What is the difference in new business density between Denmark and Latvia?

0.17 new registrations per 1,000 people ages 15-64, with Latvia ahead.

How many years of comparable data are there for Denmark and Latvia?

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.

Denmark vs Latvia: New business density

Denmark

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

in 2024

Latvia

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

in 2024

Denmark rank

37th

Latvia rank

36th

New business density over time

Denmark
Latvia

How they compare

Latvia currently reports 7.02 new registrations per 1,000 people ages 15-64 against 6.85 new registrations per 1,000 people ages 15-64 in Denmark, a difference of 0.17 new registrations per 1,000 people ages 15-64.

The two have swapped places 4 times across 19 shared years of data; in 2006 it was Latvia ahead.

Denmark ranks 37th and Latvia ranks 36th of 177 countries.

Across the 3 decades both report, Denmark averaged higher in 2 and Latvia in 1.

Head to head by decade

Decade	Denmark	Latvia	Difference	Ahead
2000s	6.76 new registrations per 1,000 people ages 15-64	6.65 new registrations per 1,000 people ages 15-64	0.1134 new registrations per 1,000 people ages 15-64	Denmark
2010s	7.26 new registrations per 1,000 people ages 15-64	9.59 new registrations per 1,000 people ages 15-64	2.33 new registrations per 1,000 people ages 15-64	Latvia
2020s	7.56 new registrations per 1,000 people ages 15-64	6.86 new registrations per 1,000 people ages 15-64	0.6972 new registrations per 1,000 people ages 15-64	Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Denmark or Latvia?: Latvia, at 7.02 new registrations per 1,000 people ages 15-64 against 6.85 new registrations per 1,000 people ages 15-64 in Denmark as of 2024.
What is the difference in new business density between Denmark and Latvia?: 0.17 new registrations per 1,000 people ages 15-64, with Latvia ahead.
How many years of comparable data are there for Denmark and Latvia?: 19 years are reported by both, from 2006 to 2024.
How do Denmark and Latvia rank globally for new business density?: Denmark ranks 37th and Latvia ranks 36th 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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Denmark vs Latvia: 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/denmark/latvia/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/denmark/latvia/">Denmark vs Latvia: 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.