Armenia vs Latvia: New businesses registered
Armenia
8,381 number
in 2024
Latvia
8,218 number
in 2024
Armenia rank
92nd
Latvia rank
94th
New businesses registered over time
- Armenia
- Latvia
How they compare
Armenia currently reports 8,381 number against 8,218 number in Latvia, a difference of 163 number.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was Latvia ahead.
Armenia ranks 92nd and Latvia ranks 94th of 176 countries.
Across the 3 decades both report, Armenia averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Armenia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2,921 number | 9,935 number | 7,014 number | Latvia |
| 2010s | 3,916 number | 12,616 number | 8,699 number | Latvia |
| 2020s | 8,529 number | 8,143 number | 386 number | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new businesses registered, Armenia or Latvia?
- Armenia, at 8,381 number against 8,218 number in Latvia as of 2024.
- What is the difference in new businesses registered between Armenia and Latvia?
- 163 number, with Armenia ahead.
- How many years of comparable data are there for Armenia and Latvia?
- 19 years are reported by both, from 2006 to 2024.
- How do Armenia and Latvia rank globally for new businesses registered?
- Armenia ranks 92nd and Latvia ranks 94th 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.
Individual pages
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.