New businesses registered in Barbados
Barbados: New businesses registered was 1,517 number in 2024. ▲ Rising
New businesses registered in Barbados, 2015–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Barbados is 1,517 number, measured in 2024. That is the highest value across all 10 years on record.
The figure is up 4.7% on the previous year and up 37.3% over ten years.
Over the whole period, new businesses registered in Barbados peaked at 1,517 number in 2024 and was at its lowest, 859 number, in 2018.
That places Barbados 144th out of 176 countries with data for 2024, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 980.8 number | 859 number | 1,105 number | 5 |
| 2020s | 1,185 number | 934 number | 1,517 number | 5 |
Countries ranked near Barbados
More private sector data for Barbados
- Merchandise exports 428.00 million current US$ (2025)
- Manufactures exports 39.9% (2024)
- Food exports 43.5% (2024)
- Merchandise imports 2.23 billion current US$ (2025)
- Manufactures imports 52.6% (2024)
- Food imports 22.7% (2024)
- Merchandise trade 33.1% (2025)
- Commercial service exports 1.50 billion current US$ (2017)
- Transport services 16.1% (2017)
- Computer, communications and other services 69.8% (2017)
Frequently asked questions
- What is new businesses registered in Barbados?
- New businesses registered in Barbados was 1,517 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Barbados?
- The highest recorded value was 1,517 number in 2024.
- What is the lowest new businesses registered recorded in Barbados?
- The lowest recorded value was 859 number in 2018.
- How does Barbados rank for new businesses registered?
- Barbados ranks 144th out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Barbados?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
- Where does this Barbados 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 — 10 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.