Africa Western and Central vs Georgia: New business density
Africa Western and Central
1.44 new registrations per 1,000 people ages 15-64
in 2022
Georgia
7.62 new registrations per 1,000 people ages 15-64
in 2024
Africa Western and Central rank
30th
Georgia rank
33rd
New business density over time
- Africa Western and Central
- Georgia
How they compare
Georgia currently reports 7.62 new registrations per 1,000 people ages 15-64 against 1.44 new registrations per 1,000 people ages 15-64 in Africa Western and Central, a difference of 6.18 new registrations per 1,000 people ages 15-64.
That makes Georgia's figure about 5.3 times Africa Western and Central's.
Across all 17 years both countries report, Georgia has been ahead every year.
Africa Western and Central ranks 30th and Georgia ranks 33rd of 45 groups.
Georgia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Georgia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5118 new registrations per 1,000 people ages 15-64 | 2.94 new registrations per 1,000 people ages 15-64 | 2.43 new registrations per 1,000 people ages 15-64 | Georgia |
| 2010s | 0.7304 new registrations per 1,000 people ages 15-64 | 7.8 new registrations per 1,000 people ages 15-64 | 7.07 new registrations per 1,000 people ages 15-64 | Georgia |
| 2020s | 1.22 new registrations per 1,000 people ages 15-64 | 8.43 new registrations per 1,000 people ages 15-64 | 7.22 new registrations per 1,000 people ages 15-64 | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Africa Western and Central or Georgia?
- Georgia, at 7.62 new registrations per 1,000 people ages 15-64 against 1.44 new registrations per 1,000 people ages 15-64 in Africa Western and Central as of 2024.
- What is the difference in new business density between Africa Western and Central and Georgia?
- 6.18 new registrations per 1,000 people ages 15-64, with Georgia ahead.
- How many years of comparable data are there for Africa Western and Central and Georgia?
- 17 years are reported by both, from 2006 to 2022.
- How do Africa Western and Central and Georgia rank globally for new business density?
- Africa Western and Central ranks 30th and Georgia ranks 33rd 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.