New business density (new registrations per 1,000 people ages 15-64) by country

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.

Countries reporting
176
Highest
201 new registrations per 1,000 people ages 15-64
Cayman Islands
Lowest
0.0202 new registrations per 1,000 people ages 15-64
Somalia
Median
2.25 new registrations per 1,000 people ages 15-64
Years covered
19
2006–2024
Data points
3,625

What the numbers show

New business density (new registrations per 1,000 people ages 15-64) is currently reported for 176 countries. The highest value is 201 new registrations per 1,000 people ages 15-64 in Cayman Islands; the lowest is 0.0202 new registrations per 1,000 people ages 15-64 in Somalia.

The median across all reporting countries is 2.25 new registrations per 1,000 people ages 15-64, and the mean is 5.62 new registrations per 1,000 people ages 15-64.

The gap between the highest and lowest reporting country is a factor of about 9,957.

Over the past decade 136 countries rose and 39 fell. The largest increase was in Canada (up 2,430.5%), and the largest decrease in Somalia (down 90.4%).

New business density: full country ranking

#Country LatestYear 10-year changeTrend
1 Cayman Islands 201 new registrations per 1,000 people ages 15-64 2024 down 16.3% falling
2 Isle of Man 33.58 new registrations per 1,000 people ages 15-64 2024 down 13.8% falling
3 Hong Kong 28.85 new registrations per 1,000 people ages 15-64 2024 down 8.2% rising
4 Estonia 26.76 new registrations per 1,000 people ages 15-64 2024 up 66.3% rising
5 Cape Verde 21.76 new registrations per 1,000 people ages 15-64 2024 up 575.0% volatile
6 United States Virgin Islands 19.96 new registrations per 1,000 people ages 15-64 2024 up 16.6% rising
7 Luxembourg 19.61 new registrations per 1,000 people ages 15-64 2024 down 25.3% flat
8 United Kingdom 19.19 new registrations per 1,000 people ages 15-64 2024 up 36.7% rising
9 Saint Kitts and Nevis 18.72 new registrations per 1,000 people ages 15-64 2024 up 182.0% rising
10 Australia 18.06 new registrations per 1,000 people ages 15-64 2024 up 26.7% rising
11 Montenegro 17.86 new registrations per 1,000 people ages 15-64 2024 up 144.0% volatile
12 New Zealand 16.05 new registrations per 1,000 people ages 15-64 2024 down 3.1% falling
13 China 15.59 new registrations per 1,000 people ages 15-64 2024 up 38.7% rising
14 Liechtenstein 15.57 new registrations per 1,000 people ages 15-64 2024 up 1,234.8% volatile
15 Nauru 15.23 new registrations per 1,000 people ages 15-64 2024 down 0.5% volatile
16 Croatia 15.21 new registrations per 1,000 people ages 15-64 2024 up 1.1% rising
17 Mauritius 13.98 new registrations per 1,000 people ages 15-64 2024 up 79.6% rising
18 Botswana 13.33 new registrations per 1,000 people ages 15-64 2024 down 3.4% rising
19 Belize 13.01 new registrations per 1,000 people ages 15-64 2024 up 339.4% volatile
20 Singapore 11.59 new registrations per 1,000 people ages 15-64 2024 up 30.0% rising
21 South Africa 11.46 new registrations per 1,000 people ages 15-64 2024 up 66.7% rising
22 Portugal 11 new registrations per 1,000 people ages 15-64 2024 up 134.5% rising
23 Iceland 10.86 new registrations per 1,000 people ages 15-64 2024 up 14.0% falling
24 Bulgaria 10.46 new registrations per 1,000 people ages 15-64 2024 up 24.7% rising
25 Chile 9.09 new registrations per 1,000 people ages 15-64 2023 up 91.0% rising
26 Malta 8.47 new registrations per 1,000 people ages 15-64 2024 down 50.4% flat
