Armenia vs Luxembourg: New businesses registered
Armenia
8,381 number
in 2024
Luxembourg
9,137 number
in 2024
Armenia rank
92nd
Luxembourg rank
89th
New businesses registered over time
- Armenia
- Luxembourg
How they compare
Luxembourg currently reports 9,137 number against 8,381 number in Armenia, a difference of 756 number.
That makes Luxembourg's figure about 1.1 times Armenia's.
The two have swapped places 2 times across 17 shared years of data; in 2008 it was Luxembourg ahead.
Armenia ranks 92nd and Luxembourg ranks 89th of 176 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2,960 number | 7,582 number | 4,623 number | Luxembourg |
| 2010s | 3,916 number | 8,883 number | 4,967 number | Luxembourg |
| 2020s | 8,529 number | 10,214 number | 1,684 number | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new businesses registered, Armenia or Luxembourg?
- Luxembourg, at 9,137 number against 8,381 number in Armenia as of 2024.
- What is the difference in new businesses registered between Armenia and Luxembourg?
- 756 number, with Luxembourg ahead.
- How many years of comparable data are there for Armenia and Luxembourg?
- 17 years are reported by both, from 2008 to 2024.
- How do Armenia and Luxembourg rank globally for new businesses registered?
- Armenia ranks 92nd and Luxembourg ranks 89th 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.