Naoero vs World: New business density
Naoero
15.23 new registrations per 1,000 people ages 15-64
in 2024
World
5.15 new registrations per 1,000 people ages 15-64
in 2024
Naoero rank
15th
World rank
12th
New business density over time
- Naoero
- World
How they compare
Naoero currently reports 15.23 new registrations per 1,000 people ages 15-64 against 5.15 new registrations per 1,000 people ages 15-64 in World, a difference of 10.08 new registrations per 1,000 people ages 15-64.
That makes Naoero's figure about 3.0 times World's.
The two have swapped places 2 times across 6 shared years of data; in 2019 it was Naoero ahead.
Naoero ranks 15th and World ranks 12th of 177 countries.
Naoero has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Naoero | World | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 15.3 new registrations per 1,000 people ages 15-64 | 4.2 new registrations per 1,000 people ages 15-64 | 11.1 new registrations per 1,000 people ages 15-64 | Naoero |
| 2020s | 6.45 new registrations per 1,000 people ages 15-64 | 5.23 new registrations per 1,000 people ages 15-64 | 1.23 new registrations per 1,000 people ages 15-64 | Naoero |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Naoero or World?
- Naoero, at 15.23 new registrations per 1,000 people ages 15-64 against 5.15 new registrations per 1,000 people ages 15-64 in World as of 2024.
- What is the difference in new business density between Naoero and World?
- 10.08 new registrations per 1,000 people ages 15-64, with Naoero ahead.
- How many years of comparable data are there for Naoero and World?
- 6 years are reported by both, from 2019 to 2024.
- How do Naoero and World rank globally for new business density?
- Naoero ranks 15th and World ranks 12th 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.