Georgia vs IDA blend: New business density
Georgia
7.62 new registrations per 1,000 people ages 15-64
in 2024
IDA blend
1.31 new registrations per 1,000 people ages 15-64
in 2022
Georgia rank
33rd
IDA blend rank
31st
New business density over time
- Georgia
- IDA blend
How they compare
Georgia currently reports 7.62 new registrations per 1,000 people ages 15-64 against 1.31 new registrations per 1,000 people ages 15-64 in IDA blend, a difference of 6.31 new registrations per 1,000 people ages 15-64.
That makes Georgia's figure about 5.8 times IDA blend's.
Across all 17 years both countries report, Georgia has been ahead every year.
Georgia ranks 33rd and IDA blend ranks 31st of 177 countries.
Georgia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | IDA blend | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.94 new registrations per 1,000 people ages 15-64 | 0.4301 new registrations per 1,000 people ages 15-64 | 2.51 new registrations per 1,000 people ages 15-64 | Georgia |
| 2010s | 7.8 new registrations per 1,000 people ages 15-64 | 0.5941 new registrations per 1,000 people ages 15-64 | 7.2 new registrations per 1,000 people ages 15-64 | Georgia |
| 2020s | 8.43 new registrations per 1,000 people ages 15-64 | 1.14 new registrations per 1,000 people ages 15-64 | 7.29 new registrations per 1,000 people ages 15-64 | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Georgia or IDA blend?
- Georgia, at 7.62 new registrations per 1,000 people ages 15-64 against 1.31 new registrations per 1,000 people ages 15-64 in IDA blend as of 2024.
- What is the difference in new business density between Georgia and IDA blend?
- 6.31 new registrations per 1,000 people ages 15-64, with Georgia ahead.
- How many years of comparable data are there for Georgia and IDA blend?
- 17 years are reported by both, from 2006 to 2022.
- How do Georgia and IDA blend rank globally for new business density?
- Georgia ranks 33rd and IDA blend ranks 31st 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.