Australia vs World: New business density
Australia
18.06 new registrations per 1,000 people ages 15-64
in 2024
World
5.15 new registrations per 1,000 people ages 15-64
in 2024
Australia rank
10th
World rank
12th
New business density over time
- Australia
- World
How they compare
Australia currently reports 18.06 new registrations per 1,000 people ages 15-64 against 5.15 new registrations per 1,000 people ages 15-64 in World, a difference of 12.91 new registrations per 1,000 people ages 15-64.
That makes Australia's figure about 3.5 times World's.
Across all 17 years both countries report, Australia has been ahead every year.
Australia ranks 10th and World ranks 12th of 177 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.93 new registrations per 1,000 people ages 15-64 | 2.1 new registrations per 1,000 people ages 15-64 | 7.83 new registrations per 1,000 people ages 15-64 | Australia |
| 2010s | 13.51 new registrations per 1,000 people ages 15-64 | 3.51 new registrations per 1,000 people ages 15-64 | 9.99 new registrations per 1,000 people ages 15-64 | Australia |
| 2020s | 16.58 new registrations per 1,000 people ages 15-64 | 5.23 new registrations per 1,000 people ages 15-64 | 11.36 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 World?
- Australia, at 18.06 new registrations per 1,000 people ages 15-64 against 5.15 new registrations per 1,000 people ages 15-64 in World as of 2024.
- What is the difference in new business density between Australia and World?
- 12.91 new registrations per 1,000 people ages 15-64, with Australia ahead.
- How many years of comparable data are there for Australia and World?
- 17 years are reported by both, from 2008 to 2024.
- How do Australia and World rank globally for new business density?
- Australia ranks 10th and World ranks 12th 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.