Barbados BB: Firms Formally Registered When Operations Started: % of Firms

2010 - 2023 | Yearly | % | World Bank

Barbados BB: Firms Formally Registered When Operations Started: % of Firms data was reported at 79.200 % in 2023. This records a decrease from the previous number of 82.800 % for 2010. Barbados BB: Firms Formally Registered When Operations Started: % of Firms data is updated yearly, averaging 81.000 % from Dec 2010 (Median) to 2023, with 2 observations. The data reached an all-time high of 82.800 % in 2010 and a record low of 79.200 % in 2023. Barbados BB: Firms Formally Registered When Operations Started: % of Firms data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Company Statistics. Firms formally registered when operations started are the percentage of firms formally registered when they started operations in the country.;World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).;Unweighted average;

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What was Barbados's Barbados BB: Firms Formally Registered When Operations Started: % of Firms in 2023?

Last	Previous	Min	Max	Unit	Frequency	Range
79.200 2023	82.800 2010	79.200 2023	82.800 2010	%	yearly	2010 - 2023

Related Indicators for Barbados BB: Firms Formally Registered When Operations Started: % of Firms

Related indicators	Last	Frequency	Range
Barbados BB: Firms Formally Registered When Operations Started: % of Firms (%)	79.200 2023	yearly	2010 - 2023
Barbados BB: Firms Competing Against Unregistered Firms: % of Firms (%)	52.700 2023	yearly	2010 - 2023
Barbados BB: Firm with Female Top Manager: % of Firms (%)	16.900 2023	yearly	2010 - 2023
Barbados BB: Procedures to Build a Warehouse (Number)	9.000 2019	yearly	2011 - 2019
Barbados BB: Total Tax Rate: % of Profit (%)	35.600 2019	yearly	2011 - 2019
Barbados BB: Number of Visits or Required Meetings with Tax Officials: Average f... (NA)	1.800 2023	yearly	2010 - 2023
Barbados BB: Time Required to Get Electricity (Day)	78.000 2019	yearly	2011 - 2019
Barbados BB: Time to Prepare and Pay Taxes (Hour)	241.000 2019	yearly	2011 - 2019
Barbados BB: Time to Resolve Insolvency (Year)	1.800 2019	yearly	2011 - 2019
Barbados BB: Time Required to Start a Business (Day)	16.000 2019	yearly	2011 - 2019
Barbados BB: Time Required to Enforce a Contract (Day)	1,340.000 2019	yearly	2011 - 2019
Barbados BB: Start-Up Procedures to Register a Business (Number)	7.000 2019	yearly	2011 - 2019
Barbados BB: Firms with Female Participation in Ownership: % of Firms (%)	32.600 2023	yearly	2010 - 2023
Barbados BB: Time Required to Register Property (Day)	50.000 2019	yearly	2011 - 2019
Barbados BB: Time Spent Dealing with the Requirements of Government Regulations:... (%)	5.500 2023	yearly	2010 - 2023
Barbados BB: Firms using Banks to Finance Investment: % of Firms (%)	31.400 2023	yearly	2010 - 2023
Barbados BB: Time Required to Build a Warehouse (Day)	377.000 2019	yearly	2011 - 2019
Barbados BB: Average Time to Clear Exports Through Customs (Day)	4.600 2023	yearly	2010 - 2023
Barbados BB: Cost of Business Start-Up Procedures: % of GNI per Capita (%)	7.300 2019	yearly	2011 - 2019
Barbados BB: Cost to Imports: USD per Container (USD)	1,615.000 2014	yearly	2011 - 2014
Barbados BB: Procedures to Register Property (Number)	7.000 2019	yearly	2011 - 2019
Barbados BB: Firms Offering Formal Training: % of Firms (%)	9.000 2023	yearly	2010 - 2023
Barbados BB: Tax Payments (Number)	28.000 2019	yearly	2011 - 2019
Barbados BB: Informal Payments to Public Officials: % of Firms (%)	3.000 2023	yearly	2010 - 2023
Barbados BB: Firms using Banks to Finance Working Capital: % of Firms (%)	21.200 2023	yearly	2010 - 2023
Barbados BB: Bribery Incidence: % of Firms Experiencing at Least One Bribe Payme... (%)	0.000 2023	yearly	2010 - 2023
Barbados BB: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female (%)	7.300 2019	yearly	2011 - 2019
Barbados BB: Cost of Business Start-Up Procedures: % of GNI Per Capita: Male (%)	7.300 2019	yearly	2011 - 2019
Barbados BB: Time Required to Start a Business: Female (Day)	16.000 2019	yearly	2011 - 2019
Barbados BB: Time Required to Start a Business: Male (Day)	16.000 2019	yearly	2011 - 2019
Barbados BB: Start-Up Procedures to Register a Business: Female (Number)	7.000 2019	yearly	2011 - 2019
Barbados BB: Start-Up Procedures to Register a Business: Male (Number)	7.000 2019	yearly	2011 - 2019
Barbados BB: Firms That Spend On R&D: % of Firms (%)	5.400 2023	yearly	2010 - 2023
Barbados BB: Firms Experiencing Losses Due To Theft and Vandalism: % of Firms (%)	8.500 2010	yearly	2010 - 2010
Barbados BB: Firms Visited or Required Meetings with Tax Officials: % of Firms (%)	3.500 2023	yearly	2010 - 2023

