Colombia vs East Timor: New business density (new registrations per 1,000 people ages 15-64)
Colombia
2.22 new registrations per 1,000 people ages 15-64
in 2024
East Timor
2.34 new registrations per 1,000 people ages 15-64
in 2022
Colombia rank
90th
East Timor rank
87th
New business density (new registrations per 1,000 people ages 15-64) over time
- Colombia
- East Timor
How they compare
East Timor 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 East Timor'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 East Timor ahead.
Colombia ranks 90th and East Timor ranks 87th of 177 countries.
Across the 2 decades both report, Colombia averaged higher in 1 and East Timor in 1.
Head to head by decade
| Decade | Colombia | East Timor | 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 | East Timor |
| 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 East Timor?
- East Timor, 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 East Timor?
- 0.12 new registrations per 1,000 people ages 15-64, with East Timor ahead.
- How many years of comparable data are there for Colombia and East Timor?
- 10 years are reported by both, from 2013 to 2022.
- How do Colombia and East Timor rank globally for new business density?
- Colombia ranks 90th and East Timor 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.