Australia vs United Kingdom of Great Britain and Northern Ireland: New business density
New business density over time
- Australia
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland 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 of Great Britain and Northern Ireland'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 of Great Britain and Northern Ireland ahead.
Australia ranks 10th and United Kingdom of Great Britain and Northern Ireland ranks 8th of 177 countries.
Across the 3 decades both report, Australia averaged higher in 1 and United Kingdom of Great Britain and Northern Ireland in 2.
Head to head by decade
| Decade | Australia | United Kingdom of Great Britain and Northern Ireland | 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 of Great Britain and Northern Ireland |
| 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 of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Australia or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, 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 of Great Britain and Northern Ireland?
- 1.13 new registrations per 1,000 people ages 15-64, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Australia and United Kingdom of Great Britain and Northern Ireland?
- 19 years are reported by both, from 2006 to 2024.
- How do Australia and United Kingdom of Great Britain and Northern Ireland rank globally for new business density?
- Australia ranks 10th and United Kingdom of Great Britain and Northern Ireland 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.