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
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.
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.