Sri Lanka vs Tuvalu: New business density
Sri Lanka
1.19 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
Sri Lanka rank
121st
Tuvalu rank
123rd
New business density over time
- Sri Lanka
- Tuvalu
How they compare
Sri Lanka currently reports 1.19 new registrations per 1,000 people ages 15-64 against 1.13 new registrations per 1,000 people ages 15-64 in Tuvalu, a difference of 0.06 new registrations per 1,000 people ages 15-64.
That makes Sri Lanka's figure about 1.1 times Tuvalu's.
The two have swapped places 5 times across 13 shared years of data; in 2008 it was Tuvalu ahead.
Sri Lanka ranks 121st 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 | Sri Lanka | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.3009 new registrations per 1,000 people ages 15-64 | 0.4742 new registrations per 1,000 people ages 15-64 | 0.1733 new registrations per 1,000 people ages 15-64 | Tuvalu |
| 2010s | 0.5445 new registrations per 1,000 people ages 15-64 | 0.9807 new registrations per 1,000 people ages 15-64 | 0.4362 new registrations per 1,000 people ages 15-64 | Tuvalu |
| 2020s | 1.21 new registrations per 1,000 people ages 15-64 | 1.5 new registrations per 1,000 people ages 15-64 | 0.2892 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, Sri Lanka or Tuvalu?
- Sri Lanka, at 1.19 new registrations per 1,000 people ages 15-64 against 1.13 new registrations per 1,000 people ages 15-64 in Tuvalu as of 2022.
- What is the difference in new business density between Sri Lanka and Tuvalu?
- 0.06 new registrations per 1,000 people ages 15-64, with Sri Lanka ahead.
- How many years of comparable data are there for Sri Lanka and Tuvalu?
- 13 years are reported by both, from 2008 to 2022.
- How do Sri Lanka and Tuvalu rank globally for new business density?
- Sri Lanka ranks 121st 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.