China vs Low & middle income: New business density
China
15.59 new registrations per 1,000 people ages 15-64
in 2024
Low & middle income
5.1 new registrations per 1,000 people ages 15-64
in 2024
China rank
13th
Low & middle income rank
13th
New business density over time
- China
- Low & middle income
How they compare
China currently reports 15.59 new registrations per 1,000 people ages 15-64 against 5.1 new registrations per 1,000 people ages 15-64 in Low & middle income, a difference of 10.49 new registrations per 1,000 people ages 15-64.
That makes China's figure about 3.1 times Low & middle income's.
Across all 17 years both countries report, China has been ahead every year.
China ranks 13th and Low & middle income ranks 13th of 177 countries.
China has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | China | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.48 new registrations per 1,000 people ages 15-64 | 1.86 new registrations per 1,000 people ages 15-64 | 2.62 new registrations per 1,000 people ages 15-64 | China |
| 2010s | 10.64 new registrations per 1,000 people ages 15-64 | 3.4 new registrations per 1,000 people ages 15-64 | 7.24 new registrations per 1,000 people ages 15-64 | China |
| 2020s | 16.95 new registrations per 1,000 people ages 15-64 | 5.25 new registrations per 1,000 people ages 15-64 | 11.69 new registrations per 1,000 people ages 15-64 | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, China or Low & middle income?
- China, at 15.59 new registrations per 1,000 people ages 15-64 against 5.1 new registrations per 1,000 people ages 15-64 in Low & middle income as of 2024.
- What is the difference in new business density between China and Low & middle income?
- 10.49 new registrations per 1,000 people ages 15-64, with China ahead.
- How many years of comparable data are there for China and Low & middle income?
- 17 years are reported by both, from 2008 to 2024.
- How do China and Low & middle income rank globally for new business density?
- China ranks 13th and Low & middle income ranks 13th 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.