Low & middle income vs New Zealand: New business density
Low & middle income
5.1 new registrations per 1,000 people ages 15-64
in 2024
New Zealand
16.05 new registrations per 1,000 people ages 15-64
in 2024
Low & middle income rank
13th
New Zealand rank
12th
New business density over time
- Low & middle income
- New Zealand
How they compare
New Zealand currently reports 16.05 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 10.95 new registrations per 1,000 people ages 15-64.
That makes New Zealand's figure about 3.1 times Low & middle income's.
Across all 17 years both countries report, New Zealand has been ahead every year.
Low & middle income ranks 13th and New Zealand ranks 12th of 45 groups.
New Zealand has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Low & middle income | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.86 new registrations per 1,000 people ages 15-64 | 17.92 new registrations per 1,000 people ages 15-64 | 16.06 new registrations per 1,000 people ages 15-64 | New Zealand |
| 2010s | 3.4 new registrations per 1,000 people ages 15-64 | 16.59 new registrations per 1,000 people ages 15-64 | 13.19 new registrations per 1,000 people ages 15-64 | New Zealand |
| 2020s | 5.25 new registrations per 1,000 people ages 15-64 | 17.17 new registrations per 1,000 people ages 15-64 | 11.92 new registrations per 1,000 people ages 15-64 | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Low & middle income or New Zealand?
- New Zealand, at 16.05 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 New Zealand?
- 10.95 new registrations per 1,000 people ages 15-64, with New Zealand ahead.
- How many years of comparable data are there for Low & middle income and New Zealand?
- 17 years are reported by both, from 2008 to 2024.
- How do Low & middle income and New Zealand rank globally for new business density?
- Low & middle income ranks 13th and New Zealand ranks 12th 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.