Hong Kong vs Upper middle income: New business density (new registrations per 1,000 people ages 15-64)
Hong Kong
28.85 new registrations per 1,000 people ages 15-64
in 2024
Upper middle income
9.26 new registrations per 1,000 people ages 15-64
in 2024
Hong Kong rank
3rd
Upper middle income rank
6th
New business density (new registrations per 1,000 people ages 15-64) over time
- Hong Kong
- Upper middle income
How they compare
Hong Kong currently reports 28.85 new registrations per 1,000 people ages 15-64 against 9.26 new registrations per 1,000 people ages 15-64 in Upper middle income, a difference of 19.59 new registrations per 1,000 people ages 15-64.
That makes Hong Kong's figure about 3.1 times Upper middle income's.
Across all 17 years both countries report, Hong Kong has been ahead every year.
Hong Kong ranks 3rd and Upper middle income ranks 6th of 177 countries.
Hong Kong has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Hong Kong | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.11 new registrations per 1,000 people ages 15-64 | 3.12 new registrations per 1,000 people ages 15-64 | 16.99 new registrations per 1,000 people ages 15-64 | Hong Kong |
| 2010s | 28.27 new registrations per 1,000 people ages 15-64 | 6.21 new registrations per 1,000 people ages 15-64 | 22.06 new registrations per 1,000 people ages 15-64 | Hong Kong |
| 2020s | 23.23 new registrations per 1,000 people ages 15-64 | 9.69 new registrations per 1,000 people ages 15-64 | 13.54 new registrations per 1,000 people ages 15-64 | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Hong Kong or Upper middle income?
- Hong Kong, at 28.85 new registrations per 1,000 people ages 15-64 against 9.26 new registrations per 1,000 people ages 15-64 in Upper middle income as of 2024.
- What is the difference in new business density between Hong Kong and Upper middle income?
- 19.59 new registrations per 1,000 people ages 15-64, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Upper middle income?
- 17 years are reported by both, from 2008 to 2024.
- How do Hong Kong and Upper middle income rank globally for new business density?
- Hong Kong ranks 3rd and Upper middle income ranks 6th 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.