Nepal vs Senegal: New business density
Nepal
1.4 new registrations per 1,000 people ages 15-64
in 2020
Senegal
1.22 new registrations per 1,000 people ages 15-64
in 2024
Nepal rank
117th
Senegal rank
120th
New business density over time
- Nepal
- Senegal
How they compare
Nepal currently reports 1.4 new registrations per 1,000 people ages 15-64 against 1.22 new registrations per 1,000 people ages 15-64 in Senegal, a difference of 0.18 new registrations per 1,000 people ages 15-64.
That makes Nepal's figure about 1.1 times Senegal's.
The two have swapped places 3 times across 15 shared years of data; in 2006 it was Senegal ahead.
Nepal ranks 117th and Senegal ranks 120th of 177 countries.
Across the 3 decades both report, Nepal averaged higher in 2 and Senegal in 1.
Head to head by decade
| Decade | Nepal | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.4995 new registrations per 1,000 people ages 15-64 | 0.6491 new registrations per 1,000 people ages 15-64 | 0.1495 new registrations per 1,000 people ages 15-64 | Senegal |
| 2010s | 0.8323 new registrations per 1,000 people ages 15-64 | 0.6719 new registrations per 1,000 people ages 15-64 | 0.1603 new registrations per 1,000 people ages 15-64 | Nepal |
| 2020s | 1.4 new registrations per 1,000 people ages 15-64 | 0.9371 new registrations per 1,000 people ages 15-64 | 0.4614 new registrations per 1,000 people ages 15-64 | Nepal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Nepal or Senegal?
- Nepal, at 1.4 new registrations per 1,000 people ages 15-64 against 1.22 new registrations per 1,000 people ages 15-64 in Senegal as of 2020.
- What is the difference in new business density between Nepal and Senegal?
- 0.18 new registrations per 1,000 people ages 15-64, with Nepal ahead.
- How many years of comparable data are there for Nepal and Senegal?
- 15 years are reported by both, from 2006 to 2020.
- How do Nepal and Senegal rank globally for new business density?
- Nepal ranks 117th and Senegal ranks 120th 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.