27 Kosovo 8.35 new registrations per 1,000 people ages 15-64 2024 up 375.1% volatile
28 Norway 8.32 new registrations per 1,000 people ages 15-64 2024 up 8.7% rising
29 Cote d'Ivoire 8.28 new registrations per 1,000 people ages 15-64 2024 up 499.4% volatile
30 Mongolia 8.26 new registrations per 1,000 people ages 15-64 2024 up 27.2% rising
31 Barbados 8.11 new registrations per 1,000 people ages 15-64 2024 up 39.0% rising
32 Georgia 7.62 new registrations per 1,000 people ages 15-64 2024 up 3.9% rising
33 Romania 7.47 new registrations per 1,000 people ages 15-64 2024 up 78.3% rising
34 Sweden 7.08 new registrations per 1,000 people ages 15-64 2024 up 3.4% rising
35 Latvia 7.02 new registrations per 1,000 people ages 15-64 2024 down 34.3% falling
36 Denmark 6.85 new registrations per 1,000 people ages 15-64 2024 down 4.0% rising
37 France 6.82 new registrations per 1,000 people ages 15-64 2024 up 64.1% rising
38 Qatar 6.77 new registrations per 1,000 people ages 15-64 2018 up 86.7% rising
39 Namibia 6.74 new registrations per 1,000 people ages 15-64 2024 down 40.0% rising
40 Brazil 6.67 new registrations per 1,000 people ages 15-64 2024 up 147.0% rising
41 Ireland 6.65 new registrations per 1,000 people ages 15-64 2024 up 16.0% rising
42 Costa Rica 6.31 new registrations per 1,000 people ages 15-64 2024 up 88.2% rising
43 Bahrain 6.16 new registrations per 1,000 people ages 15-64 2024 up 333.0% volatile
44 Finland 5.97 new registrations per 1,000 people ages 15-64 2024 up 61.5% rising
45 Slovakia 5.68 new registrations per 1,000 people ages 15-64 2024 up 69.6% rising
46 Saudi Arabia 5.46 new registrations per 1,000 people ages 15-64 2024 up 588.6% volatile
47 Puerto Rico 5.33 new registrations per 1,000 people ages 15-64 2020 up 156.1% rising
48 Belgium 5.31 new registrations per 1,000 people ages 15-64 2023 up 104.3% rising
49 North Macedonia 5.18 new registrations per 1,000 people ages 15-64 2024 up 30.7% falling
50 Canada 5.17 new registrations per 1,000 people ages 15-64 2022 up 2,430.5% rising
51 Peru 4.9 new registrations per 1,000 people ages 15-64 2024 up 26.9% rising
52 Moldova 4.89 new registrations per 1,000 people ages 15-64 2024 up 102.3% rising
53 Maldives 4.85 new registrations per 1,000 people ages 15-64 2023 up 93.9% falling
54 Saint Vincent and the Grenadines 4.66 new registrations per 1,000 people ages 15-64 2020 up 142.7% rising
55 Panama 4.52 new registrations per 1,000 people ages 15-64 2022 down 62.9% falling
56 Trinidad and Tobago 4.49 new registrations per 1,000 people ages 15-64 2020 up 28.9% rising
57 Eswatini 4.39 new registrations per 1,000 people ages 15-64 2024 up 23.5% rising
58 Czechia 4.31 new registrations per 1,000 people ages 15-64 2024 up 25.2% rising
59 Seychelles 4.26 new registrations per 1,000 people ages 15-64 2024 up 41.9% rising
60 Antigua and Barbuda 4.16 new registrations per 1,000 people ages 15-64 2024 up 5.9% rising
61 Armenia 4.12 new registrations per 1,000 people ages 15-64 2024 up 171.8% volatile
62 Hungary 3.83 new registrations per 1,000 people ages 15-64 2024 up 2.2% falling
63 Dominica 3.73 new registrations per 1,000 people ages 15-64 2024 up 19.5% flat
64 Spain 3.67 new registrations per 1,000 people ages 15-64 2024 up 20.9% falling
65 South Korea 3.51 new registrations per 1,000 people ages 15-64 2023 up 28.1% rising
66 Netherlands 3.41 new registrations per 1,000 people ages 15-64 2022 up 20.6% rising
