IBRD only vs Montenegro: New business density
IBRD only
5.98 new registrations per 1,000 people ages 15-64
in 2024
Montenegro
17.86 new registrations per 1,000 people ages 15-64
in 2024
IBRD only rank
8th
Montenegro rank
11th
New business density over time
- IBRD only
- Montenegro
How they compare
Montenegro currently reports 17.86 new registrations per 1,000 people ages 15-64 against 5.98 new registrations per 1,000 people ages 15-64 in IBRD only, a difference of 11.88 new registrations per 1,000 people ages 15-64.
That makes Montenegro's figure about 3.0 times IBRD only's.
Across all 17 years both countries report, Montenegro has been ahead every year.
IBRD only ranks 8th and Montenegro ranks 11th of 45 groups.
Montenegro has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | IBRD only | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.21 new registrations per 1,000 people ages 15-64 | 6.92 new registrations per 1,000 people ages 15-64 | 4.71 new registrations per 1,000 people ages 15-64 | Montenegro |
| 2010s | 4.16 new registrations per 1,000 people ages 15-64 | 7.45 new registrations per 1,000 people ages 15-64 | 3.29 new registrations per 1,000 people ages 15-64 | Montenegro |
| 2020s | 6.24 new registrations per 1,000 people ages 15-64 | 16.33 new registrations per 1,000 people ages 15-64 | 10.08 new registrations per 1,000 people ages 15-64 | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, IBRD only or Montenegro?
- Montenegro, at 17.86 new registrations per 1,000 people ages 15-64 against 5.98 new registrations per 1,000 people ages 15-64 in IBRD only as of 2024.
- What is the difference in new business density between IBRD only and Montenegro?
- 11.88 new registrations per 1,000 people ages 15-64, with Montenegro ahead.
- How many years of comparable data are there for IBRD only and Montenegro?
- 17 years are reported by both, from 2008 to 2024.
- How do IBRD only and Montenegro rank globally for new business density?
- IBRD only ranks 8th and Montenegro ranks 11th 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.