New businesses registered (number) in United States Virgin Islands
United States Virgin Islands: New businesses registered (number) was 1,267 number in 2024. ▲ Rising
New businesses registered in United States Virgin Islands, 2019–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
United States Virgin Islands recorded 1,267 number for new businesses registered in 2024.
Compared with earlier readings it is down 15.4% on the previous year and up 10.9% over ten years.
That places United States Virgin Islands 149th out of 177 countries with data for 2024, putting it in the bottom quarter.
New businesses registered (number) in United States Virgin Islands, year by year
| Year | number | Change |
|---|---|---|
| 2019 | 1,142 number | — |
| 2020 | 1,154 number | +1.1% |
| 2021 | 1,604 number | +39.0% |
| 2022 | 1,537 number | -4.2% |
| 2023 | 1,497 number | -2.6% |
| 2024 | 1,267 number | -15.4% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 1,267 number is below the median for high income countries, which is 19,050 number, 7% of the median. (63 countries reporting)
- United States Virgin Islands's 1,267 number is below the median for Latin America & Caribbean, which is 5,128 number, 25% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,142 number | 1,142 number | 1,142 number | 1 |
| 2020s | 1,412 number | 1,154 number | 1,604 number | 5 |
Countries ranked near United States Virgin Islands
- 146 Congo 1,437 number compare
- 147 Chad 1,391 number compare
- 148 Niger 1,371 number compare
- 150 Suriname 1,147 number
- 151 Tajikistan 831 number
- 152 Saint Kitts and Nevis 619 number compare
More private sector data for United States Virgin Islands
- Food imports 11.3% (1978)
- Manufactures imports 24.1% (1978)
- Food exports 0.2% (1978)
- Manufactures exports 8.3% (1978)
- International tourism, number of arrivals 8.61 million (2020)
- International tourism, receipts 686.00 million current US$ (2020)
- New business density 19.96 new registrations per 1,000 people ages 15-64 (2024)
Frequently asked questions
- What is new businesses registered in United States Virgin Islands?
- New businesses registered in United States Virgin Islands was 1,267 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in United States Virgin Islands?
- The highest recorded value was 1,604 number in 2021.
- What is the lowest new businesses registered recorded in United States Virgin Islands?
- The lowest recorded value was 1,142 number in 2019.
- How does United States Virgin Islands rank for new businesses registered?
- United States Virgin Islands ranks 149th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in United States Virgin Islands?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- Where does this United States Virgin 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.
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About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.