67 Kazakhstan 3.35 new registrations per 1,000 people ages 15-64 2024 up 156.1% volatile
68 Uruguay 3.23 new registrations per 1,000 people ages 15-64 2024 up 12.1% rising
69 Switzerland 3.13 new registrations per 1,000 people ages 15-64 2022 down 28.3% falling
70 Italy 3.09 new registrations per 1,000 people ages 15-64 2024 up 29.9% rising
71 Israel 2.92 new registrations per 1,000 people ages 15-64 2024 down 5.1% falling
72 Guyana 2.9 new registrations per 1,000 people ages 15-64 2024 up 345.7% volatile
73 Uzbekistan 2.79 new registrations per 1,000 people ages 15-64 2024 up 232.3% volatile
74 Suriname 2.77 new registrations per 1,000 people ages 15-64 2022 up 72.0% volatile
75 Zimbabwe 2.77 new registrations per 1,000 people ages 15-64 2024 up 120.2% volatile
76 Grenada 2.74 new registrations per 1,000 people ages 15-64 2020 up 37.9% rising
77 Rwanda 2.72 new registrations per 1,000 people ages 15-64 2024 up 72.0% volatile
78 Fiji 2.7 new registrations per 1,000 people ages 15-64 2024 up 80.0% volatile
79 Morocco 2.66 new registrations per 1,000 people ages 15-64 2024 up 71.8% rising
80 Slovenia 2.62 new registrations per 1,000 people ages 15-64 2024 down 41.3% falling
81 Jamaica 2.6 new registrations per 1,000 people ages 15-64 2024 up 184.9% rising
82 United Arab Emirates 2.48 new registrations per 1,000 people ages 15-64 2020 up 61.1% rising
83 Greece 2.45 new registrations per 1,000 people ages 15-64 2024 up 188.4% volatile
84 Malaysia 2.38 new registrations per 1,000 people ages 15-64 2024 down 3.2% falling
85 Poland 2.38 new registrations per 1,000 people ages 15-64 2024 up 106.0% rising
86 East Timor 2.34 new registrations per 1,000 people ages 15-64 2022 down 14.4% volatile
87 Albania 2.29 new registrations per 1,000 people ages 15-64 2024 up 104.5% rising
88 Russia 2.28 new registrations per 1,000 people ages 15-64 2024 down 45.7% falling
89 Colombia 2.22 new registrations per 1,000 people ages 15-64 2024 up 1.9% rising
90 Sao Tome and Principe 2.19 new registrations per 1,000 people ages 15-64 2020 down 21.1% falling
91 Kyrgyzstan 2.15 new registrations per 1,000 people ages 15-64 2024 up 265.9% volatile
92 Kuwait 2.14 new registrations per 1,000 people ages 15-64 2024 up 220.7% volatile
93 Lithuania 2.13 new registrations per 1,000 people ages 15-64 2024 down 50.7% falling
94 Serbia 2.12 new registrations per 1,000 people ages 15-64 2024 up 26.7% rising
95 Cyprus 2.08 new registrations per 1,000 people ages 15-64 2024 up 32.0% falling
96 Azerbaijan 2 new registrations per 1,000 people ages 15-64 2024 up 99.7% rising
97 Vietnam 2 new registrations per 1,000 people ages 15-64 2024 up 124.6% rising
98 Turkey 1.98 new registrations per 1,000 people ages 15-64 2024 up 71.0% rising
99 Tunisia 1.82 new registrations per 1,000 people ages 15-64 2024 up 14.1% rising
100 Oman 1.79 new registrations per 1,000 people ages 15-64 2020 down 10.2% falling
101 Paraguay 1.76 new registrations per 1,000 people ages 15-64 2024 up 1,308.4% volatile
102 Thailand 1.75 new registrations per 1,000 people ages 15-64 2024 up 48.0% rising
103 Kenya 1.73 new registrations per 1,000 people ages 15-64 2024 up 27.6% rising
104 Ukraine 1.65 new registrations per 1,000 people ages 15-64 2017 up 42.7% rising
105 Bosnia and Herzegovina 1.64 new registrations per 1,000 people ages 15-64 2024 up 83.9% rising
106 Ecuador 1.59 new registrations per 1,000 people ages 15-64 2024 up 110.7% rising
