Australia vs Montenegro: New business density
Australia
18.06 new registrations per 1,000 people ages 15-64
in 2024
Montenegro
17.86 new registrations per 1,000 people ages 15-64
in 2024
Australia rank
10th
Montenegro rank
11th
New business density over time
- Australia
- Montenegro
How they compare
Australia currently reports 18.06 new registrations per 1,000 people ages 15-64 against 17.86 new registrations per 1,000 people ages 15-64 in Montenegro, a difference of 0.2 new registrations per 1,000 people ages 15-64.
The two have swapped places 2 times across 19 shared years of data; in 2006 it was Australia ahead.
Australia ranks 10th and Montenegro 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 | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.19 new registrations per 1,000 people ages 15-64 | 7.91 new registrations per 1,000 people ages 15-64 | 2.28 new registrations per 1,000 people ages 15-64 | Australia |
| 2010s | 13.51 new registrations per 1,000 people ages 15-64 | 7.45 new registrations per 1,000 people ages 15-64 | 6.06 new registrations per 1,000 people ages 15-64 | Australia |
| 2020s | 16.58 new registrations per 1,000 people ages 15-64 | 16.33 new registrations per 1,000 people ages 15-64 | 0.2571 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 Montenegro?
- Australia, at 18.06 new registrations per 1,000 people ages 15-64 against 17.86 new registrations per 1,000 people ages 15-64 in Montenegro as of 2024.
- What is the difference in new business density between Australia and Montenegro?
- 0.2 new registrations per 1,000 people ages 15-64, with Australia ahead.
- How many years of comparable data are there for Australia and Montenegro?
- 19 years are reported by both, from 2006 to 2024.
- How do Australia and Montenegro rank globally for new business density?
- Australia ranks 10th and Montenegro 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.