New businesses registered in Grenada

Grenada: New businesses registered was 217 number in 2020. ▲ Rising

Latest (2020)
217 number
Change on year
down 15.6%
World rank
165th
of 176 countries
All-time high
273 number
in 2017
All-time low
120 number
in 2009
Years of data
15
2006–2020

New businesses registered in Grenada, 2006–2020

01002003002006201320202006: 201 number2007: 207 number2008: 186 number2009: 120 number2010: 147 number2011: 136 number2012: 123 number2013: 164 number2014: 175 number2015: 228 number2016: 228 number2017: 273 number2018: 247 number2019: 257 number2020: 217 number

Source: Entrepreneurship Database, World Bank (WB). Measured in number.

Analysis

The most recent figure for new businesses registered in Grenada is 217 number, measured in 2020.

Compared with earlier readings it is down 15.6% on the previous year and up 47.6% over ten years.

Over the whole period, new businesses registered in Grenada peaked at 273 number in 2017 and was at its lowest, 120 number, in 2009.

That places Grenada 165th out of 176 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 178.5 number 120 number 207 number 4
2010s 197.8 number 123 number 273 number 10
2020s 217 number 217 number 217 number 1

Countries ranked near Grenada

  1. 162 Sao Tome and Principe 268 number compare
  2. 163 Central African Republic 258 number compare
  3. 163 Vanuatu 258 number compare
  4. 166 Somalia 195 number compare
  5. 167 Dominica 171 number compare
  6. 168 Liberia 167 number compare

See the full ranking of 176 places →

More private sector data for Grenada

All data for Grenada →

Frequently asked questions

What is new businesses registered in Grenada?
New businesses registered in Grenada was 217 number in 2020, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Grenada?
The highest recorded value was 273 number in 2017.
What is the lowest new businesses registered recorded in Grenada?
The lowest recorded value was 120 number in 2009.
How does Grenada rank for new businesses registered?
Grenada ranks 165th out of 176 countries with data for 2020.
Is new businesses registered rising or falling in Grenada?
Over the last ten years it is up 47.6%. The long-run trend across the full record is rising.
Where does this Grenada 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

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.