Bulgaria vs Sub-Saharan Africa: New business density
Bulgaria
10.46 new registrations per 1,000 people ages 15-64
in 2024
Sub-Saharan Africa
1.86 new registrations per 1,000 people ages 15-64
in 2022
Bulgaria rank
24th
Sub-Saharan Africa rank
27th
New business density over time
- Bulgaria
- Sub-Saharan Africa
How they compare
Bulgaria currently reports 10.46 new registrations per 1,000 people ages 15-64 against 1.86 new registrations per 1,000 people ages 15-64 in Sub-Saharan Africa, a difference of 8.6 new registrations per 1,000 people ages 15-64.
That makes Bulgaria's figure about 5.6 times Sub-Saharan Africa's.
Across all 12 years both countries report, Bulgaria has been ahead every year.
Bulgaria ranks 24th and Sub-Saharan Africa ranks 27th of 177 countries.
Bulgaria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bulgaria | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 9.27 new registrations per 1,000 people ages 15-64 | 1.33 new registrations per 1,000 people ages 15-64 | 7.95 new registrations per 1,000 people ages 15-64 | Bulgaria |
| 2020s | 9.2 new registrations per 1,000 people ages 15-64 | 1.78 new registrations per 1,000 people ages 15-64 | 7.42 new registrations per 1,000 people ages 15-64 | Bulgaria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Bulgaria or Sub-Saharan Africa?
- Bulgaria, at 10.46 new registrations per 1,000 people ages 15-64 against 1.86 new registrations per 1,000 people ages 15-64 in Sub-Saharan Africa as of 2024.
- What is the difference in new business density between Bulgaria and Sub-Saharan Africa?
- 8.6 new registrations per 1,000 people ages 15-64, with Bulgaria ahead.
- How many years of comparable data are there for Bulgaria and Sub-Saharan Africa?
- 12 years are reported by both, from 2011 to 2022.
- How do Bulgaria and Sub-Saharan Africa rank globally for new business density?
- Bulgaria ranks 24th and Sub-Saharan Africa ranks 27th 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.