Heavily indebted poor countries (HIPC) vs Mongolia: New business density
Heavily indebted poor countries (HIPC)
1.05 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
Heavily indebted poor countries (HIPC) rank
33rd
Mongolia rank
31st
New business density over time
- Heavily indebted poor countries (HIPC)
- Mongolia
How they compare
Mongolia currently reports 8.26 new registrations per 1,000 people ages 15-64 against 1.05 new registrations per 1,000 people ages 15-64 in Heavily indebted poor countries (HIPC), a difference of 7.21 new registrations per 1,000 people ages 15-64.
That makes Mongolia's figure about 7.9 times Heavily indebted poor countries (HIPC)'s.
Across all 12 years both countries report, Mongolia has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 33rd and Mongolia ranks 31st of 45 groups.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.4853 new registrations per 1,000 people ages 15-64 | 5.83 new registrations per 1,000 people ages 15-64 | 5.35 new registrations per 1,000 people ages 15-64 | Mongolia |
| 2020s | 0.9026 new registrations per 1,000 people ages 15-64 | 6.94 new registrations per 1,000 people ages 15-64 | 6.03 new registrations per 1,000 people ages 15-64 | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Heavily indebted poor countries (HIPC) or Mongolia?
- Mongolia, at 8.26 new registrations per 1,000 people ages 15-64 against 1.05 new registrations per 1,000 people ages 15-64 in Heavily indebted poor countries (HIPC) as of 2024.
- What is the difference in new business density between Heavily indebted poor countries (HIPC) and Mongolia?
- 7.21 new registrations per 1,000 people ages 15-64, with Mongolia ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Mongolia?
- 12 years are reported by both, from 2013 to 2024.
- How do Heavily indebted poor countries (HIPC) and Mongolia rank globally for new business density?
- Heavily indebted poor countries (HIPC) ranks 33rd and Mongolia ranks 31st 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.