Least developed countries vs Namibia: New business density
Least developed countries
0.3959 new registrations per 1,000 people ages 15-64
in 2020
Namibia
6.74 new registrations per 1,000 people ages 15-64
in 2024
Least developed countries rank
40th
Namibia rank
39th
New business density over time
- Least developed countries
- Namibia
How they compare
Namibia currently reports 6.74 new registrations per 1,000 people ages 15-64 against 0.3959 new registrations per 1,000 people ages 15-64 in Least developed countries, a difference of 6.34 new registrations per 1,000 people ages 15-64.
That makes Namibia's figure about 17.0 times Least developed countries's.
Across all 10 years both countries report, Namibia has been ahead every year.
Least developed countries ranks 40th and Namibia ranks 39th of 43 groups.
Namibia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.3055 new registrations per 1,000 people ages 15-64 | 9.51 new registrations per 1,000 people ages 15-64 | 9.21 new registrations per 1,000 people ages 15-64 | Namibia |
| 2020s | 0.3959 new registrations per 1,000 people ages 15-64 | 6.02 new registrations per 1,000 people ages 15-64 | 5.62 new registrations per 1,000 people ages 15-64 | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Least developed countries or Namibia?
- Namibia, at 6.74 new registrations per 1,000 people ages 15-64 against 0.3959 new registrations per 1,000 people ages 15-64 in Least developed countries as of 2024.
- What is the difference in new business density between Least developed countries and Namibia?
- 6.34 new registrations per 1,000 people ages 15-64, with Namibia ahead.
- How many years of comparable data are there for Least developed countries and Namibia?
- 10 years are reported by both, from 2011 to 2020.
- How do Least developed countries and Namibia rank globally for new business density?
- Least developed countries ranks 40th and Namibia ranks 39th of 43 groups.
- 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.