Euro area vs South Africa: New business density
Euro area
4.38 new registrations per 1,000 people ages 15-64
in 2024
South Africa
11.46 new registrations per 1,000 people ages 15-64
in 2024
Euro area rank
18th
South Africa rank
21st
New business density over time
- Euro area
- South Africa
How they compare
South Africa currently reports 11.46 new registrations per 1,000 people ages 15-64 against 4.38 new registrations per 1,000 people ages 15-64 in Euro area, a difference of 7.08 new registrations per 1,000 people ages 15-64.
That makes South Africa's figure about 2.6 times Euro area's.
Across all 19 years both countries report, South Africa has been ahead every year.
Euro area ranks 18th and South Africa ranks 21st of 45 groups.
South Africa has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Euro area | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.06 new registrations per 1,000 people ages 15-64 | 8.6 new registrations per 1,000 people ages 15-64 | 5.54 new registrations per 1,000 people ages 15-64 | South Africa |
| 2010s | 3.24 new registrations per 1,000 people ages 15-64 | 8.28 new registrations per 1,000 people ages 15-64 | 5.04 new registrations per 1,000 people ages 15-64 | South Africa |
| 2020s | 3.99 new registrations per 1,000 people ages 15-64 | 11.01 new registrations per 1,000 people ages 15-64 | 7.02 new registrations per 1,000 people ages 15-64 | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Euro area or South Africa?
- South Africa, at 11.46 new registrations per 1,000 people ages 15-64 against 4.38 new registrations per 1,000 people ages 15-64 in Euro area as of 2024.
- What is the difference in new business density between Euro area and South Africa?
- 7.08 new registrations per 1,000 people ages 15-64, with South Africa ahead.
- How many years of comparable data are there for Euro area and South Africa?
- 19 years are reported by both, from 2006 to 2024.
- How do Euro area and South Africa rank globally for new business density?
- Euro area ranks 18th and South Africa ranks 21st of 45 groups.
- 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.