Africa Eastern and Southern vs Iceland: New business density
Africa Eastern and Southern
2.42 new registrations per 1,000 people ages 15-64
in 2024
Iceland
10.86 new registrations per 1,000 people ages 15-64
in 2024
Africa Eastern and Southern rank
25th
Iceland rank
23rd
New business density over time
- Africa Eastern and Southern
- Iceland
How they compare
Iceland currently reports 10.86 new registrations per 1,000 people ages 15-64 against 2.42 new registrations per 1,000 people ages 15-64 in Africa Eastern and Southern, a difference of 8.44 new registrations per 1,000 people ages 15-64.
That makes Iceland's figure about 4.5 times Africa Eastern and Southern's.
Across all 12 years both countries report, Iceland has been ahead every year.
Africa Eastern and Southern ranks 25th and Iceland ranks 23rd of 45 groups.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Africa Eastern and Southern | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.8 new registrations per 1,000 people ages 15-64 | 10.29 new registrations per 1,000 people ages 15-64 | 8.48 new registrations per 1,000 people ages 15-64 | Iceland |
| 2020s | 2.26 new registrations per 1,000 people ages 15-64 | 11.59 new registrations per 1,000 people ages 15-64 | 9.33 new registrations per 1,000 people ages 15-64 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Africa Eastern and Southern or Iceland?
- Iceland, at 10.86 new registrations per 1,000 people ages 15-64 against 2.42 new registrations per 1,000 people ages 15-64 in Africa Eastern and Southern as of 2024.
- What is the difference in new business density between Africa Eastern and Southern and Iceland?
- 8.44 new registrations per 1,000 people ages 15-64, with Iceland ahead.
- How many years of comparable data are there for Africa Eastern and Southern and Iceland?
- 12 years are reported by both, from 2013 to 2024.
- How do Africa Eastern and Southern and Iceland rank globally for new business density?
- Africa Eastern and Southern ranks 25th and Iceland ranks 23rd of 45 groups.
- Where does this data come from?
- Entrepreneurship Database, World Bank (WB), published as New business density (new registrations per 1,000 people ages 15-64). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.