Australia vs Small states: New business density
Australia
18.06 new registrations per 1,000 people ages 15-64
in 2024
Small states
6.46 new registrations per 1,000 people ages 15-64
in 2022
Australia rank
10th
Small states rank
7th
New business density over time
- Australia
- Small states
How they compare
Australia currently reports 18.06 new registrations per 1,000 people ages 15-64 against 6.46 new registrations per 1,000 people ages 15-64 in Small states, a difference of 11.6 new registrations per 1,000 people ages 15-64.
That makes Australia's figure about 2.8 times Small states's.
Across all 17 years both countries report, Australia has been ahead every year.
Australia ranks 10th and Small states ranks 7th of 177 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.19 new registrations per 1,000 people ages 15-64 | 4.85 new registrations per 1,000 people ages 15-64 | 5.34 new registrations per 1,000 people ages 15-64 | Australia |
| 2010s | 13.51 new registrations per 1,000 people ages 15-64 | 4.85 new registrations per 1,000 people ages 15-64 | 8.66 new registrations per 1,000 people ages 15-64 | Australia |
| 2020s | 16.07 new registrations per 1,000 people ages 15-64 | 6.05 new registrations per 1,000 people ages 15-64 | 10.02 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 Small states?
- Australia, at 18.06 new registrations per 1,000 people ages 15-64 against 6.46 new registrations per 1,000 people ages 15-64 in Small states as of 2024.
- What is the difference in new business density between Australia and Small states?
- 11.6 new registrations per 1,000 people ages 15-64, with Australia ahead.
- How many years of comparable data are there for Australia and Small states?
- 17 years are reported by both, from 2006 to 2022.
- How do Australia and Small states rank globally for new business density?
- Australia ranks 10th and Small states ranks 7th 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.