Ecuador vs Laos: New business density (new registrations per 1,000 people ages 15-64)
Ecuador
1.59 new registrations per 1,000 people ages 15-64
in 2024
Laos
1.57 new registrations per 1,000 people ages 15-64
in 2024
Ecuador rank
107th
Laos rank
110th
New business density (new registrations per 1,000 people ages 15-64) over time
- Ecuador
- Laos
How they compare
Ecuador currently reports 1.59 new registrations per 1,000 people ages 15-64 against 1.57 new registrations per 1,000 people ages 15-64 in Laos, a difference of 0.02 new registrations per 1,000 people ages 15-64.
Across all 17 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 107th and Laos ranks 110th of 177 countries.
Ecuador has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ecuador | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.4806 new registrations per 1,000 people ages 15-64 | 0.3099 new registrations per 1,000 people ages 15-64 | 0.1707 new registrations per 1,000 people ages 15-64 | Ecuador |
| 2010s | 0.6963 new registrations per 1,000 people ages 15-64 | 0.3119 new registrations per 1,000 people ages 15-64 | 0.3844 new registrations per 1,000 people ages 15-64 | Ecuador |
| 2020s | 1.41 new registrations per 1,000 people ages 15-64 | 0.9989 new registrations per 1,000 people ages 15-64 | 0.408 new registrations per 1,000 people ages 15-64 | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Ecuador or Laos?
- Ecuador, at 1.59 new registrations per 1,000 people ages 15-64 against 1.57 new registrations per 1,000 people ages 15-64 in Laos as of 2024.
- What is the difference in new business density between Ecuador and Laos?
- 0.02 new registrations per 1,000 people ages 15-64, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Laos?
- 17 years are reported by both, from 2008 to 2024.
- How do Ecuador and Laos rank globally for new business density?
- Ecuador ranks 107th and Laos ranks 110th 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.
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.