North Macedonia vs Saudi Arabia: New business density
North Macedonia
5.18 new registrations per 1,000 people ages 15-64
in 2024
Saudi Arabia
5.46 new registrations per 1,000 people ages 15-64
in 2024
North Macedonia rank
50th
Saudi Arabia rank
47th
New business density over time
- North Macedonia
- Saudi Arabia
How they compare
Saudi Arabia currently reports 5.46 new registrations per 1,000 people ages 15-64 against 5.18 new registrations per 1,000 people ages 15-64 in North Macedonia, a difference of 0.28 new registrations per 1,000 people ages 15-64.
That makes Saudi Arabia's figure about 1.1 times North Macedonia's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was North Macedonia ahead.
North Macedonia ranks 50th and Saudi Arabia ranks 47th of 177 countries.
North Macedonia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | North Macedonia | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.6 new registrations per 1,000 people ages 15-64 | 0.4473 new registrations per 1,000 people ages 15-64 | 6.15 new registrations per 1,000 people ages 15-64 | North Macedonia |
| 2010s | 4.32 new registrations per 1,000 people ages 15-64 | 0.7897 new registrations per 1,000 people ages 15-64 | 3.53 new registrations per 1,000 people ages 15-64 | North Macedonia |
| 2020s | 5.08 new registrations per 1,000 people ages 15-64 | 2.22 new registrations per 1,000 people ages 15-64 | 2.86 new registrations per 1,000 people ages 15-64 | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, North Macedonia or Saudi Arabia?
- Saudi Arabia, at 5.46 new registrations per 1,000 people ages 15-64 against 5.18 new registrations per 1,000 people ages 15-64 in North Macedonia as of 2024.
- What is the difference in new business density between North Macedonia and Saudi Arabia?
- 0.28 new registrations per 1,000 people ages 15-64, with Saudi Arabia ahead.
- How many years of comparable data are there for North Macedonia and Saudi Arabia?
- 19 years are reported by both, from 2006 to 2024.
- How do North Macedonia and Saudi Arabia rank globally for new business density?
- North Macedonia ranks 50th and Saudi Arabia ranks 47th 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.