Ethiopia vs Guinea: New business density

Ethiopia
0.6072 new registrations per 1,000 people ages 15-64
in 2024
Guinea
0.6853 new registrations per 1,000 people ages 15-64
in 2024
Ethiopia rank
145th
Guinea rank
142nd

New business density over time

  • Ethiopia
  • Guinea
0.250.50.7511.2201120172024

How they compare

Guinea currently reports 0.6853 new registrations per 1,000 people ages 15-64 against 0.6072 new registrations per 1,000 people ages 15-64 in Ethiopia, a difference of 0.0781 new registrations per 1,000 people ages 15-64.

That makes Guinea's figure about 1.1 times Ethiopia's.

The two have swapped places 1 time across 11 shared years of data; in 2014 it was Ethiopia ahead.

Ethiopia ranks 145th and Guinea ranks 142nd of 177 countries.

Guinea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Ethiopia Guinea Difference Ahead
2010s 0.1972 new registrations per 1,000 people ages 15-64 0.3125 new registrations per 1,000 people ages 15-64 0.1152 new registrations per 1,000 people ages 15-64 Guinea
2020s 0.4495 new registrations per 1,000 people ages 15-64 0.7132 new registrations per 1,000 people ages 15-64 0.2637 new registrations per 1,000 people ages 15-64 Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Ethiopia or Guinea?
Guinea, at 0.6853 new registrations per 1,000 people ages 15-64 against 0.6072 new registrations per 1,000 people ages 15-64 in Ethiopia as of 2024.
What is the difference in new business density between Ethiopia and Guinea?
0.0781 new registrations per 1,000 people ages 15-64, with Guinea ahead.
How many years of comparable data are there for Ethiopia and Guinea?
11 years are reported by both, from 2014 to 2024.
How do Ethiopia and Guinea rank globally for new business density?
Ethiopia ranks 145th and Guinea ranks 142nd 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.

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Ethiopia vs Guinea: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 09 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/ethiopia/guinea/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/ethiopia/guinea/">Ethiopia vs Guinea: New business density</a> — Statizoid

About this data

Indicator
New business density (new registrations per 1,000 people ages 15-64)
Unit
new registrations per 1,000 people ages 15-64
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 3,644 data points, 2006–2024
Last refreshed

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.