Colombia vs Timor-Leste: New business density
Colombia
2.22 new registrations per 1,000 people ages 15-64
in 2024
Timor-Leste
2.34 new registrations per 1,000 people ages 15-64
in 2022
Colombia rank
90th
Timor-Leste rank
87th
New business density over time
- Colombia
- Timor-Leste
How they compare
Timor-Leste currently reports 2.34 new registrations per 1,000 people ages 15-64 against 2.22 new registrations per 1,000 people ages 15-64 in Colombia, a difference of 0.12 new registrations per 1,000 people ages 15-64.
That makes Timor-Leste's figure about 1.1 times Colombia's.
The two have swapped places 2 times across 10 shared years of data; in 2013 it was Timor-Leste ahead.
Colombia ranks 90th and Timor-Leste ranks 87th of 177 countries.
Across the 2 decades both report, Colombia averaged higher in 1 and Timor-Leste in 1.
Head to head by decade
| Decade | Colombia | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.03 new registrations per 1,000 people ages 15-64 | 3.07 new registrations per 1,000 people ages 15-64 | 1.04 new registrations per 1,000 people ages 15-64 | Timor-Leste |
| 2020s | 2.13 new registrations per 1,000 people ages 15-64 | 1.85 new registrations per 1,000 people ages 15-64 | 0.2775 new registrations per 1,000 people ages 15-64 | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Colombia or Timor-Leste?
- Timor-Leste, at 2.34 new registrations per 1,000 people ages 15-64 against 2.22 new registrations per 1,000 people ages 15-64 in Colombia as of 2022.
- What is the difference in new business density between Colombia and Timor-Leste?
- 0.12 new registrations per 1,000 people ages 15-64, with Timor-Leste ahead.
- How many years of comparable data are there for Colombia and Timor-Leste?
- 10 years are reported by both, from 2013 to 2022.
- How do Colombia and Timor-Leste rank globally for new business density?
- Colombia ranks 90th and Timor-Leste ranks 87th 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.