Republic of Korea vs Uruguay: New business density
Republic of Korea
3.51 new registrations per 1,000 people ages 15-64
in 2023
Uruguay
3.23 new registrations per 1,000 people ages 15-64
in 2024
Republic of Korea rank
66th
Uruguay rank
69th
New business density over time
- Republic of Korea
- Uruguay
How they compare
Republic of Korea currently reports 3.51 new registrations per 1,000 people ages 15-64 against 3.23 new registrations per 1,000 people ages 15-64 in Uruguay, a difference of 0.28 new registrations per 1,000 people ages 15-64.
That makes Republic of Korea's figure about 1.1 times Uruguay's.
The two have swapped places 3 times across 18 shared years of data; in 2006 it was Uruguay ahead.
Republic of Korea ranks 66th and Uruguay ranks 69th of 177 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.1 new registrations per 1,000 people ages 15-64 | 1.97 new registrations per 1,000 people ages 15-64 | 0.1338 new registrations per 1,000 people ages 15-64 | Republic of Korea |
| 2010s | 3.03 new registrations per 1,000 people ages 15-64 | 2.2 new registrations per 1,000 people ages 15-64 | 0.8238 new registrations per 1,000 people ages 15-64 | Republic of Korea |
| 2020s | 3.96 new registrations per 1,000 people ages 15-64 | 2.8 new registrations per 1,000 people ages 15-64 | 1.16 new registrations per 1,000 people ages 15-64 | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Republic of Korea or Uruguay?
- Republic of Korea, at 3.51 new registrations per 1,000 people ages 15-64 against 3.23 new registrations per 1,000 people ages 15-64 in Uruguay as of 2023.
- What is the difference in new business density between Republic of Korea and Uruguay?
- 0.28 new registrations per 1,000 people ages 15-64, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Uruguay?
- 18 years are reported by both, from 2006 to 2023.
- How do Republic of Korea and Uruguay rank globally for new business density?
- Republic of Korea ranks 66th and Uruguay ranks 69th 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.
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.