Ethiopia vs Philippines: New business density

Ethiopia
0.6072 new registrations per 1,000 people ages 15-64
in 2024
Philippines
0.5071 new registrations per 1,000 people ages 15-64
in 2024
Ethiopia rank
145th
Philippines rank
148th

New business density over time

  • Ethiopia
  • Philippines
0.20.30.40.50.6200620152024

How they compare

Ethiopia currently reports 0.6072 new registrations per 1,000 people ages 15-64 against 0.5071 new registrations per 1,000 people ages 15-64 in Philippines, a difference of 0.1001 new registrations per 1,000 people ages 15-64.

That makes Ethiopia's figure about 1.2 times Philippines's.

The two have swapped places 3 times across 14 shared years of data; in 2011 it was Philippines ahead.

Ethiopia ranks 145th and Philippines ranks 148th of 177 countries.

Across the 2 decades both report, Ethiopia averaged higher in 1 and Philippines in 1.

Head to head by decade

Decade Ethiopia Philippines Difference Ahead
2010s 0.1934 new registrations per 1,000 people ages 15-64 0.3157 new registrations per 1,000 people ages 15-64 0.1223 new registrations per 1,000 people ages 15-64 Philippines
2020s 0.4495 new registrations per 1,000 people ages 15-64 0.3939 new registrations per 1,000 people ages 15-64 0.0556 new registrations per 1,000 people ages 15-64 Ethiopia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Ethiopia or Philippines?
Ethiopia, at 0.6072 new registrations per 1,000 people ages 15-64 against 0.5071 new registrations per 1,000 people ages 15-64 in Philippines as of 2024.
What is the difference in new business density between Ethiopia and Philippines?
0.1001 new registrations per 1,000 people ages 15-64, with Ethiopia ahead.
How many years of comparable data are there for Ethiopia and Philippines?
14 years are reported by both, from 2011 to 2024.
How do Ethiopia and Philippines rank globally for new business density?
Ethiopia ranks 145th and Philippines ranks 148th 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 Philippines: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 08 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/ethiopia/philippines/

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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/philippines/">Ethiopia vs Philippines: 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.