What is the difference in new businesses registered between Armenia and Lao People’s Democratic Republic?

440 number, with Armenia ahead.

How many years of comparable data are there for Armenia and Lao People’s Democratic Republic?

17 years are reported by both, from 2008 to 2024.

Where does this data come from?

Entrepreneurship Database, World Bank (WB), published as New businesses registered (number). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Armenia vs Lao People’s Democratic Republic: New businesses registered

Armenia

8,381 number

in 2024

Lao People’s Democratic Republic

7,941 number

in 2024

Armenia rank

92nd

Lao People’s Democratic Republic rank

95th

New businesses registered over time

Armenia
Lao People’s Democratic Republic

How they compare

Armenia currently reports 8,381 number against 7,941 number in Lao People’s Democratic Republic, a difference of 440 number.

That makes Armenia's figure about 1.1 times Lao People’s Democratic Republic's.

Across all 17 years both countries report, Armenia has been ahead every year.

Armenia ranks 92nd and Lao People’s Democratic Republic ranks 95th of 176 countries.

Armenia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade	Armenia	Lao People’s Democratic Republic	Difference	Ahead
2000s	2,960 number	1,137 number	1,822 number	Armenia
2010s	3,916 number	1,339 number	2,578 number	Armenia
2020s	8,529 number	4,929 number	3,600 number	Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new businesses registered, Armenia or Lao People’s Democratic Republic?: Armenia, at 8,381 number against 7,941 number in Lao People’s Democratic Republic as of 2024.
What is the difference in new businesses registered between Armenia and Lao People’s Democratic Republic?: 440 number, with Armenia ahead.
How many years of comparable data are there for Armenia and Lao People’s Democratic Republic?: 17 years are reported by both, from 2008 to 2024.
How do Armenia and Lao People’s Democratic Republic rank globally for new businesses registered?: Armenia ranks 92nd and Lao People’s Democratic Republic ranks 95th of 176 countries.
Where does this data come from?: Entrepreneurship Database, World Bank (WB), published as New businesses registered (number). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Lao People’s Democratic Republic: New businesses registered. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 21 August 2026, from https://private-sector.statizoid.com/compare/new-businesses-registered-number/armenia/lao-pdr/

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About this data

Indicator: New businesses registered (number)
Unit: number
Source: Entrepreneurship Database, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 176 places, 2,895 data points, 2006–2024
Last refreshed: 20 August 2026

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.