Early-demographic dividend vs Latvia: New business density

Early-demographic dividend
0.8576 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
Early-demographic dividend rank
34th
Latvia rank
36th

New business density over time

  • Early-demographic dividend
  • Latvia
02.557.51012.5200620152024

How they compare

Latvia currently reports 7.02 new registrations per 1,000 people ages 15-64 against 0.8576 new registrations per 1,000 people ages 15-64 in Early-demographic dividend, a difference of 6.16 new registrations per 1,000 people ages 15-64.

That makes Latvia's figure about 8.2 times Early-demographic dividend's.

Across all 19 years both countries report, Latvia has been ahead every year.

Early-demographic dividend ranks 34th and Latvia ranks 36th of 45 groups.

Latvia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Early-demographic dividend Latvia Difference Ahead
2000s 0.4379 new registrations per 1,000 people ages 15-64 6.65 new registrations per 1,000 people ages 15-64 6.21 new registrations per 1,000 people ages 15-64 Latvia
2010s 0.4991 new registrations per 1,000 people ages 15-64 9.59 new registrations per 1,000 people ages 15-64 9.09 new registrations per 1,000 people ages 15-64 Latvia
2020s 0.7514 new registrations per 1,000 people ages 15-64 6.86 new registrations per 1,000 people ages 15-64 6.11 new registrations per 1,000 people ages 15-64 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Early-demographic dividend or Latvia?
Latvia, at 7.02 new registrations per 1,000 people ages 15-64 against 0.8576 new registrations per 1,000 people ages 15-64 in Early-demographic dividend as of 2024.
What is the difference in new business density between Early-demographic dividend and Latvia?
6.16 new registrations per 1,000 people ages 15-64, with Latvia ahead.
How many years of comparable data are there for Early-demographic dividend and Latvia?
19 years are reported by both, from 2006 to 2024.
How do Early-demographic dividend and Latvia rank globally for new business density?
Early-demographic dividend ranks 34th and Latvia ranks 36th of 45 groups.
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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Early-demographic dividend vs Latvia: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 12 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/early-demographic-dividend/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/early-demographic-dividend/latvia/">Early-demographic dividend 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

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