Cape Verde vs Other small states: New business density

Cape Verde
21.76 new registrations per 1,000 people ages 15-64
in 2024
Other small states
9.64 new registrations per 1,000 people ages 15-64
in 2024
Cape Verde rank
5th
Other small states rank
5th

New business density over time

  • Cape Verde
  • Other small states
0102030200620152024

How they compare

Cape Verde currently reports 21.76 new registrations per 1,000 people ages 15-64 against 9.64 new registrations per 1,000 people ages 15-64 in Other small states, a difference of 12.12 new registrations per 1,000 people ages 15-64.

That makes Cape Verde's figure about 2.3 times Other small states's.

The two have swapped places 1 time across 17 shared years of data; in 2008 it was Other small states ahead.

Cape Verde ranks 5th and Other small states ranks 5th of 177 countries.

Across the 3 decades both report, Cape Verde averaged higher in 2 and Other small states in 1.

Head to head by decade

Decade Cape Verde Other small states Difference Ahead
2000s 2.05 new registrations per 1,000 people ages 15-64 5.31 new registrations per 1,000 people ages 15-64 3.25 new registrations per 1,000 people ages 15-64 Other small states
2010s 7.85 new registrations per 1,000 people ages 15-64 6.18 new registrations per 1,000 people ages 15-64 1.67 new registrations per 1,000 people ages 15-64 Cape Verde
2020s 20.56 new registrations per 1,000 people ages 15-64 7.92 new registrations per 1,000 people ages 15-64 12.65 new registrations per 1,000 people ages 15-64 Cape Verde

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Cape Verde or Other small states?
Cape Verde, at 21.76 new registrations per 1,000 people ages 15-64 against 9.64 new registrations per 1,000 people ages 15-64 in Other small states as of 2024.
What is the difference in new business density between Cape Verde and Other small states?
12.12 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 Other small states?
17 years are reported by both, from 2008 to 2024.
How do Cape Verde and Other small states rank globally for new business density?
Cape Verde ranks 5th and Other small states ranks 5th 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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Cape Verde vs Other small states: 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/cabo-verde/other-small-states/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/cabo-verde/other-small-states/">Cape Verde vs Other small states: 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.