Central Europe and the Baltics vs Luxembourg: New business density
Central Europe and the Baltics
5.28 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
Central Europe and the Baltics rank
10th
Luxembourg rank
7th
New business density over time
- Central Europe and the Baltics
- Luxembourg
How they compare
Luxembourg currently reports 19.61 new registrations per 1,000 people ages 15-64 against 5.28 new registrations per 1,000 people ages 15-64 in Central Europe and the Baltics, a difference of 14.33 new registrations per 1,000 people ages 15-64.
That makes Luxembourg's figure about 3.7 times Central Europe and the Baltics's.
Across all 17 years both countries report, Luxembourg has been ahead every year.
Central Europe and the Baltics ranks 10th and Luxembourg ranks 7th of 45 groups.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Central Europe and the Baltics | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.69 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 18.94 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2010s | 4.28 new registrations per 1,000 people ages 15-64 | 22.79 new registrations per 1,000 people ages 15-64 | 18.51 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2020s | 5.22 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 17.42 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, Central Europe and the Baltics or Luxembourg?
- Luxembourg, at 19.61 new registrations per 1,000 people ages 15-64 against 5.28 new registrations per 1,000 people ages 15-64 in Central Europe and the Baltics as of 2024.
- What is the difference in new business density between Central Europe and the Baltics and Luxembourg?
- 14.33 new registrations per 1,000 people ages 15-64, with Luxembourg ahead.
- How many years of comparable data are there for Central Europe and the Baltics and Luxembourg?
- 17 years are reported by both, from 2008 to 2024.
- How do Central Europe and the Baltics and Luxembourg rank globally for new business density?
- Central Europe and the Baltics ranks 10th and Luxembourg ranks 7th of 45 groups.
- 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.