Estonia vs Hong Kong, China: New business density
Estonia
26.76 new registrations per 1,000 people ages 15-64
in 2024
Hong Kong, China
28.85 new registrations per 1,000 people ages 15-64
in 2024
Estonia rank
4th
Hong Kong, China rank
3rd
New business density over time
- Estonia
- Hong Kong, China
How they compare
Hong Kong, China currently reports 28.85 new registrations per 1,000 people ages 15-64 against 26.76 new registrations per 1,000 people ages 15-64 in Estonia, a difference of 2.09 new registrations per 1,000 people ages 15-64.
That makes Hong Kong, China's figure about 1.1 times Estonia's.
The two have swapped places 2 times across 19 shared years of data; in 2006 it was Hong Kong, China ahead.
Estonia ranks 4th and Hong Kong, China ranks 3rd of 177 countries.
Across the 3 decades both report, Estonia averaged higher in 1 and Hong Kong, China in 2.
Head to head by decade
| Decade | Estonia | Hong Kong, China | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.43 new registrations per 1,000 people ages 15-64 | 19.05 new registrations per 1,000 people ages 15-64 | 7.62 new registrations per 1,000 people ages 15-64 | Hong Kong, China |
| 2010s | 18 new registrations per 1,000 people ages 15-64 | 28.27 new registrations per 1,000 people ages 15-64 | 10.27 new registrations per 1,000 people ages 15-64 | Hong Kong, China |
| 2020s | 25.87 new registrations per 1,000 people ages 15-64 | 23.23 new registrations per 1,000 people ages 15-64 | 2.64 new registrations per 1,000 people ages 15-64 | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Estonia or Hong Kong, China?
- Hong Kong, China, at 28.85 new registrations per 1,000 people ages 15-64 against 26.76 new registrations per 1,000 people ages 15-64 in Estonia as of 2024.
- What is the difference in new business density between Estonia and Hong Kong, China?
- 2.09 new registrations per 1,000 people ages 15-64, with Hong Kong, China ahead.
- How many years of comparable data are there for Estonia and Hong Kong, China?
- 19 years are reported by both, from 2006 to 2024.
- How do Estonia and Hong Kong, China rank globally for new business density?
- Estonia ranks 4th and Hong Kong, China ranks 3rd 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.