New businesses registered (number) in Saint Lucia
Saint Lucia: New businesses registered (number) was 139 number in 2024. ▼ Falling
New businesses registered in Saint Lucia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Saint Lucia is 139 number, measured in 2024. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 62.5% on the previous year and down 56.4% over ten years.
Over the whole period, new businesses registered in Saint Lucia peaked at 595 number in 2009 and was at its lowest, 139 number, in 2024.
Saint Lucia ranks 171st of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
New businesses registered (number) in Saint Lucia, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 487 number | — |
| 2007 | 585 number | +20.1% |
| 2008 | 586 number | +0.2% |
| 2009 | 595 number | +1.5% |
| 2010 | 402 number | -32.4% |
| 2011 | 379 number | -5.7% |
| 2012 | 408 number | +7.7% |
| 2013 | 245 number | -40.0% |
| 2014 | 319 number | +30.2% |
| 2015 | 336 number | +5.3% |
| 2016 | 320 number | -4.8% |
| 2017 | 322 number | +0.6% |
| 2018 | 574 number | +78.3% |
| 2019 | 326 number | -43.2% |
| 2020 | 255 number | -21.8% |
| 2021 | 300 number | +17.6% |
| 2022 | 328 number | +9.3% |
| 2023 | 371 number | +13.1% |
| 2024 | 139 number | -62.5% |
Saint Lucia compared with similar countries
- Saint Lucia's 139 number is below the median for upper middle income countries, which is 8,806 number, 2% of the median. (52 countries reporting)
- Saint Lucia's 139 number is below the median for Latin America & Caribbean, which is 5,128 number, 3% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 563.25 number | 487 number | 595 number | 4 |
| 2010s | 363.1 number | 245 number | 574 number | 10 |
| 2020s | 278.6 number | 139 number | 371 number | 5 |
Countries ranked near Saint Lucia
More private sector data for Saint Lucia
- Merchandise trade 41.2% (2025)
- Food imports 27.6% (2020)
- Manufactures imports 57.0% (2020)
- Merchandise imports 1.01 billion current US$ (2025)
- Food exports 41.6% (2020)
- Manufactures exports 45.9% (2020)
- Merchandise exports 85.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 471.83 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.032 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -7.61 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Saint Lucia?
- New businesses registered in Saint Lucia was 139 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Saint Lucia?
- The highest recorded value was 595 number in 2009.
- What is the lowest new businesses registered recorded in Saint Lucia?
- The lowest recorded value was 139 number in 2024.
- How does Saint Lucia rank for new businesses registered?
- Saint Lucia ranks 171st out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Saint Lucia?
- Over the last ten years it is down 56.4%. The long-run trend across the full record is falling.
- Where does this Saint Lucia 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.