New businesses registered in Belize
Belize: New businesses registered was 3,710 number in 2024. ◆ Volatile
New businesses registered in Belize, 2007–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Belize recorded 3,710 number for new businesses registered in 2024. That is the highest value across all 18 years on record.
The figure is up 14.4% on the previous year and up 466.4% over ten years.
Over the whole period, new businesses registered in Belize peaked at 3,710 number in 2024 and was at its lowest, 583 number, in 2009.
That places Belize 125th out of 177 countries with data for 2024, 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 businesses registered in Belize, year by year
| Year | number | Change |
|---|---|---|
| 2007 | 923 number | — |
| 2008 | 801 number | -13.2% |
| 2009 | 583 number | -27.2% |
| 2010 | 604 number | +3.6% |
| 2011 | 1,000 number | +65.6% |
| 2012 | 863 number | -13.7% |
| 2013 | 801 number | -7.2% |
| 2014 | 655 number | -18.2% |
| 2015 | 675 number | +3.1% |
| 2016 | 701 number | +3.9% |
| 2017 | 777 number | +10.8% |
| 2018 | 763 number | -1.8% |
| 2019 | 769 number | +0.8% |
| 2020 | 671 number | -12.7% |
| 2021 | 1,002 number | +49.3% |
| 2022 | 1,123 number | +12.1% |
| 2023 | 3,244 number | +188.9% |
| 2024 | 3,710 number | +14.4% |
Belize compared with similar countries
- Belize's 3,710 number is below the median for upper middle income countries, which is 8,806 number, 42% of the median. (52 countries reporting)
- Belize's 3,710 number is below the median for Latin America & Caribbean, which is 5,128 number, 72% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where New businesses registered in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +188.9% | 1,123 number | 3,244 number |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 769 number | 583 number | 923 number | 3 |
| 2010s | 760.8 number | 604 number | 1,000 number | 10 |
| 2020s | 1,950 number | 671 number | 3,710 number | 5 |
Countries ranked near Belize
- 122 Mozambique 3,925 number compare
- 123 Bolivia 3,712 number compare
- 123 Sierra Leone 3,712 number compare
- 126 Slovenia 3,545 number compare
- 127 Eswatini 3,405 number compare
- 128 Bosnia and Herzegovina 3,369 number compare
More private sector data for Belize
- Merchandise trade 56.4% (2025)
- Food imports 19.3% (2025)
- Manufactures imports 64.2% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,050 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1335 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -7.88 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Belize?
- New businesses registered in Belize was 3,710 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Belize?
- The highest recorded value was 3,710 number in 2024.
- What is the lowest new businesses registered recorded in Belize?
- The lowest recorded value was 583 number in 2009.
- How does Belize rank for new businesses registered?
- Belize ranks 125th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Belize?
- Over the last ten years it is up 466.4%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.