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Barbados Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	22,233.861 2027	yearly	1980 - 2027
Forecast: Nominal GDP Per Capita (USD)	26,056.630 2027	yearly	1980 - 2027
Forecast: Real GDP Growth (%)	1.840 2027	yearly	1980 - 2027

Government and Public Finance	Last	Frequency	Range
Forecast: Government Expenditure (BBD bn)	4.732 2030	yearly	1995 - 2030
Forecast: Government Net Debt (BBD bn)	14.552 2030	yearly	1995 - 2030
Forecast: Government Revenue (BBD bn)	4.848 2030	yearly	1995 - 2030

Demographic and Labour Market	Last	Frequency	Range
Forecast: Population (Person mn)	0.294 2028	yearly	1980 - 2028
Forecast: Unemployment Rate (%)	7.677 2029	yearly	1981 - 2029

Inflation	Last	Frequency	Range
Forecast: Consumer Price Index Growth (%)	2.427 2028	yearly	1980 - 2028

Balance of Payments	Last	Frequency	Range
Forecast: Current Account Balance (USD bn)	-0.445 2029	yearly	1980 - 2029

More Indicators for Barbados

Indicators	Last	Frequency	Range
Barbados BB: Labour Force Participation Rate: Modeled ILO Estimate: Male: % of M... (%)	66.978 2023	yearly	1990 - 2023
Barbados BB: Labour Force Participation Rate: Modeled ILO Estimate: % of Total P... (%)	63.368 2023	yearly	1990 - 2023
Barbados BB: Labour Force: Female: % of Total Labour Force (%)	49.977 2023	yearly	1990 - 2023
Barbados BB: Unemployment: Modeled ILO Estimate: Youth Female: % of Female Labou... (%)	20.060 2023	yearly	1991 - 2023
Barbados BB: Unemployment: Modeled ILO Estimate: Youth Male: % of Male Labour Fo... (%)	28.709 2023	yearly	1991 - 2023
Barbados BB: Unemployment: Modeled ILO Estimate: Youth: % of Total Labour Force ... (%)	24.582 2023	yearly	1991 - 2023
Barbados BB: Unemployment: Modeled ILO Estimate: Female: % of Female Labour Forc... (%)	6.868 2023	yearly	1991 - 2023
Barbados BB: Unemployment: Modeled ILO Estimate: Male: % of Male Labour Force (%)	8.888 2023	yearly	1991 - 2023
Barbados BB: Unemployment: Modeled ILO Estimate: % of Total Labour Force (%)	7.955 2023	yearly	1991 - 2023
Barbados BB: Net Migration (Person)	-80.000 2023	yearly	1960 - 2023
Barbados BB: Refugee Population: by Country or Territory of Origin (Person)	298.000 2023	yearly	1994 - 2023
Barbados BB: International Migrant Stock: Total (Person)	34,475.000 2015	yearly	1960 - 2015
Barbados BB: International Migrant Stock: % of Population (%)	12.130 2015	yearly	1990 - 2015
Barbados BB: Prevalence of Undernourishment: % of Population (%)	3.500 2022	yearly	2001 - 2022
Barbados BB: Adolescent Fertility Rate: Births per 1000 Women Aged 15-19 (Ratio)	45.848 2022	yearly	1960 - 2022
Barbados BB: Mortality Rate: Adult: Female: per 1000 Female Adults (Ratio)	81.857 2022	yearly	1960 - 2022
Barbados BB: Mortality Rate: Adult: Male: per 1000 Male Adults (Ratio)	120.529 2022	yearly	1960 - 2022
Barbados BB: Birth Rate: Crude: per 1000 People (Ratio)	10.783 2022	yearly	1960 - 2022
Barbados BB: Death Rate: Crude: per 1000 People (Ratio)	9.114 2022	yearly	1960 - 2022
Barbados BB: Contraceptive Prevalence: Any Methods: % of Women Aged 15-49 (%)	59.200 2012	yearly	1981 - 2012
Barbados BB: Mortality Rate: Infant: per 1000 Live Births (Ratio)	10.100 2022	yearly	1960 - 2022
Barbados BB: Life Expectancy at Birth: Female (Year)	79.581 2022	yearly	1960 - 2022
Barbados BB: Life Expectancy at Birth: Total (Year)	77.706 2022	yearly	1960 - 2022
Barbados BB: Life Expectancy at Birth: Male (Year)	75.677 2022	yearly	1960 - 2022
Barbados BB: Fertility Rate: Total: Births per Woman (Ratio)	1.634 2022	yearly	1960 - 2022
Barbados BB: Survival To Age 65: Female: % of Cohort (%)	87.201 2022	yearly	1960 - 2022
