Nigeria vs Solomon Islands: New business density

Nigeria
1.12 new registrations per 1,000 people ages 15-64
in 2022
Solomon Islands
1.09 new registrations per 1,000 people ages 15-64
in 2018
Nigeria rank
124th
Solomon Islands rank
125th

New business density over time

  • Nigeria
  • Solomon Islands
0.20.40.60.811.2200620142022

How they compare

Nigeria currently reports 1.12 new registrations per 1,000 people ages 15-64 against 1.09 new registrations per 1,000 people ages 15-64 in Solomon Islands, a difference of 0.03 new registrations per 1,000 people ages 15-64.

The two have swapped places 1 time across 13 shared years of data; in 2006 it was Nigeria ahead.

Nigeria ranks 124th and Solomon Islands ranks 125th of 177 countries.

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

Head to head by decade

Decade Nigeria Solomon Islands Difference Ahead
2000s 0.6358 new registrations per 1,000 people ages 15-64 0.1487 new registrations per 1,000 people ages 15-64 0.4871 new registrations per 1,000 people ages 15-64 Nigeria
2010s 0.7663 new registrations per 1,000 people ages 15-64 0.5193 new registrations per 1,000 people ages 15-64 0.2471 new registrations per 1,000 people ages 15-64 Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Nigeria or Solomon Islands?
Nigeria, at 1.12 new registrations per 1,000 people ages 15-64 against 1.09 new registrations per 1,000 people ages 15-64 in Solomon Islands as of 2022.
What is the difference in new business density between Nigeria and Solomon Islands?
0.03 new registrations per 1,000 people ages 15-64, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Solomon Islands?
13 years are reported by both, from 2006 to 2018.
How do Nigeria and Solomon Islands rank globally for new business density?
Nigeria ranks 124th and Solomon Islands ranks 125th 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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Nigeria vs Solomon Islands: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 12 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/nigeria/solomon-islands/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/nigeria/solomon-islands/">Nigeria vs Solomon Islands: 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.