Nauru vs OECD members: New business density (new registrations per 1,000 people ages 15-64)
Nauru
15.23 new registrations per 1,000 people ages 15-64
in 2024
OECD members
4.46 new registrations per 1,000 people ages 15-64
in 2023
Nauru rank
15th
OECD members rank
16th
New business density (new registrations per 1,000 people ages 15-64) over time
- Nauru
- OECD members
How they compare
Nauru currently reports 15.23 new registrations per 1,000 people ages 15-64 against 4.46 new registrations per 1,000 people ages 15-64 in OECD members, a difference of 10.77 new registrations per 1,000 people ages 15-64.
That makes Nauru's figure about 3.4 times OECD members's.
The two have swapped places 1 time across 5 shared years of data; in 2019 it was Nauru ahead.
Nauru ranks 15th and OECD members ranks 16th of 177 countries.
Across the 2 decades both report, Nauru averaged higher in 1 and OECD members in 1.
Head to head by decade
| Decade | Nauru | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 15.3 new registrations per 1,000 people ages 15-64 | 3.83 new registrations per 1,000 people ages 15-64 | 11.47 new registrations per 1,000 people ages 15-64 | Nauru |
| 2020s | 4.26 new registrations per 1,000 people ages 15-64 | 4.33 new registrations per 1,000 people ages 15-64 | 0.0694 new registrations per 1,000 people ages 15-64 | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Nauru or OECD members?
- Nauru, at 15.23 new registrations per 1,000 people ages 15-64 against 4.46 new registrations per 1,000 people ages 15-64 in OECD members as of 2024.
- What is the difference in new business density between Nauru and OECD members?
- 10.77 new registrations per 1,000 people ages 15-64, with Nauru ahead.
- How many years of comparable data are there for Nauru and OECD members?
- 5 years are reported by both, from 2019 to 2023.
- How do Nauru and OECD members rank globally for new business density?
- Nauru ranks 15th and OECD members ranks 16th 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.