Estonia vs Luxembourg: New business density
Estonia
26.76 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
Estonia rank
4th
Luxembourg rank
7th
New business density over time
- Estonia
- Luxembourg
How they compare
Estonia currently reports 26.76 new registrations per 1,000 people ages 15-64 against 19.61 new registrations per 1,000 people ages 15-64 in Luxembourg, a difference of 7.15 new registrations per 1,000 people ages 15-64.
That makes Estonia's figure about 1.4 times Luxembourg's.
The two have swapped places 3 times across 17 shared years of data; in 2008 it was Luxembourg ahead.
Estonia ranks 4th and Luxembourg ranks 7th of 177 countries.
Across the 3 decades both report, Estonia averaged higher in 1 and Luxembourg in 2.
Head to head by decade
| Decade | Estonia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.88 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 12.76 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2010s | 18 new registrations per 1,000 people ages 15-64 | 22.79 new registrations per 1,000 people ages 15-64 | 4.79 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2020s | 25.87 new registrations per 1,000 people ages 15-64 | 22.64 new registrations per 1,000 people ages 15-64 | 3.23 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 Luxembourg?
- Estonia, at 26.76 new registrations per 1,000 people ages 15-64 against 19.61 new registrations per 1,000 people ages 15-64 in Luxembourg as of 2024.
- What is the difference in new business density between Estonia and Luxembourg?
- 7.15 new registrations per 1,000 people ages 15-64, with Estonia ahead.
- How many years of comparable data are there for Estonia and Luxembourg?
- 17 years are reported by both, from 2008 to 2024.
- How do Estonia and Luxembourg rank globally for new business density?
- Estonia ranks 4th and Luxembourg ranks 7th 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.