Latvia vs Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): New business density
New business density over time
- Latvia
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
How they compare
Latvia currently reports 7.02 new registrations per 1,000 people ages 15-64 against 0.4815 new registrations per 1,000 people ages 15-64 in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 6.54 new registrations per 1,000 people ages 15-64.
That makes Latvia's figure about 14.6 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.
Across all 17 years both countries report, Latvia has been ahead every year.
Latvia ranks 36th and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 39th of 177 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.65 new registrations per 1,000 people ages 15-64 | 0.2404 new registrations per 1,000 people ages 15-64 | 6.41 new registrations per 1,000 people ages 15-64 | Latvia |
| 2010s | 9.59 new registrations per 1,000 people ages 15-64 | 0.2993 new registrations per 1,000 people ages 15-64 | 9.29 new registrations per 1,000 people ages 15-64 | Latvia |
| 2020s | 6.9 new registrations per 1,000 people ages 15-64 | 0.4786 new registrations per 1,000 people ages 15-64 | 6.43 new registrations per 1,000 people ages 15-64 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Latvia or Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- Latvia, at 7.02 new registrations per 1,000 people ages 15-64 against 0.4815 new registrations per 1,000 people ages 15-64 in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2024.
- What is the difference in new business density between Latvia and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 6.54 new registrations per 1,000 people ages 15-64, with Latvia ahead.
- How many years of comparable data are there for Latvia and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 17 years are reported by both, from 2006 to 2022.
- How do Latvia and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank globally for new business density?
- Latvia ranks 36th and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 39th 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.