Liberia vs Somalia: New business density
Liberia
0.052 new registrations per 1,000 people ages 15-64
in 2024
Somalia
0.0202 new registrations per 1,000 people ages 15-64
in 2024
Liberia rank
175th
Somalia rank
177th
New business density over time
- Liberia
- Somalia
How they compare
Liberia currently reports 0.052 new registrations per 1,000 people ages 15-64 against 0.0202 new registrations per 1,000 people ages 15-64 in Somalia, a difference of 0.0318 new registrations per 1,000 people ages 15-64.
That makes Liberia's figure about 2.6 times Somalia's.
The two have swapped places 3 times across 9 shared years of data; in 2016 it was Somalia ahead.
Liberia ranks 175th and Somalia ranks 177th of 177 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Liberia | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.0163 new registrations per 1,000 people ages 15-64 | 0.1509 new registrations per 1,000 people ages 15-64 | 0.1346 new registrations per 1,000 people ages 15-64 | Somalia |
| 2020s | 0.034 new registrations per 1,000 people ages 15-64 | 0.039 new registrations per 1,000 people ages 15-64 | 0.005 new registrations per 1,000 people ages 15-64 | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Liberia or Somalia?
- Liberia, at 0.052 new registrations per 1,000 people ages 15-64 against 0.0202 new registrations per 1,000 people ages 15-64 in Somalia as of 2024.
- What is the difference in new business density between Liberia and Somalia?
- 0.0318 new registrations per 1,000 people ages 15-64, with Liberia ahead.
- How many years of comparable data are there for Liberia and Somalia?
- 9 years are reported by both, from 2016 to 2024.
- How do Liberia and Somalia rank globally for new business density?
- Liberia ranks 175th and Somalia ranks 177th 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.