Kenya vs Thailand: New business density

Kenya
1.73 new registrations per 1,000 people ages 15-64
in 2024
Thailand
1.75 new registrations per 1,000 people ages 15-64
in 2024
Kenya rank
104th
Thailand rank
103rd

New business density over time

  • Kenya
  • Thailand
00.511.5200620152024

How they compare

Thailand currently reports 1.75 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 0.02 new registrations per 1,000 people ages 15-64.

The two have swapped places 2 times across 8 shared years of data; in 2017 it was Thailand ahead.

Kenya ranks 104th and Thailand ranks 103rd of 177 countries.

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

Head to head by decade

Decade Kenya Thailand Difference Ahead
2010s 1.45 new registrations per 1,000 people ages 15-64 1.43 new registrations per 1,000 people ages 15-64 0.0184 new registrations per 1,000 people ages 15-64 Kenya
2020s 1.65 new registrations per 1,000 people ages 15-64 1.53 new registrations per 1,000 people ages 15-64 0.1247 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 Thailand?
Thailand, at 1.75 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 Thailand?
0.02 new registrations per 1,000 people ages 15-64, with Thailand ahead.
How many years of comparable data are there for Kenya and Thailand?
8 years are reported by both, from 2017 to 2024.
How do Kenya and Thailand rank globally for new business density?
Kenya ranks 104th and Thailand ranks 103rd 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 Thailand: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 09 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/kenya/thailand/

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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/thailand/">Kenya vs Thailand: 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.