Cyprus vs Turkey: New business density (new registrations per 1,000 people ages 15-64)
Cyprus
2.08 new registrations per 1,000 people ages 15-64
in 2024
Turkey
1.98 new registrations per 1,000 people ages 15-64
in 2024
Cyprus rank
96th
Turkey rank
99th
New business density (new registrations per 1,000 people ages 15-64) over time
- Cyprus
- Turkey
How they compare
Cyprus currently reports 2.08 new registrations per 1,000 people ages 15-64 against 1.98 new registrations per 1,000 people ages 15-64 in Turkey, a difference of 0.1 new registrations per 1,000 people ages 15-64.
That makes Cyprus's figure about 1.1 times Turkey's.
The two have swapped places 2 times across 19 shared years of data; in 2006 it was Cyprus ahead.
Cyprus ranks 96th and Turkey ranks 99th of 177 countries.
Across the 3 decades both report, Cyprus averaged higher in 2 and Turkey in 1.
Head to head by decade
| Decade | Cyprus | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.06 new registrations per 1,000 people ages 15-64 | 1.11 new registrations per 1,000 people ages 15-64 | 1.94 new registrations per 1,000 people ages 15-64 | Cyprus |
| 2010s | 2.04 new registrations per 1,000 people ages 15-64 | 1.21 new registrations per 1,000 people ages 15-64 | 0.8281 new registrations per 1,000 people ages 15-64 | Cyprus |
| 2020s | 1.86 new registrations per 1,000 people ages 15-64 | 2.07 new registrations per 1,000 people ages 15-64 | 0.216 new registrations per 1,000 people ages 15-64 | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Cyprus or Turkey?
- Cyprus, at 2.08 new registrations per 1,000 people ages 15-64 against 1.98 new registrations per 1,000 people ages 15-64 in Turkey as of 2024.
- What is the difference in new business density between Cyprus and Turkey?
- 0.1 new registrations per 1,000 people ages 15-64, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Turkey?
- 19 years are reported by both, from 2006 to 2024.
- How do Cyprus and Turkey rank globally for new business density?
- Cyprus ranks 96th and Turkey ranks 99th 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.