East Asia & Pacific (IDA & IBRD countries) vs Hong Kong: New business density
New business density over time
- East Asia & Pacific (IDA & IBRD countries)
- 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 (IDA & IBRD countries), 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 (IDA & IBRD countries)'s.
Across all 17 years both countries report, Hong Kong has been ahead every year.
East Asia & Pacific (IDA & IBRD countries) ranks 2nd 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 (IDA & IBRD countries) | 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 (IDA & IBRD countries) 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 (IDA & IBRD countries) as of 2024.
- What is the difference in new business density between East Asia & Pacific (IDA & IBRD countries) 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 (IDA & IBRD countries) and Hong Kong?
- 17 years are reported by both, from 2008 to 2024.
- How do East Asia & Pacific (IDA & IBRD countries) and Hong Kong rank globally for new business density?
- East Asia & Pacific (IDA & IBRD countries) ranks 2nd 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.