Latvia vs Serbia: New businesses registered

Latvia
8,218 number
in 2024
Serbia
8,788 number
in 2024
Latvia rank
94th
Serbia rank
91st

New businesses registered over time

  • Latvia
  • Serbia
05.0k10.0k15.0k200620152024

How they compare

Serbia currently reports 8,788 number against 8,218 number in Latvia, a difference of 570 number.

That makes Serbia's figure about 1.1 times Latvia's.

The two have swapped places 3 times across 19 shared years of data; in 2006 it was Latvia ahead.

Latvia ranks 94th and Serbia ranks 91st of 176 countries.

Across the 3 decades both report, Latvia averaged higher in 1 and Serbia in 2.

Head to head by decade

Decade Latvia Serbia Difference Ahead
2000s 9,935 number 10,532 number 596.5 number Serbia
2010s 12,616 number 8,419 number 4,196 number Latvia
2020s 8,143 number 9,474 number 1,331 number Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new businesses registered, Latvia or Serbia?
Serbia, at 8,788 number against 8,218 number in Latvia as of 2024.
What is the difference in new businesses registered between Latvia and Serbia?
570 number, with Serbia ahead.
How many years of comparable data are there for Latvia and Serbia?
19 years are reported by both, from 2006 to 2024.
How do Latvia and Serbia rank globally for new businesses registered?
Latvia ranks 94th and Serbia ranks 91st 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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Latvia vs Serbia: New businesses registered. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 23 August 2026, from https://private-sector.statizoid.com/compare/new-businesses-registered-number/latvia/serbia/

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<a href="https://private-sector.statizoid.com/compare/new-businesses-registered-number/latvia/serbia/">Latvia vs Serbia: New businesses registered</a> — Statizoid

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

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