New business density in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: New business density was 4.66 new registrations per 1,000 people ages 15-64 in 2020. ▲ Rising
New business density in Saint Vincent and the Grenadines, 2006–2020
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
The most recent figure for new business density in Saint Vincent and the Grenadines is 4.66 new registrations per 1,000 people ages 15-64, measured in 2020.
The figure is up 14.5% on the previous year and up 142.7% over ten years.
Over the whole period, new business density in Saint Vincent and the Grenadines peaked at 5.89 new registrations per 1,000 people ages 15-64 in 2018 and was at its lowest, 1.66 new registrations per 1,000 people ages 15-64, in 2016.
That places Saint Vincent and the Grenadines 55th out of 177 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
New business density in Saint Vincent and the Grenadines, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 2.2 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 2.9 new registrations per 1,000 people ages 15-64 | +31.8% |
| 2008 | 2.3 new registrations per 1,000 people ages 15-64 | -20.6% |
| 2009 | 1.81 new registrations per 1,000 people ages 15-64 | -21.6% |
| 2010 | 1.92 new registrations per 1,000 people ages 15-64 | +6.2% |
| 2011 | 1.86 new registrations per 1,000 people ages 15-64 | -3.3% |
| 2012 | 1.76 new registrations per 1,000 people ages 15-64 | -5.0% |
| 2013 | 1.85 new registrations per 1,000 people ages 15-64 | +5.0% |
| 2014 | 1.74 new registrations per 1,000 people ages 15-64 | -5.7% |
| 2015 | 1.67 new registrations per 1,000 people ages 15-64 | -4.5% |
| 2016 | 1.66 new registrations per 1,000 people ages 15-64 | -0.5% |
| 2017 | 2.47 new registrations per 1,000 people ages 15-64 | +49.1% |
| 2018 | 5.89 new registrations per 1,000 people ages 15-64 | +138.1% |
| 2019 | 4.07 new registrations per 1,000 people ages 15-64 | -30.9% |
| 2020 | 4.66 new registrations per 1,000 people ages 15-64 | +14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3 new registrations per 1,000 people ages 15-64 | 1.81 new registrations per 1,000 people ages 15-64 | 2.9 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 2.49 new registrations per 1,000 people ages 15-64 | 1.66 new registrations per 1,000 people ages 15-64 | 5.89 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 4.66 new registrations per 1,000 people ages 15-64 | 4.66 new registrations per 1,000 people ages 15-64 | 4.66 new registrations per 1,000 people ages 15-64 | 1 |
Countries ranked near Saint Vincent and the Grenadines
- 52 Peru 4.9 new registrations per 1,000 people ages 15-64 compare
- 53 Republic of Moldova 4.89 new registrations per 1,000 people ages 15-64 compare
- 54 Maldives 4.85 new registrations per 1,000 people ages 15-64 compare
- 56 Panama 4.52 new registrations per 1,000 people ages 15-64 compare
- 57 Trinidad and Tobago 4.49 new registrations per 1,000 people ages 15-64 compare
- 58 Eswatini 4.39 new registrations per 1,000 people ages 15-64 compare
More private sector data for Saint Vincent and the Grenadines
- Merchandise trade 43.5% (2025)
- Food imports 26.0% (2023)
- Manufactures imports 61.3% (2023)
- Merchandise imports 509.00 million current US$ (2025)
- Food exports 72.5% (2023)
- Manufactures exports 26.6% (2023)
- Merchandise exports 37.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 370.28 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0295 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.09 % change on previous year (2025)
Frequently asked questions
- What is new business density in Saint Vincent and the Grenadines?
- New business density in Saint Vincent and the Grenadines was 4.66 new registrations per 1,000 people ages 15-64 in 2020, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 5.89 new registrations per 1,000 people ages 15-64 in 2018.
- What is the lowest new business density recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 1.66 new registrations per 1,000 people ages 15-64 in 2016.
- How does Saint Vincent and the Grenadines rank for new business density?
- Saint Vincent and the Grenadines ranks 55th out of 177 countries with data for 2020.
- Is new business density rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 142.7%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines 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.