Lao People's Democratic Republic vs Vanuatu: New business density
Lao People's Democratic Republic
1.57 new registrations per 1,000 people ages 15-64
in 2024
Vanuatu
1.58 new registrations per 1,000 people ages 15-64
in 2018
Lao People's Democratic Republic rank
110th
Vanuatu rank
108th
New business density over time
- Lao People's Democratic Republic
- Vanuatu
How they compare
Vanuatu currently reports 1.58 new registrations per 1,000 people ages 15-64 against 1.57 new registrations per 1,000 people ages 15-64 in Lao People's Democratic Republic, a difference of 0.01 new registrations per 1,000 people ages 15-64.
The two have swapped places 2 times across 11 shared years of data; in 2008 it was Vanuatu ahead.
Lao People's Democratic Republic ranks 110th and Vanuatu ranks 108th of 177 countries.
Vanuatu has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.3099 new registrations per 1,000 people ages 15-64 | 0.3344 new registrations per 1,000 people ages 15-64 | 0.0245 new registrations per 1,000 people ages 15-64 | Vanuatu |
| 2010s | 0.2681 new registrations per 1,000 people ages 15-64 | 0.7311 new registrations per 1,000 people ages 15-64 | 0.463 new registrations per 1,000 people ages 15-64 | Vanuatu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Lao People's Democratic Republic or Vanuatu?
- Vanuatu, at 1.58 new registrations per 1,000 people ages 15-64 against 1.57 new registrations per 1,000 people ages 15-64 in Lao People's Democratic Republic as of 2018.
- What is the difference in new business density between Lao People's Democratic Republic and Vanuatu?
- 0.01 new registrations per 1,000 people ages 15-64, with Vanuatu ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Vanuatu?
- 11 years are reported by both, from 2008 to 2018.
- How do Lao People's Democratic Republic and Vanuatu rank globally for new business density?
- Lao People's Democratic Republic ranks 110th and Vanuatu ranks 108th 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.