Madagascar vs Palestine: New business density (new registrations per 1,000 people ages 15-64)

Madagascar
0.1204 new registrations per 1,000 people ages 15-64
in 2024
Palestine
0.1708 new registrations per 1,000 people ages 15-64
in 2024
Madagascar rank
167th
Palestine rank
164th

New business density (new registrations per 1,000 people ages 15-64) over time

  • Madagascar
  • Palestine
0.10.20.30.40.5200620152024

How they compare

Palestine currently reports 0.1708 new registrations per 1,000 people ages 15-64 against 0.1204 new registrations per 1,000 people ages 15-64 in Madagascar, a difference of 0.0504 new registrations per 1,000 people ages 15-64.

That makes Palestine's figure about 1.4 times Madagascar's.

The two have swapped places 2 times across 11 shared years of data; in 2014 it was Palestine ahead.

Madagascar ranks 167th and Palestine ranks 164th of 177 countries.

Palestine has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Madagascar Palestine Difference Ahead
2010s 0.112 new registrations per 1,000 people ages 15-64 0.3674 new registrations per 1,000 people ages 15-64 0.2554 new registrations per 1,000 people ages 15-64 Palestine
2020s 0.1106 new registrations per 1,000 people ages 15-64 0.2276 new registrations per 1,000 people ages 15-64 0.117 new registrations per 1,000 people ages 15-64 Palestine

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Madagascar or Palestine?
Palestine, at 0.1708 new registrations per 1,000 people ages 15-64 against 0.1204 new registrations per 1,000 people ages 15-64 in Madagascar as of 2024.
What is the difference in new business density between Madagascar and Palestine?
0.0504 new registrations per 1,000 people ages 15-64, with Palestine ahead.
How many years of comparable data are there for Madagascar and Palestine?
11 years are reported by both, from 2014 to 2024.
How do Madagascar and Palestine rank globally for new business density?
Madagascar ranks 167th and Palestine ranks 164th 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.

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Madagascar vs Palestine: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 08 November 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/madagascar/west-bank-and-gaza/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/madagascar/west-bank-and-gaza/">Madagascar vs Palestine: New business density</a> — Statizoid

About this data

Indicator
New business density (new registrations per 1,000 people ages 15-64)
Unit
new registrations per 1,000 people ages 15-64
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 3,644 data points, 2006–2024
Last refreshed

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.