107 Vanuatu 1.58 new registrations per 1,000 people ages 15-64 2018 up 216.9% volatile
108 Gabon 1.57 new registrations per 1,000 people ages 15-64 2024 up 13.9% rising
109 Laos 1.57 new registrations per 1,000 people ages 15-64 2024 up 578.3% volatile
110 Angola 1.55 new registrations per 1,000 people ages 15-64 2024 up 155.9% volatile
111 Zambia 1.5 new registrations per 1,000 people ages 15-64 2024 up 34.0% rising
112 Lesotho 1.47 new registrations per 1,000 people ages 15-64 2020 up 0.9% rising
113 Dominican Republic 1.45 new registrations per 1,000 people ages 15-64 2018 up 184.2% rising
114 Germany 1.44 new registrations per 1,000 people ages 15-64 2024 up 14.1% rising
115 Gambia 1.4 new registrations per 1,000 people ages 15-64 2024 up 4.5% rising
116 Nepal 1.4 new registrations per 1,000 people ages 15-64 2020 up 132.4% rising
117 Ghana 1.37 new registrations per 1,000 people ages 15-64 2024 down 1.6% rising
118 Belarus 1.27 new registrations per 1,000 people ages 15-64 2022 up 11.3% rising
119 Senegal 1.22 new registrations per 1,000 people ages 15-64 2024 up 258.3% rising
120 Sri Lanka 1.19 new registrations per 1,000 people ages 15-64 2022 up 142.1% rising
121 El Salvador 1.14 new registrations per 1,000 people ages 15-64 2024 up 116.5% rising
122 Tuvalu 1.13 new registrations per 1,000 people ages 15-64 2022 up 155.4% rising
123 Nigeria 1.12 new registrations per 1,000 people ages 15-64 2022 up 27.2% rising
124 Solomon Islands 1.09 new registrations per 1,000 people ages 15-64 2018 up 584.4% volatile
125 Uganda 1.08 new registrations per 1,000 people ages 15-64 2024 up 24.4% rising
126 Saint Lucia 1.06 new registrations per 1,000 people ages 15-64 2024 down 59.1% falling
127 Togo 1.04 new registrations per 1,000 people ages 15-64 2024 up 374.5% volatile
128 Guatemala 1.02 new registrations per 1,000 people ages 15-64 2024 up 99.9% rising
129 Austria 0.9996 new registrations per 1,000 people ages 15-64 2023 down 4.5% flat
130 Burundi 0.9798 new registrations per 1,000 people ages 15-64 2024 up 148.9% volatile
131 Mexico 0.954 new registrations per 1,000 people ages 15-64 2024 up 58.0% rising
132 Indonesia 0.9436 new registrations per 1,000 people ages 15-64 2024 up 181.6% volatile
133 Mauritania 0.8334 new registrations per 1,000 people ages 15-64 2024 up 82.1% rising
134 Algeria 0.8289 new registrations per 1,000 people ages 15-64 2024 up 38.4% rising
135 Burkina Faso 0.768 new registrations per 1,000 people ages 15-64 2024 up 373.0% volatile
136 Comoros 0.7646 new registrations per 1,000 people ages 15-64 2024 up 139.1% rising
137 Sierra Leone 0.7321 new registrations per 1,000 people ages 15-64 2024 up 303.1% volatile
138 Samoa 0.7178 new registrations per 1,000 people ages 15-64 2022 down 8.9% rising
139 Tonga 0.6965 new registrations per 1,000 people ages 15-64 2024 down 34.8% volatile
140 Benin 0.6901 new registrations per 1,000 people ages 15-64 2024 up 169.2% volatile
141 Guinea 0.6853 new registrations per 1,000 people ages 15-64 2024 up 425.4% volatile
142 Djibouti 0.6756 new registrations per 1,000 people ages 15-64 2024 up 98.4% rising
143 Jordan 0.669 new registrations per 1,000 people ages 15-64 2024 down 16.7% falling
144 Ethiopia 0.6072 new registrations per 1,000 people ages 15-64 2024 up 184.3% volatile
145 Japan 0.5756 new registrations per 1,000 people ages 15-64 2024 up 123.0% volatile
