What is the difference in new business density between Cyprus and Lithuania?

0.05 new registrations per 1,000 people ages 15-64, with Lithuania ahead.

How many years of comparable data are there for Cyprus and Lithuania?

19 years are reported by both, from 2006 to 2024.

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.

Cyprus vs Lithuania: New business density

Cyprus

2.08 new registrations per 1,000 people ages 15-64

in 2024

Lithuania

2.13 new registrations per 1,000 people ages 15-64

in 2024

Cyprus rank

96th

Lithuania rank

94th

New business density over time

Cyprus
Lithuania

How they compare

Lithuania currently reports 2.13 new registrations per 1,000 people ages 15-64 against 2.08 new registrations per 1,000 people ages 15-64 in Cyprus, a difference of 0.05 new registrations per 1,000 people ages 15-64.

The two have swapped places 1 time across 19 shared years of data; in 2006 it was Cyprus ahead.

Cyprus ranks 96th and Lithuania ranks 94th of 177 countries.

Across the 3 decades both report, Cyprus averaged higher in 1 and Lithuania in 2.

Head to head by decade

Decade	Cyprus	Lithuania	Difference	Ahead
2000s	3.06 new registrations per 1,000 people ages 15-64	2.62 new registrations per 1,000 people ages 15-64	0.4408 new registrations per 1,000 people ages 15-64	Cyprus
2010s	2.04 new registrations per 1,000 people ages 15-64	3.74 new registrations per 1,000 people ages 15-64	1.7 new registrations per 1,000 people ages 15-64	Lithuania
2020s	1.86 new registrations per 1,000 people ages 15-64	2.74 new registrations per 1,000 people ages 15-64	0.8822 new registrations per 1,000 people ages 15-64	Lithuania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Cyprus or Lithuania?: Lithuania, at 2.13 new registrations per 1,000 people ages 15-64 against 2.08 new registrations per 1,000 people ages 15-64 in Cyprus as of 2024.
What is the difference in new business density between Cyprus and Lithuania?: 0.05 new registrations per 1,000 people ages 15-64, with Lithuania ahead.
How many years of comparable data are there for Cyprus and Lithuania?: 19 years are reported by both, from 2006 to 2024.
How do Cyprus and Lithuania rank globally for new business density?: Cyprus ranks 96th and Lithuania ranks 94th 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.

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Cyprus vs Lithuania: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 06 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/cyprus/lithuania/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/cyprus/lithuania/">Cyprus vs Lithuania: New business density</a> — Statizoid

About this data

Indicator: New business density (new registrations per 1,000 people ages 15-64)
Unit: new registrations per 1,000 people ages 15-64
Source: Entrepreneurship Database, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 222 places, 3,644 data points, 2006–2024
Last refreshed: 03 September 2026

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.