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
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.
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.