East Asia & Pacific vs Luxembourg: New business density
East Asia & Pacific
10.73 new registrations per 1,000 people ages 15-64
in 2024
Luxembourg
19.61 new registrations per 1,000 people ages 15-64
in 2024
East Asia & Pacific rank
4th
Luxembourg rank
7th
New business density over time
- East Asia & Pacific
- Luxembourg
How they compare
Luxembourg currently reports 19.61 new registrations per 1,000 people ages 15-64 against 10.73 new registrations per 1,000 people ages 15-64 in East Asia & Pacific, a difference of 8.88 new registrations per 1,000 people ages 15-64.
That makes Luxembourg's figure about 1.8 times East Asia & Pacific's.
Across all 17 years both countries report, Luxembourg has been ahead every year.
East Asia & Pacific ranks 4th and Luxembourg ranks 7th of 45 groups.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | East Asia & Pacific | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.36 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 19.28 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2010s | 7.24 new registrations per 1,000 people ages 15-64 | 22.79 new registrations per 1,000 people ages 15-64 | 15.54 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2020s | 11.39 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 11.26 new registrations per 1,000 people ages 15-64 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, East Asia & Pacific or Luxembourg?
- Luxembourg, at 19.61 new registrations per 1,000 people ages 15-64 against 10.73 new registrations per 1,000 people ages 15-64 in East Asia & Pacific as of 2024.
- What is the difference in new business density between East Asia & Pacific and Luxembourg?
- 8.88 new registrations per 1,000 people ages 15-64, with Luxembourg ahead.
- How many years of comparable data are there for East Asia & Pacific and Luxembourg?
- 17 years are reported by both, from 2008 to 2024.
- How do East Asia & Pacific and Luxembourg rank globally for new business density?
- East Asia & Pacific ranks 4th and Luxembourg ranks 7th 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.