Georgia vs Mongolia: New business density
Georgia
7.62 new registrations per 1,000 people ages 15-64
in 2024
Mongolia
8.26 new registrations per 1,000 people ages 15-64
in 2024
Georgia rank
33rd
Mongolia rank
31st
New business density over time
- Georgia
- Mongolia
How they compare
Mongolia currently reports 8.26 new registrations per 1,000 people ages 15-64 against 7.62 new registrations per 1,000 people ages 15-64 in Georgia, a difference of 0.64 new registrations per 1,000 people ages 15-64.
That makes Mongolia's figure about 1.1 times Georgia's.
The two have swapped places 2 times across 19 shared years of data; in 2006 it was Mongolia ahead.
Georgia ranks 33rd and Mongolia ranks 31st of 177 countries.
Across the 3 decades both report, Georgia averaged higher in 2 and Mongolia in 1.
Head to head by decade
| Decade | Georgia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.94 new registrations per 1,000 people ages 15-64 | 6.23 new registrations per 1,000 people ages 15-64 | 3.28 new registrations per 1,000 people ages 15-64 | Mongolia |
| 2010s | 7.8 new registrations per 1,000 people ages 15-64 | 5.77 new registrations per 1,000 people ages 15-64 | 2.02 new registrations per 1,000 people ages 15-64 | Georgia |
| 2020s | 8.19 new registrations per 1,000 people ages 15-64 | 6.94 new registrations per 1,000 people ages 15-64 | 1.25 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 Mongolia?
- Mongolia, at 8.26 new registrations per 1,000 people ages 15-64 against 7.62 new registrations per 1,000 people ages 15-64 in Georgia as of 2024.
- What is the difference in new business density between Georgia and Mongolia?
- 0.64 new registrations per 1,000 people ages 15-64, with Mongolia ahead.
- How many years of comparable data are there for Georgia and Mongolia?
- 19 years are reported by both, from 2006 to 2024.
- How do Georgia and Mongolia rank globally for new business density?
- Georgia ranks 33rd and Mongolia 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.