Armenia vs Spain: New business density
Armenia
4.12 new registrations per 1,000 people ages 15-64
in 2024
Spain
3.67 new registrations per 1,000 people ages 15-64
in 2024
Armenia rank
62nd
Spain rank
65th
New business density over time
- Armenia
- Spain
How they compare
Armenia currently reports 4.12 new registrations per 1,000 people ages 15-64 against 3.67 new registrations per 1,000 people ages 15-64 in Spain, a difference of 0.45 new registrations per 1,000 people ages 15-64.
That makes Armenia's figure about 1.1 times Spain's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was Spain ahead.
Armenia ranks 62nd and Spain ranks 65th of 177 countries.
Across the 3 decades both report, Armenia averaged higher in 1 and Spain in 2.
Head to head by decade
| Decade | Armenia | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.36 new registrations per 1,000 people ages 15-64 | 3.79 new registrations per 1,000 people ages 15-64 | 2.43 new registrations per 1,000 people ages 15-64 | Spain |
| 2010s | 1.9 new registrations per 1,000 people ages 15-64 | 2.95 new registrations per 1,000 people ages 15-64 | 1.04 new registrations per 1,000 people ages 15-64 | Spain |
| 2020s | 4.26 new registrations per 1,000 people ages 15-64 | 3.19 new registrations per 1,000 people ages 15-64 | 1.07 new registrations per 1,000 people ages 15-64 | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Armenia or Spain?
- Armenia, at 4.12 new registrations per 1,000 people ages 15-64 against 3.67 new registrations per 1,000 people ages 15-64 in Spain as of 2024.
- What is the difference in new business density between Armenia and Spain?
- 0.45 new registrations per 1,000 people ages 15-64, with Armenia ahead.
- How many years of comparable data are there for Armenia and Spain?
- 19 years are reported by both, from 2006 to 2024.
- How do Armenia and Spain rank globally for new business density?
- Armenia ranks 62nd and Spain ranks 65th of 177 countries.
- 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.