Isle of Man vs Other small states: New business density

Isle of Man
33.58 new registrations per 1,000 people ages 15-64
in 2024
Other small states
9.64 new registrations per 1,000 people ages 15-64
in 2024
Isle of Man rank
2nd
Other small states rank
5th

New business density over time

  • Isle of Man
  • Other small states
020406080200620152024

How they compare

Isle of Man currently reports 33.58 new registrations per 1,000 people ages 15-64 against 9.64 new registrations per 1,000 people ages 15-64 in Other small states, a difference of 23.94 new registrations per 1,000 people ages 15-64.

That makes Isle of Man's figure about 3.5 times Other small states's.

Across all 19 years both countries report, Isle of Man has been ahead every year.

Isle of Man ranks 2nd and Other small states ranks 5th of 177 countries.

Isle of Man has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Isle of Man Other small states Difference Ahead
2000s 65.61 new registrations per 1,000 people ages 15-64 6.35 new registrations per 1,000 people ages 15-64 59.26 new registrations per 1,000 people ages 15-64 Isle of Man
2010s 37.67 new registrations per 1,000 people ages 15-64 6.18 new registrations per 1,000 people ages 15-64 31.49 new registrations per 1,000 people ages 15-64 Isle of Man
2020s 32.54 new registrations per 1,000 people ages 15-64 7.92 new registrations per 1,000 people ages 15-64 24.62 new registrations per 1,000 people ages 15-64 Isle of Man

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Isle of Man or Other small states?
Isle of Man, at 33.58 new registrations per 1,000 people ages 15-64 against 9.64 new registrations per 1,000 people ages 15-64 in Other small states as of 2024.
What is the difference in new business density between Isle of Man and Other small states?
23.94 new registrations per 1,000 people ages 15-64, with Isle of Man ahead.
How many years of comparable data are there for Isle of Man and Other small states?
19 years are reported by both, from 2006 to 2024.
How do Isle of Man and Other small states rank globally for new business density?
Isle of Man ranks 2nd and Other small states ranks 5th 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.

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Isle of Man vs Other small states: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 15 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/isle-of-man/other-small-states/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/isle-of-man/other-small-states/">Isle of Man vs Other small states: 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.