146 Argentina 0.5246 new registrations per 1,000 people ages 15-64 2024 up 37.4% rising
147 Philippines 0.5071 new registrations per 1,000 people ages 15-64 2024 up 55.7% rising
148 Bolivia 0.4714 new registrations per 1,000 people ages 15-64 2023 down 5.3% flat
149 Brunei 0.4692 new registrations per 1,000 people ages 15-64 2024 down 69.2% volatile
150 Guinea-Bissau 0.4682 new registrations per 1,000 people ages 15-64 2024 up 1.2% falling
151 Cambodia 0.4548 new registrations per 1,000 people ages 15-64 2024 up 15.6% rising
152 Congo 0.4011 new registrations per 1,000 people ages 15-64 2024 up 2,064.9% volatile
153 Myanmar 0.3939 new registrations per 1,000 people ages 15-64 2018 up 1,682.0% volatile
154 Honduras 0.3737 new registrations per 1,000 people ages 15-64 2024 up 6.8% rising
155 South Sudan 0.3033 new registrations per 1,000 people ages 15-64 2016 up 282.5% volatile
156 Egypt 0.2648 new registrations per 1,000 people ages 15-64 2022 up 491.3% volatile
157 Mali 0.2515 new registrations per 1,000 people ages 15-64 2020 up 132.3% rising
158 Mozambique 0.2452 new registrations per 1,000 people ages 15-64 2020 up 25.5% rising
159 Afghanistan 0.2208 new registrations per 1,000 people ages 15-64 2018 down 18.9% falling
160 Pakistan 0.2023 new registrations per 1,000 people ages 15-64 2024 up 410.2% volatile
161 India 0.1755 new registrations per 1,000 people ages 15-64 2024 up 115.2% rising
162 Tanzania 0.1725 new registrations per 1,000 people ages 15-64 2018 down 24.9% rising
163 Palestine 0.1708 new registrations per 1,000 people ages 15-64 2024 down 52.2% falling
164 Tajikistan 0.1472 new registrations per 1,000 people ages 15-64 2018 down 40.7% volatile
165 Chad 0.1322 new registrations per 1,000 people ages 15-64 2024 down 14.6% rising
166 Madagascar 0.1204 new registrations per 1,000 people ages 15-64 2024 up 5.1% rising
167 Iraq 0.1168 new registrations per 1,000 people ages 15-64 2022 down 12.9% falling
168 Democratic Republic of Congo 0.1096 new registrations per 1,000 people ages 15-64 2024 up 146.8% rising
169 Niger 0.0998 new registrations per 1,000 people ages 15-64 2024 up 332.4% volatile
170 Central African Republic 0.0991 new registrations per 1,000 people ages 15-64 2024 up 272.8% rising
171 Bhutan 0.0714 new registrations per 1,000 people ages 15-64 2022 down 52.1% volatile
172 Haiti 0.0653 new registrations per 1,000 people ages 15-64 2010 rising
173 Bangladesh 0.0648 new registrations per 1,000 people ages 15-64 2024 down 12.3% falling
174 Liberia 0.052 new registrations per 1,000 people ages 15-64 2024 up 230.9% volatile
175 Kiribati 0.0268 new registrations per 1,000 people ages 15-64 2018 down 17.0% falling
176 Somalia 0.0202 new registrations per 1,000 people ages 15-64 2024 down 90.4% volatile

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

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New business density by country. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 29 August 2026, from https://private-sector.statizoid.com/stat/new-business-density-new-registrations-per-1-000-people-ages-15-64/

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About this data

Indicator
New business density (new registrations per 1,000 people ages 15-64)
Unit
new registrations per 1,000 people ages 15-64
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
221 places, 3,625 data points, 2006–2024
Last refreshed

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.