Azerbaijan vs Türkiye: New business density

Azerbaijan
2 new registrations per 1,000 people ages 15-64
in 2024
Türkiye
1.98 new registrations per 1,000 people ages 15-64
in 2024
Azerbaijan rank
97th
Türkiye rank
99th

New business density over time

  • Azerbaijan
  • Türkiye
0.511.522.5200620152024

How they compare

Azerbaijan currently reports 2 new registrations per 1,000 people ages 15-64 against 1.98 new registrations per 1,000 people ages 15-64 in Türkiye, a difference of 0.02 new registrations per 1,000 people ages 15-64.

The two have swapped places 5 times across 17 shared years of data; in 2008 it was Türkiye ahead.

Azerbaijan ranks 97th and Türkiye ranks 99th of 177 countries.

Türkiye has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Azerbaijan Türkiye Difference Ahead
2000s 0.8649 new registrations per 1,000 people ages 15-64 1.03 new registrations per 1,000 people ages 15-64 0.1622 new registrations per 1,000 people ages 15-64 Türkiye
2010s 1.13 new registrations per 1,000 people ages 15-64 1.21 new registrations per 1,000 people ages 15-64 0.0855 new registrations per 1,000 people ages 15-64 Türkiye
2020s 1.87 new registrations per 1,000 people ages 15-64 2.07 new registrations per 1,000 people ages 15-64 0.2053 new registrations per 1,000 people ages 15-64 Türkiye

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Azerbaijan or Türkiye?
Azerbaijan, at 2 new registrations per 1,000 people ages 15-64 against 1.98 new registrations per 1,000 people ages 15-64 in Türkiye as of 2024.
What is the difference in new business density between Azerbaijan and Türkiye?
0.02 new registrations per 1,000 people ages 15-64, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Türkiye?
17 years are reported by both, from 2008 to 2024.
How do Azerbaijan and Türkiye rank globally for new business density?
Azerbaijan ranks 97th and Türkiye ranks 99th 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 Türkiye: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 12 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/azerbaijan/turkiye/

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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/turkiye/">Azerbaijan vs Türkiye: 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.