Small states vs United Kingdom of Great Britain and Northern Ireland: New business density

Small states
6.46 new registrations per 1,000 people ages 15-64
in 2022
United Kingdom of Great Britain and Northern Ireland
19.19 new registrations per 1,000 people ages 15-64
in 2024
Small states rank
7th
United Kingdom of Great Britain and Northern Ireland rank
8th

New business density over time

  • Small states
  • United Kingdom of Great Britain and Northern Ireland
5101520200620152024

How they compare

United Kingdom of Great Britain and Northern Ireland currently reports 19.19 new registrations per 1,000 people ages 15-64 against 6.46 new registrations per 1,000 people ages 15-64 in Small states, a difference of 12.73 new registrations per 1,000 people ages 15-64.

That makes United Kingdom of Great Britain and Northern Ireland's figure about 3.0 times Small states's.

Across all 17 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.

Small states ranks 7th and United Kingdom of Great Britain and Northern Ireland ranks 8th of 45 groups.

United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Small states United Kingdom of Great Britain and Northern Ireland Difference Ahead
2000s 4.85 new registrations per 1,000 people ages 15-64 9.73 new registrations per 1,000 people ages 15-64 4.87 new registrations per 1,000 people ages 15-64 United Kingdom of Great Britain and Northern Ireland
2010s 4.85 new registrations per 1,000 people ages 15-64 13.64 new registrations per 1,000 people ages 15-64 8.79 new registrations per 1,000 people ages 15-64 United Kingdom of Great Britain and Northern Ireland
2020s 6.05 new registrations per 1,000 people ages 15-64 18.26 new registrations per 1,000 people ages 15-64 12.21 new registrations per 1,000 people ages 15-64 United Kingdom of Great Britain and Northern Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new business density, Small states or United Kingdom of Great Britain and Northern Ireland?
United Kingdom of Great Britain and Northern Ireland, at 19.19 new registrations per 1,000 people ages 15-64 against 6.46 new registrations per 1,000 people ages 15-64 in Small states as of 2024.
What is the difference in new business density between Small states and United Kingdom of Great Britain and Northern Ireland?
12.73 new registrations per 1,000 people ages 15-64, with United Kingdom of Great Britain and Northern Ireland ahead.
How many years of comparable data are there for Small states and United Kingdom of Great Britain and Northern Ireland?
17 years are reported by both, from 2006 to 2022.
How do Small states and United Kingdom of Great Britain and Northern Ireland rank globally for new business density?
Small states ranks 7th and United Kingdom of Great Britain and Northern Ireland ranks 8th of 45 groups.
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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Small states vs United Kingdom of Great Britain and Northern Ireland: New business density. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 13 September 2026, from https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/small-states/united-kingdom/

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<a href="https://private-sector.statizoid.com/compare/new-business-density-new-registrations-per-1-000-people-ages-15-64/small-states/united-kingdom/">Small states vs United Kingdom of Great Britain and Northern Ireland: 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.