El Salvador vs Nigeria: New business density
El Salvador
1.14 new registrations per 1,000 people ages 15-64
in 2024
Nigeria
1.12 new registrations per 1,000 people ages 15-64
in 2022
El Salvador rank
122nd
Nigeria rank
124th
New business density over time
- El Salvador
- Nigeria
How they compare
El Salvador currently reports 1.14 new registrations per 1,000 people ages 15-64 against 1.12 new registrations per 1,000 people ages 15-64 in Nigeria, a difference of 0.02 new registrations per 1,000 people ages 15-64.
The two have swapped places 1 time across 17 shared years of data; in 2006 it was El Salvador ahead.
El Salvador ranks 122nd and Nigeria ranks 124th of 177 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | El Salvador | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5211 new registrations per 1,000 people ages 15-64 | 0.6358 new registrations per 1,000 people ages 15-64 | 0.1147 new registrations per 1,000 people ages 15-64 | Nigeria |
| 2010s | 0.5358 new registrations per 1,000 people ages 15-64 | 0.7702 new registrations per 1,000 people ages 15-64 | 0.2344 new registrations per 1,000 people ages 15-64 | Nigeria |
| 2020s | 0.6231 new registrations per 1,000 people ages 15-64 | 1.02 new registrations per 1,000 people ages 15-64 | 0.3933 new registrations per 1,000 people ages 15-64 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, El Salvador or Nigeria?
- El Salvador, at 1.14 new registrations per 1,000 people ages 15-64 against 1.12 new registrations per 1,000 people ages 15-64 in Nigeria as of 2024.
- What is the difference in new business density between El Salvador and Nigeria?
- 0.02 new registrations per 1,000 people ages 15-64, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Nigeria?
- 17 years are reported by both, from 2006 to 2022.
- How do El Salvador and Nigeria rank globally for new business density?
- El Salvador ranks 122nd and Nigeria ranks 124th 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.