Australia vs United Kingdom: New business density (new registrations per 1,000 people ages 15-64)
Australia
18.06 new registrations per 1,000 people ages 15-64
in 2024
United Kingdom
19.19 new registrations per 1,000 people ages 15-64
in 2024
Australia rank
10th
United Kingdom rank
8th
New business density (new registrations per 1,000 people ages 15-64) over time
- Australia
- United Kingdom
How they compare
United Kingdom currently reports 19.19 new registrations per 1,000 people ages 15-64 against 18.06 new registrations per 1,000 people ages 15-64 in Australia, a difference of 1.13 new registrations per 1,000 people ages 15-64.
That makes United Kingdom's figure about 1.1 times Australia's.
The two have swapped places 4 times across 19 shared years of data; in 2006 it was United Kingdom ahead.
Australia ranks 10th and United Kingdom ranks 8th of 177 countries.
Across the 3 decades both report, Australia averaged higher in 1 and United Kingdom in 2.
Head to head by decade
| Decade | Australia | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.19 new registrations per 1,000 people ages 15-64 | 9.73 new registrations per 1,000 people ages 15-64 | 0.4622 new registrations per 1,000 people ages 15-64 | Australia |
| 2010s | 13.51 new registrations per 1,000 people ages 15-64 | 13.64 new registrations per 1,000 people ages 15-64 | 0.1305 new registrations per 1,000 people ages 15-64 | United Kingdom |
| 2020s | 16.58 new registrations per 1,000 people ages 15-64 | 18.82 new registrations per 1,000 people ages 15-64 | 2.24 new registrations per 1,000 people ages 15-64 | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Australia or United Kingdom?
- United Kingdom, at 19.19 new registrations per 1,000 people ages 15-64 against 18.06 new registrations per 1,000 people ages 15-64 in Australia as of 2024.
- What is the difference in new business density between Australia and United Kingdom?
- 1.13 new registrations per 1,000 people ages 15-64, with United Kingdom ahead.
- How many years of comparable data are there for Australia and United Kingdom?
- 19 years are reported by both, from 2006 to 2024.
- How do Australia and United Kingdom rank globally for new business density?
- Australia ranks 10th and United Kingdom ranks 8th 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.