057.Firm Entry Rate in Dominican Republic

Dominican Republic: 057.Firm Entry Rate was 0.4393 in 2014. ▲ Rising

Latest (2014)
0.4393
Change on year
down 9.2%
World rank
10th
of 52 countries
All-time high
0.5429
in 2012
All-time low
0.3605
in 2008
Years of data
11
2003–2014

057.Firm Entry Rate in Dominican Republic, 2003–2014

00.20.40.62003200820142003: 0.4572004: 0.412005: 0.4152007: 0.5212008: 0.3612009: 0.4062010: 0.3882011: 0.4842012: 0.5432013: 0.4842014: 0.439

Source: World Bank.

Analysis

The most recent figure for 057.firm entry rate in Dominican Republic is 0.4393, measured in 2014.

That represents a change of down 9.2% on the previous year and up 7.2% over ten years.

Over the whole period, 057.firm entry rate in Dominican Republic peaked at 0.5429 in 2012 and was at its lowest, 0.3605, in 2008.

Dominican Republic ranks 10th of 52 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 11 years of available data.

057.Firm Entry Rate in Dominican Republic, year by year

Annual values for 057.Firm Entry Rate in Dominican Republic, 2003 to 2014.
Year Value Change
2003 0.4572
2004 0.4096 -10.4%
2005 0.4146 +1.2%
2007 0.5212 +25.7%
2008 0.3605 -30.8%
2009 0.406 +12.6%
2010 0.3881 -4.4%
2011 0.4844 +24.8%
2012 0.5429 +12.1%
2013 0.4839 -10.9%
2014 0.4393 -9.2%

Dominican Republic compared with similar countries

  • Dominican Republic's 0.4393 is above the median for upper middle income countries, which is 0.3273, 1.3× the median. (18 countries reporting)
  • Dominican Republic's 0.4393 is above the median for Latin America & Caribbean, which is 0.3206, 1.4× the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4282 0.3605 0.5212 6
2010s 0.4677 0.3881 0.5429 5

Countries ranked near Dominican Republic

  1. 7 Zambia 0.4988 compare
  2. 8 Kyrgyzstan 0.4631 compare
  3. 9 Spain 0.4395 compare
  4. 11 Burkina Faso 0.4378 compare
  5. 12 Costa Rica 0.402 compare
  6. 13 Portugal 0.3968 compare

See the full ranking of 52 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is 057.firm entry rate in Dominican Republic?
057.firm entry rate in Dominican Republic was 0.4393 in 2014, according to the World Bank.
What is the highest 057.firm entry rate recorded in Dominican Republic?
The highest recorded value was 0.5429 in 2012.
What is the lowest 057.firm entry rate recorded in Dominican Republic?
The lowest recorded value was 0.3605 in 2008.
How does Dominican Republic rank for 057.firm entry rate?
Dominican Republic ranks 10th out of 52 countries with data for 2014.
Is 057.firm entry rate rising or falling in Dominican Republic?
Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
Where does this Dominican Republic data come from?
The figures come from the World Bank, published as part of 057.Firm Entry Rate. Statizoid updates them automatically from the source API.

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About this data

Indicator
057.Firm Entry Rate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 498 data points, 1998–2014
Last refreshed

Exporter-level information on export transactions - Customs