Cape Verde vs Luxembourg: New business density
Cape Verde
21.76 new registrations per 1,000 people ages 15-64
in 2024
Luxembourg
19.61 new registrations per 1,000 people ages 15-64
in 2024
Cape Verde rank
5th
Luxembourg rank
7th
New business density over time
- Cape Verde
- Luxembourg
How they compare
Cape Verde currently reports 21.76 new registrations per 1,000 people ages 15-64 against 19.61 new registrations per 1,000 people ages 15-64 in Luxembourg, a difference of 2.15 new registrations per 1,000 people ages 15-64.
That makes Cape Verde's figure about 1.1 times Luxembourg's.
The two have swapped places 1 time across 17 shared years of data; in 2008 it was Luxembourg ahead.
Cape Verde ranks 5th and Luxembourg ranks 7th of 177 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.05 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 20.59 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2010s | 7.85 new registrations per 1,000 people ages 15-64 | 22.79 new registrations per 1,000 people ages 15-64 | 14.93 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2020s | 20.56 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 2.08 new registrations per 1,000 people ages 15-64 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Cape Verde or Luxembourg?
- Cape Verde, at 21.76 new registrations per 1,000 people ages 15-64 against 19.61 new registrations per 1,000 people ages 15-64 in Luxembourg as of 2024.
- What is the difference in new business density between Cape Verde and Luxembourg?
- 2.15 new registrations per 1,000 people ages 15-64, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Luxembourg?
- 17 years are reported by both, from 2008 to 2024.
- How do Cape Verde and Luxembourg rank globally for new business density?
- Cape Verde ranks 5th and Luxembourg ranks 7th 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.