What is the difference in new business density between Kenya and Paraguay?

0.03 new registrations per 1,000 people ages 15-64, with Paraguay ahead.

How many years of comparable data are there for Kenya and Paraguay?

8 years are reported by both, from 2017 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.

Kenya vs Paraguay: New business density

Kenya

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

in 2024

Paraguay

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

in 2024

Kenya rank

104th

Paraguay rank

102nd

New business density over time

Kenya
Paraguay

How they compare

Paraguay currently reports 1.76 new registrations per 1,000 people ages 15-64 against 1.73 new registrations per 1,000 people ages 15-64 in Kenya, a difference of 0.03 new registrations per 1,000 people ages 15-64.

The two have swapped places 1 time across 8 shared years of data; in 2017 it was Kenya ahead.

Kenya ranks 104th and Paraguay ranks 102nd of 177 countries.

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

Head to head by decade

Decade	Kenya	Paraguay	Difference	Ahead
2010s	1.45 new registrations per 1,000 people ages 15-64	0.1166 new registrations per 1,000 people ages 15-64	1.33 new registrations per 1,000 people ages 15-64	Kenya
2020s	1.65 new registrations per 1,000 people ages 15-64	1.07 new registrations per 1,000 people ages 15-64	0.588 new registrations per 1,000 people ages 15-64	Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Kenya or Paraguay?: Paraguay, at 1.76 new registrations per 1,000 people ages 15-64 against 1.73 new registrations per 1,000 people ages 15-64 in Kenya as of 2024.
What is the difference in new business density between Kenya and Paraguay?: 0.03 new registrations per 1,000 people ages 15-64, with Paraguay ahead.
How many years of comparable data are there for Kenya and Paraguay?: 8 years are reported by both, from 2017 to 2024.
How do Kenya and Paraguay rank globally for new business density?: Kenya ranks 104th and Paraguay ranks 102nd 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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Kenya vs Paraguay: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 10 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/kenya/paraguay/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/kenya/paraguay/">Kenya vs Paraguay: 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.