Botswana vs Latin America & Caribbean: New business density
Botswana
13.33 new registrations per 1,000 people ages 15-64
in 2024
Latin America & Caribbean
3.68 new registrations per 1,000 people ages 15-64
in 2024
Botswana rank
18th
Latin America & Caribbean rank
19th
New business density over time
- Botswana
- Latin America & Caribbean
How they compare
Botswana currently reports 13.33 new registrations per 1,000 people ages 15-64 against 3.68 new registrations per 1,000 people ages 15-64 in Latin America & Caribbean, a difference of 9.65 new registrations per 1,000 people ages 15-64.
That makes Botswana's figure about 3.6 times Latin America & Caribbean's.
Across all 19 years both countries report, Botswana has been ahead every year.
Botswana ranks 18th and Latin America & Caribbean ranks 19th of 177 countries.
Botswana has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Botswana | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.82 new registrations per 1,000 people ages 15-64 | 1.75 new registrations per 1,000 people ages 15-64 | 5.07 new registrations per 1,000 people ages 15-64 | Botswana |
| 2010s | 10.85 new registrations per 1,000 people ages 15-64 | 2.14 new registrations per 1,000 people ages 15-64 | 8.72 new registrations per 1,000 people ages 15-64 | Botswana |
| 2020s | 9.48 new registrations per 1,000 people ages 15-64 | 3.37 new registrations per 1,000 people ages 15-64 | 6.11 new registrations per 1,000 people ages 15-64 | Botswana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Botswana or Latin America & Caribbean?
- Botswana, at 13.33 new registrations per 1,000 people ages 15-64 against 3.68 new registrations per 1,000 people ages 15-64 in Latin America & Caribbean as of 2024.
- What is the difference in new business density between Botswana and Latin America & Caribbean?
- 9.65 new registrations per 1,000 people ages 15-64, with Botswana ahead.
- How many years of comparable data are there for Botswana and Latin America & Caribbean?
- 19 years are reported by both, from 2006 to 2024.
- How do Botswana and Latin America & Caribbean rank globally for new business density?
- Botswana ranks 18th and Latin America & Caribbean ranks 19th 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.