Bangladesh vs Somalia: New business density
Bangladesh
0.0648 new registrations per 1,000 people ages 15-64
in 2024
Somalia
0.0202 new registrations per 1,000 people ages 15-64
in 2024
Bangladesh rank
174th
Somalia rank
177th
New business density over time
- Bangladesh
- Somalia
How they compare
Bangladesh currently reports 0.0648 new registrations per 1,000 people ages 15-64 against 0.0202 new registrations per 1,000 people ages 15-64 in Somalia, a difference of 0.0446 new registrations per 1,000 people ages 15-64.
That makes Bangladesh's figure about 3.2 times Somalia's.
The two have swapped places 1 time across 9 shared years of data; in 2016 it was Somalia ahead.
Bangladesh ranks 174th and Somalia ranks 177th of 177 countries.
Across the 2 decades both report, Bangladesh averaged higher in 1 and Somalia in 1.
Head to head by decade
| Decade | Bangladesh | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.0771 new registrations per 1,000 people ages 15-64 | 0.1509 new registrations per 1,000 people ages 15-64 | 0.0738 new registrations per 1,000 people ages 15-64 | Somalia |
| 2020s | 0.0821 new registrations per 1,000 people ages 15-64 | 0.039 new registrations per 1,000 people ages 15-64 | 0.0432 new registrations per 1,000 people ages 15-64 | Bangladesh |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Bangladesh or Somalia?
- Bangladesh, at 0.0648 new registrations per 1,000 people ages 15-64 against 0.0202 new registrations per 1,000 people ages 15-64 in Somalia as of 2024.
- What is the difference in new business density between Bangladesh and Somalia?
- 0.0446 new registrations per 1,000 people ages 15-64, with Bangladesh ahead.
- How many years of comparable data are there for Bangladesh and Somalia?
- 9 years are reported by both, from 2016 to 2024.
- How do Bangladesh and Somalia rank globally for new business density?
- Bangladesh ranks 174th and Somalia ranks 177th 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.