Cayman Islands vs East Asia & Pacific (excluding high income): New business density
New business density over time
- Cayman Islands
- East Asia & Pacific (excluding high income)
How they compare
Cayman Islands currently reports 201 new registrations per 1,000 people ages 15-64 against 11.18 new registrations per 1,000 people ages 15-64 in East Asia & Pacific (excluding high income), a difference of 189.82 new registrations per 1,000 people ages 15-64.
That makes Cayman Islands's figure about 18.0 times East Asia & Pacific (excluding high income)'s.
Across all 17 years both countries report, Cayman Islands has been ahead every year.
Cayman Islands ranks 1st and East Asia & Pacific (excluding high income) ranks 3rd of 177 countries.
Cayman Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cayman Islands | East Asia & Pacific (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 249.88 new registrations per 1,000 people ages 15-64 | 3.45 new registrations per 1,000 people ages 15-64 | 246.44 new registrations per 1,000 people ages 15-64 | Cayman Islands |
| 2010s | 239.34 new registrations per 1,000 people ages 15-64 | 7.63 new registrations per 1,000 people ages 15-64 | 231.71 new registrations per 1,000 people ages 15-64 | Cayman Islands |
| 2020s | 226.61 new registrations per 1,000 people ages 15-64 | 12.11 new registrations per 1,000 people ages 15-64 | 214.5 new registrations per 1,000 people ages 15-64 | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Cayman Islands or East Asia & Pacific (excluding high income)?
- Cayman Islands, at 201 new registrations per 1,000 people ages 15-64 against 11.18 new registrations per 1,000 people ages 15-64 in East Asia & Pacific (excluding high income) as of 2024.
- What is the difference in new business density between Cayman Islands and East Asia & Pacific (excluding high income)?
- 189.82 new registrations per 1,000 people ages 15-64, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and East Asia & Pacific (excluding high income)?
- 17 years are reported by both, from 2008 to 2024.
- How do Cayman Islands and East Asia & Pacific (excluding high income) rank globally for new business density?
- Cayman Islands ranks 1st and East Asia & Pacific (excluding high income) ranks 3rd 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.