New businesses registered in Belize: 3,710 in 2024, ranking 112th of 155 countries. In 2010 it was 604.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks new businesses registered in Belize for each year from 2010 to 2024, 15 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in number. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2024 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2024, Belize's new businesses registered rose from 604 to 3,710, a change of 514.2% (about 13.8% a year on average).
- The highest value in this period was 3,710 in 2024; the lowest was 604 in 2010.
- Recently, the figure has risen in each of the last two years (2023: 3,244; 2024: 3,710).
- Belize has the 112th-highest value of 155 countries with recent data.
- In Central America, Belize has the 6th-highest value of 7 countries with recent data; the highest is Mexico (83,950), and the typical (median) value is 11,909.
Analysis
Averaged over periods, the figure was 785 in 2010 to 2014, 737 in 2015 to 2019 and 1,950 in 2020 onwards. The value went up in 9 of the 14 year-to-year steps and down in 5. The biggest one-year rise came in 2023 (+2,121, or 188.9%). The biggest one-year fall came in 2014 (−146, or 18.2%). Across the period the values varied by about 83% around their average (1,157), a large amount of change.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Central America, where the typical value is 11,909, Belize is 69% lower than the regional median.
Related figures
- New businesses registered (number) by country, 2024: 979,211 (highest: Brazil). The number of new limited liability companies registered during the year, from the World Bank Entrepreneurship Database.
- New businesses registered in Costa Rica, 2013–2024: 22,333 (New businesses registered, 2024 · 55th of 155). New businesses registered in Costa Rica: 22,333 in 2024, ranking 55th of 155 countries.
- New businesses registered in Guatemala, 2010–2024: 11,909 (New businesses registered, 2024 · 78th of 155). New businesses registered in Guatemala: 11,909 in 2024, ranking 78th of 155 countries.
About this statistic
The number of new limited liability companies registered during the year, from the World Bank Entrepreneurship Database. Sole traders and informal businesses are not counted. A sign of how many people are starting formal companies. Registration rules differ, so compare trends more than levels.
How easy it is to register and run a company, and how many new firms appear, is a direct signal of entrepreneurial activity and competition. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the new businesses registered in Belize?
3,710 (New businesses registered, 2024 · 112th of 155). New businesses registered in Belize: 3,710 in 2024, ranking 112th of 155 countries. In 2010 it was 604.
How has new businesses registered in Belize changed since 2010?
Between 2010 and 2024, Belize's new businesses registered rose from 604 to 3,710, a change of 514.2% (about 13.8% a year on average). The highest value in this period was 3,710 in 2024; the lowest was 604 in 2010.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2024. The number of new limited liability companies registered during the year, from the World Bank Entrepreneurship Database. Sole traders and informal businesses are not counted. A sign of how many people are starting formal companies. Registration rules differ, so compare trends more than levels.
Data
| Year | New businesses registered (number) |
|---|---|
| 2010 | 604 |
| 2011 | 1,000 |
| 2012 | 863 |
| 2013 | 801 |
| 2014 | 655 |
| 2015 | 675 |
| 2016 | 701 |
| 2017 | 777 |
| 2018 | 763 |
| 2019 | 769 |
| 2020 | 671 |
| 2021 | 1,002 |
| 2022 | 1,123 |
| 2023 | 3,244 |
| 2024 | 3,710 |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Belize.
The number of new limited liability companies registered during the year, from the World Bank Entrepreneurship Database. Sole traders and informal businesses are not counted. A sign of how many people are starting formal companies. Registration rules differ, so compare trends more than levels.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- New businesses registered (number) by country, 2024
- New businesses registered in Costa Rica, 2013–2024
- New businesses registered in Guatemala, 2010–2024
- New businesses registered in Honduras, 2010–2024
- New businesses registered in Mexico, 2010–2024
- GDP of Belize, 2010–2025
- Economic growth (GDP growth) in Belize, 2010–2025
- GDP per person in Belize, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Belize, 2010–2024
All Belize data: economy, people, jobs and digital in one place
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Last reviewed November 9, 2026. Startup costs are estimates; check local prices, licensing and tax rules before you commit money.
