Chile vs Sub-Saharan Africa (IDA & IBRD countries): New business density
Chile
9.09 new registrations per 1,000 people ages 15-64
in 2023
Sub-Saharan Africa (IDA & IBRD countries)
1.86 new registrations per 1,000 people ages 15-64
in 2022
Chile rank
25th
Sub-Saharan Africa (IDA & IBRD countries) rank
27th
New business density over time
- Chile
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Chile currently reports 9.09 new registrations per 1,000 people ages 15-64 against 1.86 new registrations per 1,000 people ages 15-64 in Sub-Saharan Africa (IDA & IBRD countries), a difference of 7.23 new registrations per 1,000 people ages 15-64.
That makes Chile's figure about 4.9 times Sub-Saharan Africa (IDA & IBRD countries)'s.
Across all 12 years both countries report, Chile has been ahead every year.
Chile ranks 25th and Sub-Saharan Africa (IDA & IBRD countries) ranks 27th of 177 countries.
Chile has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Chile | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.97 new registrations per 1,000 people ages 15-64 | 1.33 new registrations per 1,000 people ages 15-64 | 4.64 new registrations per 1,000 people ages 15-64 | Chile |
| 2020s | 9.84 new registrations per 1,000 people ages 15-64 | 1.78 new registrations per 1,000 people ages 15-64 | 8.05 new registrations per 1,000 people ages 15-64 | Chile |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Chile or Sub-Saharan Africa (IDA & IBRD countries)?
- Chile, at 9.09 new registrations per 1,000 people ages 15-64 against 1.86 new registrations per 1,000 people ages 15-64 in Sub-Saharan Africa (IDA & IBRD countries) as of 2023.
- What is the difference in new business density between Chile and Sub-Saharan Africa (IDA & IBRD countries)?
- 7.23 new registrations per 1,000 people ages 15-64, with Chile ahead.
- How many years of comparable data are there for Chile and Sub-Saharan Africa (IDA & IBRD countries)?
- 12 years are reported by both, from 2011 to 2022.
- How do Chile and Sub-Saharan Africa (IDA & IBRD countries) rank globally for new business density?
- Chile ranks 25th and Sub-Saharan Africa (IDA & IBRD countries) ranks 27th 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.