New businesses registered (number) in Solomon Islands
Solomon Islands: New businesses registered (number) was 444 number in 2018. ◆ Volatile
New businesses registered in Solomon Islands, 2006–2018
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Solomon Islands is 444 number, measured in 2018. That is the highest value across all 13 years on record.
The figure is up 33.3% on the previous year and up 886.7% over ten years.
Over the whole period, new businesses registered in Solomon Islands peaked at 444 number in 2018 and was at its lowest, 36 number, in 2006.
That places Solomon Islands 156th out of 177 countries with data for 2018, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New businesses registered (number) in Solomon Islands, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 36 number | — |
| 2007 | 47 number | +30.6% |
| 2008 | 45 number | -4.3% |
| 2009 | 38 number | -15.6% |
| 2010 | 85 number | +123.7% |
| 2011 | 97 number | +14.1% |
| 2012 | 109 number | +12.4% |
| 2013 | 115 number | +5.5% |
| 2014 | 137 number | +19.1% |
| 2015 | 187 number | +36.5% |
| 2016 | 199 number | +6.4% |
| 2017 | 333 number | +67.3% |
| 2018 | 444 number | +33.3% |
Solomon Islands compared with similar countries
- Solomon Islands's 444 number is below the median for lower middle income countries, which is 5,646 number, 8% of the median. (42 countries reporting)
- Solomon Islands's 444 number is below the median for East Asia & Pacific, which is 16,144 number, 3% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.5 number | 36 number | 47 number | 4 |
| 2010s | 189.56 number | 85 number | 444 number | 9 |
Countries ranked near Solomon Islands
More private sector data for Solomon Islands
- Merchandise trade 83.8% (2025)
- Food imports 22.2% (2018)
- Manufactures imports 59.9% (2018)
- Merchandise imports 790.00 million current US$ (2025)
- Food exports 20.1% (2018)
- Manufactures exports 2.2% (2018)
- Merchandise exports 677.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 807.25 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.387 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 33.53 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Solomon Islands?
- New businesses registered in Solomon Islands was 444 number in 2018, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Solomon Islands?
- The highest recorded value was 444 number in 2018.
- What is the lowest new businesses registered recorded in Solomon Islands?
- The lowest recorded value was 36 number in 2006.
- How does Solomon Islands rank for new businesses registered?
- Solomon Islands ranks 156th out of 177 countries with data for 2018.
- Is new businesses registered rising or falling in Solomon Islands?
- Over the last ten years it is up 886.7%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands 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 — 13 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.