Luxembourg vs United Kingdom of Great Britain and Northern Ireland: New business density
Luxembourg
19.61 new registrations per 1,000 people ages 15-64
in 2024
United Kingdom of Great Britain and Northern Ireland
19.19 new registrations per 1,000 people ages 15-64
in 2024
Luxembourg rank
7th
United Kingdom of Great Britain and Northern Ireland rank
8th
New business density over time
- Luxembourg
- United Kingdom of Great Britain and Northern Ireland
How they compare
Luxembourg currently reports 19.61 new registrations per 1,000 people ages 15-64 against 19.19 new registrations per 1,000 people ages 15-64 in United Kingdom of Great Britain and Northern Ireland, a difference of 0.42 new registrations per 1,000 people ages 15-64.
The two have swapped places 2 times across 17 shared years of data; in 2008 it was Luxembourg ahead.
Luxembourg ranks 7th and United Kingdom of Great Britain and Northern Ireland ranks 8th of 177 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Luxembourg | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.64 new registrations per 1,000 people ages 15-64 | 8.86 new registrations per 1,000 people ages 15-64 | 13.78 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2010s | 22.79 new registrations per 1,000 people ages 15-64 | 13.64 new registrations per 1,000 people ages 15-64 | 9.15 new registrations per 1,000 people ages 15-64 | Luxembourg |
| 2020s | 22.64 new registrations per 1,000 people ages 15-64 | 18.82 new registrations per 1,000 people ages 15-64 | 3.82 new registrations per 1,000 people ages 15-64 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Luxembourg or United Kingdom of Great Britain and Northern Ireland?
- Luxembourg, at 19.61 new registrations per 1,000 people ages 15-64 against 19.19 new registrations per 1,000 people ages 15-64 in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in new business density between Luxembourg and United Kingdom of Great Britain and Northern Ireland?
- 0.42 new registrations per 1,000 people ages 15-64, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and United Kingdom of Great Britain and Northern Ireland?
- 17 years are reported by both, from 2008 to 2024.
- How do Luxembourg and United Kingdom of Great Britain and Northern Ireland rank globally for new business density?
- Luxembourg ranks 7th and United Kingdom of Great Britain and Northern Ireland ranks 8th 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.