Barbados BB: Survival To Age 65: Male: % of Cohort (%)	78.850 2022	yearly	1960 - 2022
Barbados BB: Population: as % of Total: Aged 0-14 (%)	17.487 2023	yearly	1960 - 2023
Barbados BB: Population: as % of Total: Aged 15-64 (%)	66.420 2023	yearly	1960 - 2023
Barbados BB: Population: as % of Total: Aged 65 and Above (%)	16.093 2023	yearly	1960 - 2023
Barbados BB: Age Dependency Ratio: % of Working-Age Population (%)	50.558 2023	yearly	1960 - 2023
Barbados BB: Age Dependency Ratio: % of Working-Age Population: Old (%)	24.230 2023	yearly	1960 - 2023
Barbados BB: Age Dependency Ratio: % of Working-Age Population: Young (%)	25.338 2022	yearly	1960 - 2022
Barbados BB: Population: Growth (%)	0.128 2023	yearly	1961 - 2023
Barbados BB: Population: Total (Person)	282,336.000 2023	yearly	1960 - 2023
Barbados BB: Population: as % of Total: Female (%)	52.056 2023	yearly	1960 - 2023
Barbados BB: Rural Population (Person)	193,416.000 2022	yearly	1960 - 2022
Barbados BB: Rural Population Growth (%)	-0.141 2023	yearly	1961 - 2023
Barbados BB: Rural Population: % of Total Population (%)	68.575 2023	yearly	1960 - 2023
Barbados BB: Urban Population Growth (%)	0.329 2023	yearly	1961 - 2023
Barbados BB: Urban Population (Person)	88,617.000 2023	yearly	1960 - 2023
Barbados BB: Urban Population: % of Total Population (%)	31.425 2023	yearly	1960 - 2023
Barbados BB: International Tourism: Receipts (USD mn)	1,071.000 2016	yearly	1995 - 2016
Barbados BB: International Tourism: Receipts: % of Total Exports (%)	44.794 2016	yearly	1995 - 2016
Barbados BB: International Tourism: Receipts: for Passenger Transport Items (USD mn)	33.000 2016	yearly	1995 - 2016
Barbados BB: International Tourism: Expenditures: for Passenger Transport Items (USD mn)	46.000 2016	yearly	1995 - 2016
Barbados BB: International Tourism: Receipts: for Travel Items (USD mn)	1,125.000 2018	yearly	1995 - 2018
Barbados BB: International Tourism: Expenditures: for Travel Items (USD mn)	53.000 2016	yearly	1995 - 2016
Barbados BB: International Tourism: Expenditures (USD mn)	99.000 2016	yearly	1995 - 2016
Barbados BB: International Tourism: Expenditures: % of Total Imports (%)	4.423 2016	yearly	1995 - 2016
Barbados BB: Goods Trade: % of GDP (%)	40.322 2023	yearly	1960 - 2023
Barbados BB: Binding Coverage: Manufactured Products (%)	100.000 2021	yearly	1996 - 2021
Barbados BB: Bound Rate: Simple Mean: Manufactured Products (%)	73.470 2021	yearly	1996 - 2021
Barbados BB: Share of Tariff Lines with International Peaks: Manufactured Produc... (%)	26.704 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Applied: Simple Mean: Manufactured Products (%)	10.490 2022	yearly	1996 - 2022
Barbados BB: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Product... (%)	8.440 2021	yearly	1996 - 2021
Barbados BB: Share of Tariff Lines with Specific Rates: Manufactured Products (%)	0.000 2022	yearly	1996 - 2022
Barbados BB: Tariff Rate: Applied: Weighted Mean: Manufactured Products (%)	8.620 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Produ... (%)	9.990 2021	yearly	1996 - 2021
Barbados BB: Binding Coverage: All Products (%)	95.840 2021	yearly	1996 - 2021
Barbados BB: Bound Rate: Simple Mean: All Products (%)	78.930 2021	yearly	1996 - 2021
Barbados BB: Share of Tariff Lines with International Peaks: All Products (%)	29.066 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Applied: Simple Mean: All Products (%)	9.530 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Most Favored Nation: Simple Mean: All Products (%)	11.910 2021	yearly	1996 - 2021
