrations per 1,000 people ages 15-64 | +74.5% |
| 2010 | 0.8258 new registrations per 1,000 people ages 15-64 | +33.7% |
| 2011 | 0.7837 new registrations per 1,000 people ages 15-64 | -5.1% |
| 2012 | 0.7484 new registrations per 1,000 people ages 15-64 | -4.5% |
| 2013 | 0.8862 new registrations per 1,000 people ages 15-64 | +18.4% |
| 2014 | 0.9741 new registrations per 1,000 people ages 15-64 | +9.9% |
| 2015 | 1.08 new registrations per 1,000 people ages 15-64 | +10.6% |
| 2016 | 1.28 new registrations per 1,000 people ages 15-64 | +18.8% |
| 2017 | 1.45 new registrations per 1,000 people ages 15-64 | +13.3% |
| 2018 | 1.51 new registrations per 1,000 people ages 15-64 | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.73 new registrations per 1,000 people ages 15-64 | 0.354 new registrations per 1,000 people ages 15-64 | 9.55 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 1.06 new registrations per 1,000 people ages 15-64 | 0.7484 new registrations per 1,000 people ages 15-64 | 1.51 new registrations per 1,000 people ages 15-64 | 9 |
Countries ranked near Pacific island small states
- 26 Malta 8.47 new registrations per 1,000 people ages 15-64 compare
- 27 Kosovo 8.35 new registrations per 1,000 people ages 15-64 compare
- 27 Kosovo (UNSCR 1244) 8.35 new registrations per 1,000 people ages 15-64 compare
- 29 Norway 8.32 new registrations per 1,000 people ages 15-64 compare
- 30 Côte d'Ivoire 8.28 new registrations per 1,000 people ages 15-64 compare
- 31 Mongolia 8.26 new registrations per 1,000 people ages 15-64 compare
- 32 Barbados 8.11 new registrations per 1,000 people ages 15-64
More private sector data for Pacific island small states
- Merchandise trade 66.2% (2025)
- Food imports 23.7% (2021)
- Manufactures imports 58.1% (2021)
- Merchandise imports 6.45 billion current US$ (2025)
- Food exports 47.5% (2018)
- Manufactures exports 16.2% (2018)
- Merchandise exports 2.15 billion current US$ (2025)
- Merchandise exports (current US$), per capita 781.41 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1656 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.56 % change on previous year (2025)
Frequently asked questions
- What is new business density in Pacific island small states?
- New business density in Pacific island small states was 1.51 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 Pacific island small states?
- The highest recorded value was 9.55 new registrations per 1,000 people ages 15-64 in 2006.
- What is the lowest new business density recorded in Pacific island small states?
- The lowest recorded value was 0.354 new registrations per 1,000 people ages 15-64 in 2008.
- How does Pacific island small states rank for new business density?
- Pacific island small states ranks 29th out of 45 groups with data for 2018.
- Is new business density rising or falling in Pacific island small states?
- Over the last ten years it is up 326.8%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states 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.