East Asia & Pacific (excluding high income) vs Hong Kong: New business density
New business density over time
- East Asia & Pacific (excluding high income)
- Hong Kong
How they compare
Hong Kong currently reports 28.85 new registrations per 1,000 people ages 15-64 against 11.18 new registrations per 1,000 people ages 15-64 in East Asia & Pacific (excluding high income), a difference of 17.67 new registrations per 1,000 people ages 15-64.
That makes Hong Kong's figure about 2.6 times East Asia & Pacific (excluding high income)'s.
Across all 17 years both countries report, Hong Kong has been ahead every year.
East Asia & Pacific (excluding high income) ranks 3rd and Hong Kong ranks 3rd of 45 groups.
Hong Kong has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | East Asia & Pacific (excluding high income) | Hong Kong | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.45 new registrations per 1,000 people ages 15-64 | 20.11 new registrations per 1,000 people ages 15-64 | 16.67 new registrations per 1,000 people ages 15-64 | Hong Kong |
| 2010s | 7.63 new registrations per 1,000 people ages 15-64 | 28.27 new registrations per 1,000 people ages 15-64 | 20.64 new registrations per 1,000 people ages 15-64 | Hong Kong |
| 2020s | 12.11 new registrations per 1,000 people ages 15-64 | 23.23 new registrations per 1,000 people ages 15-64 | 11.12 new registrations per 1,000 people ages 15-64 | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, East Asia & Pacific (excluding high income) or Hong Kong?
- Hong Kong, at 28.85 new registrations per 1,000 people ages 15-64 against 11.18 new registrations per 1,000 people ages 15-64 in East Asia & Pacific (excluding high income) as of 2024.
- What is the difference in new business density between East Asia & Pacific (excluding high income) and Hong Kong?
- 17.67 new registrations per 1,000 people ages 15-64, with Hong Kong ahead.
- How many years of comparable data are there for East Asia & Pacific (excluding high income) and Hong Kong?
- 17 years are reported by both, from 2008 to 2024.
- How do East Asia & Pacific (excluding high income) and Hong Kong rank globally for new business density?
- East Asia & Pacific (excluding high income) ranks 3rd and Hong Kong ranks 3rd 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.
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.