Low & middle income vs Naoero: New business density
Low & middle income
5.1 new registrations per 1,000 people ages 15-64
in 2024
Naoero
15.23 new registrations per 1,000 people ages 15-64
in 2024
Low & middle income rank
13th
Naoero rank
15th
New business density over time
- Low & middle income
- Naoero
How they compare
Naoero currently reports 15.23 new registrations per 1,000 people ages 15-64 against 5.1 new registrations per 1,000 people ages 15-64 in Low & middle income, a difference of 10.13 new registrations per 1,000 people ages 15-64.
That makes Naoero's figure about 3.0 times Low & middle income's.
The two have swapped places 2 times across 6 shared years of data; in 2019 it was Naoero ahead.
Low & middle income ranks 13th and Naoero ranks 15th of 45 groups.
Naoero has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Low & middle income | Naoero | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.13 new registrations per 1,000 people ages 15-64 | 15.3 new registrations per 1,000 people ages 15-64 | 11.16 new registrations per 1,000 people ages 15-64 | Naoero |
| 2020s | 5.25 new registrations per 1,000 people ages 15-64 | 6.45 new registrations per 1,000 people ages 15-64 | 1.2 new registrations per 1,000 people ages 15-64 | Naoero |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Low & middle income or Naoero?
- Naoero, at 15.23 new registrations per 1,000 people ages 15-64 against 5.1 new registrations per 1,000 people ages 15-64 in Low & middle income as of 2024.
- What is the difference in new business density between Low & middle income and Naoero?
- 10.13 new registrations per 1,000 people ages 15-64, with Naoero ahead.
- How many years of comparable data are there for Low & middle income and Naoero?
- 6 years are reported by both, from 2019 to 2024.
- How do Low & middle income and Naoero rank globally for new business density?
- Low & middle income ranks 13th and Naoero ranks 15th of 45 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.