New businesses registered (number) in Trinidad and Tobago
Trinidad and Tobago: New businesses registered (number) was 4,344 number in 2020. ▲ Rising
New businesses registered in Trinidad and Tobago, 2006–2020
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Trinidad and Tobago is 4,344 number, measured in 2020.
The figure is down 3.7% on the previous year and up 28.8% over ten years.
Over the whole period, new businesses registered in Trinidad and Tobago peaked at 5,165 number in 2015 and was at its lowest, 2,693 number, in 2009.
That places Trinidad and Tobago 118th out of 177 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
New businesses registered (number) in Trinidad and Tobago, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 3,421 number | — |
| 2007 | 3,520 number | +2.9% |
| 2008 | 3,470 number | -1.4% |
| 2009 | 2,693 number | -22.4% |
| 2010 | 3,372 number | +25.2% |
| 2011 | 3,825 number | +13.4% |
| 2012 | 3,446 number | -9.9% |
| 2013 | 4,334 number | +25.8% |
| 2014 | 4,682 number | +8.0% |
| 2015 | 5,165 number | +10.3% |
| 2016 | 4,341 number | -16.0% |
| 2017 | 3,877 number | -10.7% |
| 2018 | 4,115 number | +6.1% |
| 2019 | 4,511 number | +9.6% |
| 2020 | 4,344 number | -3.7% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 4,344 number is below the median for high income countries, which is 19,050 number, 23% of the median. (63 countries reporting)
- Trinidad and Tobago's 4,344 number is below the median for Latin America & Caribbean, which is 5,128 number, 85% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,276 number | 2,693 number | 3,520 number | 4 |
| 2010s | 4,167 number | 3,372 number | 5,165 number | 10 |
| 2020s | 4,344 number | 4,344 number | 4,344 number | 1 |
Countries ranked near Trinidad and Tobago
More private sector data for Trinidad and Tobago
- Merchandise trade 48.6% (2025)
- Food imports 22.7% (2025)
- Manufactures imports 69.0% (2025)
- Merchandise imports 5.80 billion current US$ (2025)
- Commercial service imports 2.71 billion current US$ (2025)
- Food exports 7.9% (2025)
- Manufactures exports 58.5% (2025)
- Merchandise exports 6.82 billion current US$ (2025)
- Commercial service exports 1.25 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,983 current US$ per person (2025)
Frequently asked questions
- What is new businesses registered in Trinidad and Tobago?
- New businesses registered in Trinidad and Tobago was 4,344 number in 2020, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Trinidad and Tobago?
- The highest recorded value was 5,165 number in 2015.
- What is the lowest new businesses registered recorded in Trinidad and Tobago?
- The lowest recorded value was 2,693 number in 2009.
- How does Trinidad and Tobago rank for new businesses registered?
- Trinidad and Tobago ranks 118th out of 177 countries with data for 2020.
- Is new businesses registered rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 28.8%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago 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 — 15 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.