New business density (new registrations per 1,000 people ages 15-64) in Vanuatu
Vanuatu: New business density (new registrations per 1,000 people ages 15-64) was 1.58 new registrations per 1,000 people ages 15-64 in 2018. ◆ Volatile
New business density in Vanuatu, 2006–2018
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 Vanuatu is 1.58 new registrations per 1,000 people ages 15-64, measured in 2018. That is the highest value across all 13 years on record.
The figure is up 50.4% on the previous year and up 216.9% over ten years.
Over the whole period, new business density in Vanuatu peaked at 1.58 new registrations per 1,000 people ages 15-64 in 2018 and was at its lowest, 0.1691 new registrations per 1,000 people ages 15-64, in 2009.
That places Vanuatu 108th out of 177 countries with data for 2018, putting it 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 (new registrations per 1,000 people ages 15-64) in Vanuatu, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.4273 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.5623 new registrations per 1,000 people ages 15-64 | +31.6% |
| 2008 | 0.4998 new registrations per 1,000 people ages 15-64 | -11.1% |
| 2009 | 0.1691 new registrations per 1,000 people ages 15-64 | -66.2% |
| 2010 | 0.6236 new registrations per 1,000 people ages 15-64 | +268.8% |
| 2011 | 0.5193 new registrations per 1,000 people ages 15-64 | -16.7% |
| 2012 | 0.4814 new registrations per 1,000 people ages 15-64 | -7.3% |
| 2013 | 0.3644 new registrations per 1,000 people ages 15-64 | -24.3% |
| 2014 | 0.5832 new registrations per 1,000 people ages 15-64 | +60.0% |
| 2015 | 0.5402 new registrations per 1,000 people ages 15-64 | -7.4% |
| 2016 | 0.8309 new registrations per 1,000 people ages 15-64 | +53.8% |
| 2017 | 1.05 new registrations per 1,000 people ages 15-64 | +26.7% |
| 2018 | 1.58 new registrations per 1,000 people ages 15-64 | +50.4% |
Vanuatu compared with similar countries
- Vanuatu's 1.58 new registrations per 1,000 people ages 15-64 is above the median for lower middle income countries, which is 1.07 new registrations per 1,000 people ages 15-64, 1.5× the median. (42 countries reporting)
- Vanuatu's 1.58 new registrations per 1,000 people ages 15-64 is below the median for East Asia & Pacific, which is 1.67 new registrations per 1,000 people ages 15-64, 95% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4146 new registrations per 1,000 people ages 15-64 | 0.1691 new registrations per 1,000 people ages 15-64 | 0.5623 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.7311 new registrations per 1,000 people ages 15-64 | 0.3644 new registrations per 1,000 people ages 15-64 | 1.58 new registrations per 1,000 people ages 15-64 | 9 |
Countries ranked near Vanuatu
- 105 Ukraine 1.65 new registrations per 1,000 people ages 15-64 compare
- 106 Bosnia and Herzegovina 1.64 new registrations per 1,000 people ages 15-64 compare
- 107 Ecuador 1.59 new registrations per 1,000 people ages 15-64 compare
- 109 Gabon 1.57 new registrations per 1,000 people ages 15-64 compare
- 110 Laos 1.57 new registrations per 1,000 people ages 15-64 compare
- 111 Angola 1.55 new registrations per 1,000 people ages 15-64 compare
More private sector data for Vanuatu
- Merchandise trade 43.8% (2025)
- Food imports 25.0% (2011)
- Manufactures imports 52.3% (2011)
- Merchandise imports 515.00 million current US$ (2025)
- Commercial service imports 225.06 million current US$ (2022)
- Food exports 85.3% (2011)
- Manufactures exports 8.2% (2011)
- Merchandise exports 78.00 million current US$ (2025)
- Commercial service exports 74.02 million current US$ (2022)
- Merchandise exports (current US$), per capita 232.72 current US$ per person (2025)
Frequently asked questions
- What is new business density in Vanuatu?
- New business density in Vanuatu was 1.58 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 Vanuatu?
- The highest recorded value was 1.58 new registrations per 1,000 people ages 15-64 in 2018.
- What is the lowest new business density recorded in Vanuatu?
- The lowest recorded value was 0.1691 new registrations per 1,000 people ages 15-64 in 2009.
- How does Vanuatu rank for new business density?
- Vanuatu ranks 108th out of 177 countries with data for 2018.
- Is new business density rising or falling in Vanuatu?
- Over the last ten years it is up 216.9%. The long-run trend across the full record is volatile.
- Where does this Vanuatu 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.