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
177
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
2.28 new registrations per 1,000 people ages 15-64
Years covered
19
2006–2024
Data points
3,644

What the numbers show

New business density (new registrations per 1,000 people ages 15-64) is currently reported for 177 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 2.28 new registrations per 1,000 people ages 15-64, and the mean is 5.63 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 137 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 (new registrations per 1,000 people ages 15-64): 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
27 Kosovo (UNSCR 1244) 8.35 new registrations per 1,000 people ages 15-64 2024 up 375.1% volatile
29 Norway 8.32 new registrations per 1,000 people ages 15-64 2024 up 8.7% rising
30 Cote d'Ivoire 8.28 new registrations per 1,000 people ages 15-64 2024 up 499.4% volatile
31 Mongolia 8.26 new registrations per 1,000 people ages 15-64 2024 up 27.2% rising
32 Barbados 8.11 new registrations per 1,000 people ages 15-64 2024 up 39.0% rising
33 Georgia 7.62 new registrations per 1,000 people ages 15-64 2024 up 3.9% rising
34 Romania 7.47 new registrations per 1,000 people ages 15-64 2024 up 78.3% rising
35 Sweden 7.08 new registrations per 1,000 people ages 15-64 2024 up 3.4% rising
36 Latvia 7.02 new registrations per 1,000 people ages 15-64 2024 down 34.3% falling
37 Denmark 6.85 new registrations per 1,000 people ages 15-64 2024 down 4.0% rising
38 France 6.82 new registrations per 1,000 people ages 15-64 2024 up 64.1% rising
39 Qatar 6.77 new registrations per 1,000 people ages 15-64 2018 up 86.7% rising
40 Namibia 6.74 new registrations per 1,000 people ages 15-64 2024 down 40.0% rising
41 Brazil 6.67 new registrations per 1,000 people ages 15-64 2024 up 147.0% rising
42 Ireland 6.65 new registrations per 1,000 people ages 15-64 2024 up 16.0% rising
43 Costa Rica 6.31 new registrations per 1,000 people ages 15-64 2024 up 88.2% rising
44 Bahrain 6.16 new registrations per 1,000 people ages 15-64 2024 up 333.0% volatile
45 Finland 5.97 new registrations per 1,000 people ages 15-64 2024 up 61.5% rising
46 Slovakia 5.68 new registrations per 1,000 people ages 15-64 2024 up 69.6% rising
47 Saudi Arabia 5.46 new registrations per 1,000 people ages 15-64 2024 up 588.6% volatile
48 Puerto Rico 5.33 new registrations per 1,000 people ages 15-64 2020 up 156.1% rising
49 Belgium 5.31 new registrations per 1,000 people ages 15-64 2023 up 104.3% rising
50 North Macedonia 5.18 new registrations per 1,000 people ages 15-64 2024 up 30.7% falling
51 Canada 5.17 new registrations per 1,000 people ages 15-64 2022 up 2,430.5% rising
52 Peru 4.9 new registrations per 1,000 people ages 15-64 2024 up 26.9% rising
53 Moldova 4.89 new registrations per 1,000 people ages 15-64 2024 up 102.3% rising
54 Maldives 4.85 new registrations per 1,000 people ages 15-64 2023 up 93.9% falling
55 Saint Vincent and the Grenadines 4.66 new registrations per 1,000 people ages 15-64 2020 up 142.7% rising
56 Panama 4.52 new registrations per 1,000 people ages 15-64 2022 down 62.9% falling
57 Trinidad and Tobago 4.49 new registrations per 1,000 people ages 15-64 2020 up 28.9% rising
58 Eswatini 4.39 new registrations per 1,000 people ages 15-64 2024 up 23.5% rising
59 Czechia 4.31 new registrations per 1,000 people ages 15-64 2024 up 25.2% rising
60 Seychelles 4.26 new registrations per 1,000 people ages 15-64 2024 up 41.9% rising
61 Antigua and Barbuda 4.16 new registrations per 1,000 people ages 15-64 2024 up 5.9% rising
62 Armenia 4.12 new registrations per 1,000 people ages 15-64 2024 up 171.8% volatile
63 Hungary 3.83 new registrations per 1,000 people ages 15-64 2024 up 2.2% falling
64 Dominica 3.73 new registrations per 1,000 people ages 15-64 2024 up 19.5% flat
