Belize vs South Africa: New business density

Belize
13.01 new registrations per 1,000 people ages 15-64
in 2024
South Africa
11.46 new registrations per 1,000 people ages 15-64
in 2024
Belize rank
19th
South Africa rank
21st

New business density over time

  • Belize
  • South Africa
2.557.51012.5200620152024

How they compare

Belize currently reports 13.01 new registrations per 1,000 people ages 15-64 against 11.46 new registrations per 1,000 people ages 15-64 in South Africa, a difference of 1.55 new registrations per 1,000 people ages 15-64.

That makes Belize's figure about 1.1 times South Africa's.

The two have swapped places 1 time across 18 shared years of data; in 2007 it was South Africa ahead.

Belize ranks 19th and South Africa ranks 21st of 177 countries.

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

Head to head by decade

Decade Belize South Africa Difference Ahead
2000s 4.28 new registrations per 1,000 people ages 15-64 8.64 new registrations per 1,000 people ages 15-64 4.36 new registrations per 1,000 people ages 15-64 South Africa
2010s 3.41 new registrations per 1,000 people ages 15-64 8.28 new registrations per 1,000 people ages 15-64 4.87 new registrations per 1,000 people ages 15-64 South Africa
2020s 7.01 new registrations per 1,000 people ages 15-64 11.01 new registrations per 1,000 people ages 15-64 3.99 new registrations per 1,000 people ages 15-64 South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Belize or South Africa?
Belize, at 13.01 new registrations per 1,000 people ages 15-64 against 11.46 new registrations per 1,000 people ages 15-64 in South Africa as of 2024.
What is the difference in new business density between Belize and South Africa?
1.55 new registrations per 1,000 people ages 15-64, with Belize ahead.
How many years of comparable data are there for Belize and South Africa?
18 years are reported by both, from 2007 to 2024.
How do Belize and South Africa rank globally for new business density?
Belize ranks 19th and South Africa ranks 21st 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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Belize vs South Africa: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 11 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/belize/south-africa/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/belize/south-africa/">Belize vs South Africa: 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.