China vs OECD members: New business density
China
15.59 new registrations per 1,000 people ages 15-64
in 2024
OECD members
4.46 new registrations per 1,000 people ages 15-64
in 2023
China rank
13th
OECD members rank
16th
New business density over time
- China
- OECD members
How they compare
China currently reports 15.59 new registrations per 1,000 people ages 15-64 against 4.46 new registrations per 1,000 people ages 15-64 in OECD members, a difference of 11.13 new registrations per 1,000 people ages 15-64.
That makes China's figure about 3.5 times OECD members's.
Across all 16 years both countries report, China has been ahead every year.
China ranks 13th and OECD members ranks 16th of 177 countries.
China has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | China | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.48 new registrations per 1,000 people ages 15-64 | 2.61 new registrations per 1,000 people ages 15-64 | 1.87 new registrations per 1,000 people ages 15-64 | China |
| 2010s | 10.64 new registrations per 1,000 people ages 15-64 | 3.31 new registrations per 1,000 people ages 15-64 | 7.32 new registrations per 1,000 people ages 15-64 | China |
| 2020s | 17.29 new registrations per 1,000 people ages 15-64 | 4.33 new registrations per 1,000 people ages 15-64 | 12.96 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 OECD members?
- China, at 15.59 new registrations per 1,000 people ages 15-64 against 4.46 new registrations per 1,000 people ages 15-64 in OECD members as of 2024.
- What is the difference in new business density between China and OECD members?
- 11.13 new registrations per 1,000 people ages 15-64, with China ahead.
- How many years of comparable data are there for China and OECD members?
- 16 years are reported by both, from 2008 to 2023.
- How do China and OECD members rank globally for new business density?
- China ranks 13th and OECD members ranks 16th 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.