Australia vs China: New business density
Australia
18.06 new registrations per 1,000 people ages 15-64
in 2024
China
15.59 new registrations per 1,000 people ages 15-64
in 2024
Australia rank
10th
China rank
13th
New business density over time
- Australia
- China
How they compare
Australia currently reports 18.06 new registrations per 1,000 people ages 15-64 against 15.59 new registrations per 1,000 people ages 15-64 in China, a difference of 2.47 new registrations per 1,000 people ages 15-64.
That makes Australia's figure about 1.2 times China's.
The two have swapped places 4 times across 17 shared years of data; in 2008 it was Australia ahead.
Australia ranks 10th and China ranks 13th of 177 countries.
Across the 3 decades both report, Australia averaged higher in 2 and China in 1.
Head to head by decade
| Decade | Australia | China | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.93 new registrations per 1,000 people ages 15-64 | 4.48 new registrations per 1,000 people ages 15-64 | 5.45 new registrations per 1,000 people ages 15-64 | Australia |
| 2010s | 13.51 new registrations per 1,000 people ages 15-64 | 10.64 new registrations per 1,000 people ages 15-64 | 2.87 new registrations per 1,000 people ages 15-64 | Australia |
| 2020s | 16.58 new registrations per 1,000 people ages 15-64 | 16.95 new registrations per 1,000 people ages 15-64 | 0.3662 new registrations per 1,000 people ages 15-64 | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Australia or China?
- Australia, at 18.06 new registrations per 1,000 people ages 15-64 against 15.59 new registrations per 1,000 people ages 15-64 in China as of 2024.
- What is the difference in new business density between Australia and China?
- 2.47 new registrations per 1,000 people ages 15-64, with Australia ahead.
- How many years of comparable data are there for Australia and China?
- 17 years are reported by both, from 2008 to 2024.
- How do Australia and China rank globally for new business density?
- Australia ranks 10th and China ranks 13th 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.