Ecuador vs Mongolia: New businesses registered
Ecuador
19,317 number
in 2024
Mongolia
18,238 number
in 2024
Ecuador rank
62nd
Mongolia rank
65th
New businesses registered over time
- Ecuador
- Mongolia
How they compare
Ecuador currently reports 19,317 number against 18,238 number in Mongolia, a difference of 1,079 number.
That makes Ecuador's figure about 1.1 times Mongolia's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was Mongolia ahead.
Ecuador ranks 62nd and Mongolia ranks 65th of 176 countries.
Across the 3 decades both report, Ecuador averaged higher in 1 and Mongolia in 2.
Head to head by decade
| Decade | Ecuador | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4,064 number | 11,053 number | 6,990 number | Mongolia |
| 2010s | 7,266 number | 11,491 number | 4,225 number | Mongolia |
| 2020s | 16,769 number | 14,940 number | 1,829 number | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new businesses registered, Ecuador or Mongolia?
- Ecuador, at 19,317 number against 18,238 number in Mongolia as of 2024.
- What is the difference in new businesses registered between Ecuador and Mongolia?
- 1,079 number, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Mongolia?
- 19 years are reported by both, from 2006 to 2024.
- How do Ecuador and Mongolia rank globally for new businesses registered?
- Ecuador ranks 62nd and Mongolia ranks 65th 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.