What is the difference in new business density between Barbados and Mongolia?

0.15 new registrations per 1,000 people ages 15-64, with Mongolia ahead.

How many years of comparable data are there for Barbados and Mongolia?

10 years are reported by both, from 2015 to 2024.

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.

Barbados vs Mongolia: New business density

Barbados

8.11 new registrations per 1,000 people ages 15-64

in 2024

Mongolia

8.26 new registrations per 1,000 people ages 15-64

in 2024

Barbados rank

32nd

Mongolia rank

31st

New business density over time

Barbados
Mongolia

How they compare

Mongolia currently reports 8.26 new registrations per 1,000 people ages 15-64 against 8.11 new registrations per 1,000 people ages 15-64 in Barbados, a difference of 0.15 new registrations per 1,000 people ages 15-64.

The two have swapped places 3 times across 10 shared years of data; in 2015 it was Barbados ahead.

Barbados ranks 32nd and Mongolia ranks 31st of 177 countries.

Mongolia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Barbados	Mongolia	Difference	Ahead
2010s	5.17 new registrations per 1,000 people ages 15-64	5.56 new registrations per 1,000 people ages 15-64	0.3949 new registrations per 1,000 people ages 15-64	Mongolia
2020s	6.3 new registrations per 1,000 people ages 15-64	6.94 new registrations per 1,000 people ages 15-64	0.6325 new registrations per 1,000 people ages 15-64	Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Barbados or Mongolia?: Mongolia, at 8.26 new registrations per 1,000 people ages 15-64 against 8.11 new registrations per 1,000 people ages 15-64 in Barbados as of 2024.
What is the difference in new business density between Barbados and Mongolia?: 0.15 new registrations per 1,000 people ages 15-64, with Mongolia ahead.
How many years of comparable data are there for Barbados and Mongolia?: 10 years are reported by both, from 2015 to 2024.
How do Barbados and Mongolia rank globally for new business density?: Barbados ranks 32nd and Mongolia ranks 31st 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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Barbados vs Mongolia: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 05 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/barbados/mongolia/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/barbados/mongolia/">Barbados vs Mongolia: 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: 03 September 2026

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