IDA only vs Namibia: New business density

IDA only
0.4452 new registrations per 1,000 people ages 15-64
in 2020
Namibia
6.74 new registrations per 1,000 people ages 15-64
in 2024
IDA only rank
41st
Namibia rank
40th

New business density over time

  • IDA only
  • Namibia
02.557.51012.5200620152024

How they compare

Namibia currently reports 6.74 new registrations per 1,000 people ages 15-64 against 0.4452 new registrations per 1,000 people ages 15-64 in IDA only, a difference of 6.29 new registrations per 1,000 people ages 15-64.

That makes Namibia's figure about 15.1 times IDA only's.

Across all 10 years both countries report, Namibia has been ahead every year.

IDA only ranks 41st and Namibia ranks 40th of 45 groups.

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

Head to head by decade

Decade IDA only Namibia Difference Ahead
2010s 0.3432 new registrations per 1,000 people ages 15-64 9.51 new registrations per 1,000 people ages 15-64 9.17 new registrations per 1,000 people ages 15-64 Namibia
2020s 0.4452 new registrations per 1,000 people ages 15-64 6.02 new registrations per 1,000 people ages 15-64 5.57 new registrations per 1,000 people ages 15-64 Namibia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, IDA only or Namibia?
Namibia, at 6.74 new registrations per 1,000 people ages 15-64 against 0.4452 new registrations per 1,000 people ages 15-64 in IDA only as of 2024.
What is the difference in new business density between IDA only and Namibia?
6.29 new registrations per 1,000 people ages 15-64, with Namibia ahead.
How many years of comparable data are there for IDA only and Namibia?
10 years are reported by both, from 2011 to 2020.
How do IDA only and Namibia rank globally for new business density?
IDA only ranks 41st and Namibia ranks 40th 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 only vs Namibia: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 05 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/ida-only/namibia/

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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-only/namibia/">IDA only vs Namibia: 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

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