Guatemala vs Mexico: New business density
Guatemala
1.02 new registrations per 1,000 people ages 15-64
in 2024
Mexico
0.954 new registrations per 1,000 people ages 15-64
in 2024
Guatemala rank
129th
Mexico rank
132nd
New business density over time
- Guatemala
- Mexico
How they compare
Guatemala currently reports 1.02 new registrations per 1,000 people ages 15-64 against 0.954 new registrations per 1,000 people ages 15-64 in Mexico, a difference of 0.066 new registrations per 1,000 people ages 15-64.
That makes Guatemala's figure about 1.1 times Mexico's.
The two have swapped places 2 times across 19 shared years of data; in 2006 it was Guatemala ahead.
Guatemala ranks 129th and Mexico ranks 132nd of 177 countries.
Across the 3 decades both report, Guatemala averaged higher in 1 and Mexico in 2.
Head to head by decade
| Decade | Guatemala | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.6667 new registrations per 1,000 people ages 15-64 | 0.5829 new registrations per 1,000 people ages 15-64 | 0.0838 new registrations per 1,000 people ages 15-64 | Guatemala |
| 2010s | 0.5472 new registrations per 1,000 people ages 15-64 | 0.7247 new registrations per 1,000 people ages 15-64 | 0.1775 new registrations per 1,000 people ages 15-64 | Mexico |
| 2020s | 0.8076 new registrations per 1,000 people ages 15-64 | 0.8835 new registrations per 1,000 people ages 15-64 | 0.0759 new registrations per 1,000 people ages 15-64 | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Guatemala or Mexico?
- Guatemala, at 1.02 new registrations per 1,000 people ages 15-64 against 0.954 new registrations per 1,000 people ages 15-64 in Mexico as of 2024.
- What is the difference in new business density between Guatemala and Mexico?
- 0.066 new registrations per 1,000 people ages 15-64, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Mexico?
- 19 years are reported by both, from 2006 to 2024.
- How do Guatemala and Mexico rank globally for new business density?
- Guatemala ranks 129th and Mexico ranks 132nd 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.