Nigeria vs Tuvalu: New business density
Nigeria
1.12 new registrations per 1,000 people ages 15-64
in 2022
Tuvalu
1.13 new registrations per 1,000 people ages 15-64
in 2022
Nigeria rank
124th
Tuvalu rank
123rd
New business density over time
- Nigeria
- Tuvalu
How they compare
Tuvalu currently reports 1.13 new registrations per 1,000 people ages 15-64 against 1.12 new registrations per 1,000 people ages 15-64 in Nigeria, a difference of 0.01 new registrations per 1,000 people ages 15-64.
The two have swapped places 8 times across 17 shared years of data; in 2006 it was Tuvalu ahead.
Nigeria ranks 124th and Tuvalu ranks 123rd of 177 countries.
Tuvalu has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nigeria | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.6358 new registrations per 1,000 people ages 15-64 | 0.6477 new registrations per 1,000 people ages 15-64 | 0.012 new registrations per 1,000 people ages 15-64 | Tuvalu |
| 2010s | 0.7702 new registrations per 1,000 people ages 15-64 | 0.973 new registrations per 1,000 people ages 15-64 | 0.2028 new registrations per 1,000 people ages 15-64 | Tuvalu |
| 2020s | 1.02 new registrations per 1,000 people ages 15-64 | 1.21 new registrations per 1,000 people ages 15-64 | 0.1911 new registrations per 1,000 people ages 15-64 | Tuvalu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Nigeria or Tuvalu?
- Tuvalu, at 1.13 new registrations per 1,000 people ages 15-64 against 1.12 new registrations per 1,000 people ages 15-64 in Nigeria as of 2022.
- What is the difference in new business density between Nigeria and Tuvalu?
- 0.01 new registrations per 1,000 people ages 15-64, with Tuvalu ahead.
- How many years of comparable data are there for Nigeria and Tuvalu?
- 17 years are reported by both, from 2006 to 2022.
- How do Nigeria and Tuvalu rank globally for new business density?
- Nigeria ranks 124th and Tuvalu ranks 123rd 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.