Azerbaijan vs Cyprus: New business density

Azerbaijan
2 new registrations per 1,000 people ages 15-64
in 2024
Cyprus
2.08 new registrations per 1,000 people ages 15-64
in 2024
Azerbaijan rank
97th
Cyprus rank
96th

New business density over time

  • Azerbaijan
  • Cyprus
1234200620152024

How they compare

Cyprus currently reports 2.08 new registrations per 1,000 people ages 15-64 against 2 new registrations per 1,000 people ages 15-64 in Azerbaijan, a difference of 0.08 new registrations per 1,000 people ages 15-64.

The two have swapped places 4 times across 17 shared years of data; in 2008 it was Cyprus ahead.

Azerbaijan ranks 97th and Cyprus ranks 96th of 177 countries.

Across the 3 decades both report, Azerbaijan averaged higher in 1 and Cyprus in 2.

Head to head by decade

Decade Azerbaijan Cyprus Difference Ahead
2000s 0.8649 new registrations per 1,000 people ages 15-64 2.75 new registrations per 1,000 people ages 15-64 1.88 new registrations per 1,000 people ages 15-64 Cyprus
2010s 1.13 new registrations per 1,000 people ages 15-64 2.04 new registrations per 1,000 people ages 15-64 0.9136 new registrations per 1,000 people ages 15-64 Cyprus
2020s 1.87 new registrations per 1,000 people ages 15-64 1.86 new registrations per 1,000 people ages 15-64 0.0108 new registrations per 1,000 people ages 15-64 Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Azerbaijan or Cyprus?
Cyprus, at 2.08 new registrations per 1,000 people ages 15-64 against 2 new registrations per 1,000 people ages 15-64 in Azerbaijan as of 2024.
What is the difference in new business density between Azerbaijan and Cyprus?
0.08 new registrations per 1,000 people ages 15-64, with Cyprus ahead.
How many years of comparable data are there for Azerbaijan and Cyprus?
17 years are reported by both, from 2008 to 2024.
How do Azerbaijan and Cyprus rank globally for new business density?
Azerbaijan ranks 97th and Cyprus ranks 96th 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.

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Azerbaijan vs Cyprus: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 10 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/azerbaijan/cyprus/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/azerbaijan/cyprus/">Azerbaijan vs Cyprus: New business density</a> — Statizoid

About this data

Indicator
New business density (new registrations per 1,000 people ages 15-64)
Unit
new registrations per 1,000 people ages 15-64
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 3,644 data points, 2006–2024
Last refreshed

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.