New businesses registered (number) in Saint Kitts and Nevis
Saint Kitts and Nevis: New businesses registered (number) was 619 number in 2024. ▲ Rising
New businesses registered in Saint Kitts and Nevis, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Saint Kitts and Nevis is 619 number, measured in 2024.
Compared with earlier readings it is down 34.8% on the previous year and up 176.3% over ten years.
Over the whole period, new businesses registered in Saint Kitts and Nevis peaked at 950 number in 2023 and was at its lowest, 197 number, in 2011.
Saint Kitts and Nevis ranks 152nd of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New businesses registered (number) in Saint Kitts and Nevis, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 398 number | — |
| 2007 | 341 number | -14.3% |
| 2008 | 376 number | +10.3% |
| 2009 | 285 number | -24.2% |
| 2010 | 305 number | +7.0% |
| 2011 | 197 number | -35.4% |
| 2012 | 202 number | +2.5% |
| 2013 | 230 number | +13.9% |
| 2014 | 224 number | -2.6% |
| 2015 | 210 number | -6.2% |
| 2016 | 764 number | +263.8% |
| 2017 | 650 number | -14.9% |
| 2018 | 644 number | -0.9% |
| 2019 | 453 number | -29.7% |
| 2020 | 497 number | +9.7% |
| 2021 | 712 number | +43.3% |
| 2022 | 729 number | +2.4% |
| 2023 | 950 number | +30.3% |
| 2024 | 619 number | -34.8% |
Saint Kitts and Nevis compared with similar countries
- Saint Kitts and Nevis's 619 number is below the median for high income countries, which is 19,050 number, 3% of the median. (63 countries reporting)
- Saint Kitts and Nevis's 619 number is below the median for Latin America & Caribbean, which is 5,128 number, 12% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where New businesses registered (number) in Saint Kitts and Nevis 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 |
|---|---|---|---|
| 2016 | +263.8% | 210 number | 764 number |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 350 number | 285 number | 398 number | 4 |
| 2010s | 387.9 number | 197 number | 764 number | 10 |
| 2020s | 701.4 number | 497 number | 950 number | 5 |
Countries ranked near Saint Kitts and Nevis
- 149 United States Virgin Islands 1,267 number compare
- 150 Suriname 1,147 number compare
- 151 Tajikistan 831 number compare
- 153 Guinea-Bissau 598 number compare
- 154 Palestine 525 number compare
- 155 Djibouti 521 number compare
More private sector data for Saint Kitts and Nevis
- Merchandise trade 37.5% (2025)
- Food imports 25.4% (2017)
- Manufactures imports 71.1% (2017)
- Merchandise imports 410.00 million current US$ (2025)
- Food exports 13.5% (2017)
- Manufactures exports 86.4% (2017)
- Merchandise exports 34.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 724.61 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0287 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.68 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Saint Kitts and Nevis?
- New businesses registered in Saint Kitts and Nevis was 619 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Saint Kitts and Nevis?
- The highest recorded value was 950 number in 2023.
- What is the lowest new businesses registered recorded in Saint Kitts and Nevis?
- The lowest recorded value was 197 number in 2011.
- How does Saint Kitts and Nevis rank for new businesses registered?
- Saint Kitts and Nevis ranks 152nd out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is up 176.3%. The long-run trend across the full record is rising.
- Where does this Saint Kitts and Nevis 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 — 19 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.