Australia vs High income: New business density
Australia
18.06 new registrations per 1,000 people ages 15-64
in 2024
High income
5.21 new registrations per 1,000 people ages 15-64
in 2023
Australia rank
10th
High income rank
11th
New business density over time
- Australia
- High income
How they compare
Australia currently reports 18.06 new registrations per 1,000 people ages 15-64 against 5.21 new registrations per 1,000 people ages 15-64 in High income, a difference of 12.85 new registrations per 1,000 people ages 15-64.
That makes Australia's figure about 3.5 times High income's.
Across all 18 years both countries report, Australia has been ahead every year.
Australia ranks 10th and High income ranks 11th of 177 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | High income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.19 new registrations per 1,000 people ages 15-64 | 3.46 new registrations per 1,000 people ages 15-64 | 6.73 new registrations per 1,000 people ages 15-64 | Australia |
| 2010s | 13.51 new registrations per 1,000 people ages 15-64 | 4.11 new registrations per 1,000 people ages 15-64 | 9.4 new registrations per 1,000 people ages 15-64 | Australia |
| 2020s | 16.21 new registrations per 1,000 people ages 15-64 | 4.97 new registrations per 1,000 people ages 15-64 | 11.24 new registrations per 1,000 people ages 15-64 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Australia or High income?
- Australia, at 18.06 new registrations per 1,000 people ages 15-64 against 5.21 new registrations per 1,000 people ages 15-64 in High income as of 2024.
- What is the difference in new business density between Australia and High income?
- 12.85 new registrations per 1,000 people ages 15-64, with Australia ahead.
- How many years of comparable data are there for Australia and High income?
- 18 years are reported by both, from 2006 to 2023.
- How do Australia and High income rank globally for new business density?
- Australia ranks 10th and High income ranks 11th 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.