What is the difference in new business density between IDA & IBRD total and Naoero?

10.19 new registrations per 1,000 people ages 15-64, with Naoero ahead.

How many years of comparable data are there for IDA & IBRD total and Naoero?

6 years are reported by both, from 2019 to 2024.

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.

IDA & IBRD total vs Naoero: New business density

IDA & IBRD total

5.04 new registrations per 1,000 people ages 15-64

in 2024

Naoero

15.23 new registrations per 1,000 people ages 15-64

in 2024

IDA & IBRD total rank

14th

Naoero rank

15th

New business density over time

IDA & IBRD total
Naoero

How they compare

Naoero currently reports 15.23 new registrations per 1,000 people ages 15-64 against 5.04 new registrations per 1,000 people ages 15-64 in IDA & IBRD total, a difference of 10.19 new registrations per 1,000 people ages 15-64.

That makes Naoero's figure about 3.0 times IDA & IBRD total's.

The two have swapped places 2 times across 6 shared years of data; in 2019 it was Naoero ahead.

IDA & IBRD total ranks 14th and Naoero ranks 15th of 45 groups.

Naoero has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	IDA & IBRD total	Naoero	Difference	Ahead
2010s	4.13 new registrations per 1,000 people ages 15-64	15.3 new registrations per 1,000 people ages 15-64	11.17 new registrations per 1,000 people ages 15-64	Naoero
2020s	5.2 new registrations per 1,000 people ages 15-64	6.45 new registrations per 1,000 people ages 15-64	1.26 new registrations per 1,000 people ages 15-64	Naoero

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, IDA & IBRD total or Naoero?: Naoero, at 15.23 new registrations per 1,000 people ages 15-64 against 5.04 new registrations per 1,000 people ages 15-64 in IDA & IBRD total as of 2024.
What is the difference in new business density between IDA & IBRD total and Naoero?: 10.19 new registrations per 1,000 people ages 15-64, with Naoero ahead.
How many years of comparable data are there for IDA & IBRD total and Naoero?: 6 years are reported by both, from 2019 to 2024.
How do IDA & IBRD total and Naoero rank globally for new business density?: IDA & IBRD total ranks 14th and Naoero ranks 15th 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.

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IDA & IBRD total vs Naoero: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 14 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/ida-and-ibrd-total/naoero/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/ida-and-ibrd-total/naoero/">IDA & IBRD total vs Naoero: New business density</a> — Statizoid

About this data

Indicator: New business density (new registrations per 1,000 people ages 15-64)
Unit: new registrations per 1,000 people ages 15-64
Source: Entrepreneurship Database, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 222 places, 3,644 data points, 2006–2024
Last refreshed: 03 September 2026

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.