Cayman Islands vs Hong Kong: New business density (new registrations per 1,000 people ages 15-64)
Cayman Islands
201 new registrations per 1,000 people ages 15-64
in 2024
Hong Kong
28.85 new registrations per 1,000 people ages 15-64
in 2024
Cayman Islands rank
1st
Hong Kong rank
3rd
New business density (new registrations per 1,000 people ages 15-64) over time
- Cayman Islands
- Hong Kong
How they compare
Cayman Islands currently reports 201 new registrations per 1,000 people ages 15-64 against 28.85 new registrations per 1,000 people ages 15-64 in Hong Kong, a difference of 172.15 new registrations per 1,000 people ages 15-64.
That makes Cayman Islands's figure about 7.0 times Hong Kong's.
Across all 19 years both countries report, Cayman Islands has been ahead every year.
Cayman Islands ranks 1st and Hong Kong 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 | Hong Kong | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 303.21 new registrations per 1,000 people ages 15-64 | 19.05 new registrations per 1,000 people ages 15-64 | 284.16 new registrations per 1,000 people ages 15-64 | Cayman Islands |
| 2010s | 239.34 new registrations per 1,000 people ages 15-64 | 28.27 new registrations per 1,000 people ages 15-64 | 211.07 new registrations per 1,000 people ages 15-64 | Cayman Islands |
| 2020s | 226.61 new registrations per 1,000 people ages 15-64 | 23.23 new registrations per 1,000 people ages 15-64 | 203.38 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 Hong Kong?
- Cayman Islands, at 201 new registrations per 1,000 people ages 15-64 against 28.85 new registrations per 1,000 people ages 15-64 in Hong Kong as of 2024.
- What is the difference in new business density between Cayman Islands and Hong Kong?
- 172.15 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 Hong Kong?
- 19 years are reported by both, from 2006 to 2024.
- How do Cayman Islands and Hong Kong rank globally for new business density?
- Cayman Islands ranks 1st and Hong Kong 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.