Barbados BB: Share of Tariff Lines with Specific Rates: All Products (%)	0.000 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products (%)	12.240 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products (%)	15.620 2021	yearly	1996 - 2021
Barbados BB: Binding Coverage: Primary Products (%)	83.780 2022	yearly	1996 - 2022
Barbados BB: Bound Rate: Simple Mean: Primary Products (%)	97.170 2022	yearly	1996 - 2022
Barbados BB: Share of Tariff Lines with International Peaks: Primary Products (%)	43.488 2022	yearly	1996 - 2022
Barbados BB: Tariff Rate: Applied: Simple Mean: Primary Products (%)	18.980 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products (%)	23.650 2022	yearly	1996 - 2022
Barbados BB: Share of Tariff Lines with Specific Rates: Primary Products (%)	0.000 2022	yearly	1996 - 2022
Barbados BB: Tariff Rate: Applied: Weighted Mean: Primary Products (%)	20.180 2021	yearly	1996 - 2021
Barbados BB: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products (%)	27.990 2021	yearly	1996 - 2021
Barbados BB: Imports: % of Goods Imports: Agricultural Raw Materials (%)	0.992 2023	yearly	1967 - 2023
Barbados BB: Imports: % of Goods Imports: Food (%)	22.126 2023	yearly	1967 - 2023
Barbados BB: Imports: % of Goods Imports: Fuel (%)	24.796 2023	yearly	1967 - 2023
Barbados BB: ICT: Goods Imports: % Total Goods Imports (%)	4.851 2020	yearly	2000 - 2020
Barbados BB: Imports: % of Commercial Service Imports: Services: Insurance & Fin... (%)	6.425 2017	yearly	1967 - 2017
Barbados BB: Imports: % of Goods Imports: Manufactures (%)	50.946 2023	yearly	1967 - 2023
Barbados BB: Imports: % of Goods Imports: Ores & Metals (%)	0.645 2023	yearly	1967 - 2023
Barbados BB: Imports: Goods (USD mn)	2,109.000 2023	yearly	1960 - 2023
Barbados BB: Imports: High-Income Economies: % of Total Goods Imports (%)	86.725 2020	yearly	1961 - 2020
Barbados BB: Imports: Low- and Middle-Income Economies: % of Total Goods Imports... (%)	12.921 2020	yearly	1961 - 2020
Barbados BB: Imports: Low- and Middle-Income Economies: % of Total Goods Imports... (%)	3.611 2020	yearly	1967 - 2020
Barbados BB: Imports: Low- and Middle-Income Economies: % of Total Goods Imports... (%)	0.952 2020	yearly	1962 - 2020
Barbados BB: Imports: Low- and Middle-Income Economies: % of Total Goods Imports... (%)	7.350 2020	yearly	1961 - 2020
Barbados BB: Imports: Low- and Middle-Income Economies: % of Total Goods Imports... (%)	0.006 2020	yearly	1970 - 2020
Barbados BB: Imports: Low- and Middle-Income Economies: % of Total Goods Imports... (%)	0.872 2020	yearly	1961 - 2020
Barbados BB: Imports: Low- and Middle-Income Economies: % of Total Goods Imports... (%)	0.130 2020	yearly	1970 - 2020
Barbados BB: Imports: % of Total Goods Imports: Residual (%)	0.354 2020	yearly	1961 - 2020
Barbados BB: Imports: Goods: by Reporting Economy (USD mn)	1,499.450 2020	yearly	1961 - 2020
Barbados BB: Imports: % of Commercial Service Imports: Services: Computer, Commu... (%)	69.828 2017	yearly	1967 - 2017
Barbados BB: Imports: Commercial Service (USD mn)	670.924 2017	yearly	1967 - 2017
Barbados BB: Imports: % of Commercial Service Imports: Services: Transport (%)	16.122 2017	yearly	1967 - 2017
Barbados BB: Imports: % of Commercial Service Imports: Services: Travel (%)	7.625 2017	yearly	1967 - 2017
Barbados BB: Net Barter Terms of Trade Index (2000=100)	112.200 2020	yearly	2000 - 2020
Barbados BB: Exports: % of Goods Exports: Agricultural Raw Materials (%)	0.048 2023	yearly	1967 - 2023
Barbados BB: Exports: % of Goods Exports: Food (%)	46.069 2023	yearly	1967 - 2023

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