Low income vs Namibia: New business density
Low income
0.3596 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
Low income rank
43rd
Namibia rank
40th
New business density over time
- Low income
- Namibia
How they compare
Namibia currently reports 6.74 new registrations per 1,000 people ages 15-64 against 0.3596 new registrations per 1,000 people ages 15-64 in Low income, a difference of 6.38 new registrations per 1,000 people ages 15-64.
That makes Namibia's figure about 18.7 times Low income's.
Across all 7 years both countries report, Namibia has been ahead every year.
Low income ranks 43rd and Namibia ranks 40th of 45 groups.
Namibia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Low income | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.2853 new registrations per 1,000 people ages 15-64 | 9.89 new registrations per 1,000 people ages 15-64 | 9.61 new registrations per 1,000 people ages 15-64 | Namibia |
| 2020s | 0.3596 new registrations per 1,000 people ages 15-64 | 6.02 new registrations per 1,000 people ages 15-64 | 5.66 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, Low income or Namibia?
- Namibia, at 6.74 new registrations per 1,000 people ages 15-64 against 0.3596 new registrations per 1,000 people ages 15-64 in Low income as of 2024.
- What is the difference in new business density between Low income and Namibia?
- 6.38 new registrations per 1,000 people ages 15-64, with Namibia ahead.
- How many years of comparable data are there for Low income and Namibia?
- 7 years are reported by both, from 2014 to 2020.
- How do Low income and Namibia rank globally for new business density?
- Low income ranks 43rd and Namibia ranks 40th 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.