Hungary vs South Korea: New business density (new registrations per 1,000 people ages 15-64)
Hungary
3.83 new registrations per 1,000 people ages 15-64
in 2024
South Korea
3.51 new registrations per 1,000 people ages 15-64
in 2023
Hungary rank
63rd
South Korea rank
66th
New business density (new registrations per 1,000 people ages 15-64) over time
- Hungary
- South Korea
How they compare
Hungary currently reports 3.83 new registrations per 1,000 people ages 15-64 against 3.51 new registrations per 1,000 people ages 15-64 in South Korea, a difference of 0.32 new registrations per 1,000 people ages 15-64.
That makes Hungary's figure about 1.1 times South Korea's.
Across all 18 years both countries report, Hungary has been ahead every year.
Hungary ranks 63rd and South Korea ranks 66th of 177 countries.
Hungary has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Hungary | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.93 new registrations per 1,000 people ages 15-64 | 2.1 new registrations per 1,000 people ages 15-64 | 2.83 new registrations per 1,000 people ages 15-64 | Hungary |
| 2010s | 4.54 new registrations per 1,000 people ages 15-64 | 3.03 new registrations per 1,000 people ages 15-64 | 1.52 new registrations per 1,000 people ages 15-64 | Hungary |
| 2020s | 4.43 new registrations per 1,000 people ages 15-64 | 3.96 new registrations per 1,000 people ages 15-64 | 0.4684 new registrations per 1,000 people ages 15-64 | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Hungary or South Korea?
- Hungary, at 3.83 new registrations per 1,000 people ages 15-64 against 3.51 new registrations per 1,000 people ages 15-64 in South Korea as of 2024.
- What is the difference in new business density between Hungary and South Korea?
- 0.32 new registrations per 1,000 people ages 15-64, with Hungary ahead.
- How many years of comparable data are there for Hungary and South Korea?
- 18 years are reported by both, from 2006 to 2023.
- How do Hungary and South Korea rank globally for new business density?
- Hungary ranks 63rd and South Korea ranks 66th 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.