Europe & Central Asia (IDA & IBRD countries) vs Singapore: New business density
New business density over time
- Europe & Central Asia (IDA & IBRD countries)
- Singapore
How they compare
Singapore currently reports 11.59 new registrations per 1,000 people ages 15-64 against 2.94 new registrations per 1,000 people ages 15-64 in Europe & Central Asia (IDA & IBRD countries), a difference of 8.65 new registrations per 1,000 people ages 15-64.
That makes Singapore's figure about 3.9 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 19 years both countries report, Singapore has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 23rd and Singapore ranks 20th of 45 groups.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.35 new registrations per 1,000 people ages 15-64 | 6.26 new registrations per 1,000 people ages 15-64 | 3.91 new registrations per 1,000 people ages 15-64 | Singapore |
| 2010s | 2.51 new registrations per 1,000 people ages 15-64 | 8.31 new registrations per 1,000 people ages 15-64 | 5.8 new registrations per 1,000 people ages 15-64 | Singapore |
| 2020s | 2.95 new registrations per 1,000 people ages 15-64 | 10.96 new registrations per 1,000 people ages 15-64 | 8.01 new registrations per 1,000 people ages 15-64 | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Europe & Central Asia (IDA & IBRD countries) or Singapore?
- Singapore, at 11.59 new registrations per 1,000 people ages 15-64 against 2.94 new registrations per 1,000 people ages 15-64 in Europe & Central Asia (IDA & IBRD countries) as of 2024.
- What is the difference in new business density between Europe & Central Asia (IDA & IBRD countries) and Singapore?
- 8.65 new registrations per 1,000 people ages 15-64, with Singapore ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Singapore?
- 19 years are reported by both, from 2006 to 2024.
- How do Europe & Central Asia (IDA & IBRD countries) and Singapore rank globally for new business density?
- Europe & Central Asia (IDA & IBRD countries) ranks 23rd and Singapore ranks 20th 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.