65 Spain 3.67 new registrations per 1,000 people ages 15-64 2024 up 20.9% falling
66 South Korea 3.51 new registrations per 1,000 people ages 15-64 2023 up 28.1% rising
67 Netherlands 3.41 new registrations per 1,000 people ages 15-64 2022 up 20.6% rising
68 Kazakhstan 3.35 new registrations per 1,000 people ages 15-64 2024 up 156.1% volatile
69 Uruguay 3.23 new registrations per 1,000 people ages 15-64 2024 up 12.1% rising
70 Switzerland 3.13 new registrations per 1,000 people ages 15-64 2022 down 28.3% falling
71 Italy 3.09 new registrations per 1,000 people ages 15-64 2024 up 29.9% rising
72 Israel 2.92 new registrations per 1,000 people ages 15-64 2024 down 5.1% falling
73 Guyana 2.9 new registrations per 1,000 people ages 15-64 2024 up 345.7% volatile
74 Uzbekistan 2.79 new registrations per 1,000 people ages 15-64 2024 up 232.3% volatile
75 Suriname 2.77 new registrations per 1,000 people ages 15-64 2022 up 72.0% volatile
76 Zimbabwe 2.77 new registrations per 1,000 people ages 15-64 2024 up 120.2% volatile
77 Grenada 2.74 new registrations per 1,000 people ages 15-64 2020 up 37.9% rising
78 Rwanda 2.72 new registrations per 1,000 people ages 15-64 2024 up 72.0% volatile
79 Fiji 2.7 new registrations per 1,000 people ages 15-64 2024 up 80.0% volatile
80 Morocco 2.66 new registrations per 1,000 people ages 15-64 2024 up 71.8% rising
81 Slovenia 2.62 new registrations per 1,000 people ages 15-64 2024 down 41.3% falling
82 Jamaica 2.6 new registrations per 1,000 people ages 15-64 2024 up 184.9% rising
83 United Arab Emirates 2.48 new registrations per 1,000 people ages 15-64 2020 up 61.1% rising
84 Greece 2.45 new registrations per 1,000 people ages 15-64 2024 up 188.4% volatile
85 Malaysia 2.38 new registrations per 1,000 people ages 15-64 2024 down 3.2% falling
86 Poland 2.38 new registrations per 1,000 people ages 15-64 2024 up 106.0% rising
87 East Timor 2.34 new registrations per 1,000 people ages 15-64 2022 down 14.4% volatile
88 Albania 2.29 new registrations per 1,000 people ages 15-64 2024 up 104.5% rising
89 Russia 2.28 new registrations per 1,000 people ages 15-64 2024 down 45.7% falling
90 Colombia 2.22 new registrations per 1,000 people ages 15-64 2024 up 1.9% rising
91 Sao Tome and Principe 2.19 new registrations per 1,000 people ages 15-64 2020 down 21.1% falling
92 Kyrgyzstan 2.15 new registrations per 1,000 people ages 15-64 2024 up 265.9% volatile
93 Kuwait 2.14 new registrations per 1,000 people ages 15-64 2024 up 220.7% volatile
94 Lithuania 2.13 new registrations per 1,000 people ages 15-64 2024 down 50.7% falling
95 Serbia 2.12 new registrations per 1,000 people ages 15-64 2024 up 26.7% rising
96 Cyprus 2.08 new registrations per 1,000 people ages 15-64 2024 up 32.0% falling
97 Azerbaijan 2 new registrations per 1,000 people ages 15-64 2024 up 99.7% rising
98 Vietnam 2 new registrations per 1,000 people ages 15-64 2024 up 124.6% rising
99 Turkey 1.98 new registrations per 1,000 people ages 15-64 2024 up 71.0% rising
100 Tunisia 1.82 new registrations per 1,000 people ages 15-64 2024 up 14.1% rising
101 Oman 1.79 new registrations per 1,000 people ages 15-64 2020 down 10.2% falling
102 Paraguay 1.76 new registrations per 1,000 people ages 15-64 2024 up 1,308.4% volatile
103 Thailand 1.75 new registrations per 1,000 people ages 15-64 2024 up 48.0% rising
104 Kenya 1.73 new registrations per 1,000 people ages 15-64 2024 up 27.6% rising
105 Ukraine 1.65 new registrations per 1,000 people ages 15-64 2017 up 42.7% rising
106 Bosnia and Herzegovina 1.64 new registrations per 1,000 people ages 15-64 2024 up 83.9% rising
107 Ecuador 1.59 new registrations per 1,000 people ages 15-64 2024 up 110.7% rising
108 Vanuatu 1.58 new registrations per 1,000 people ages 15-64 2018 up 216.9% volatile
109 Gabon 1.57 new registrations per 1,000 people ages 15-64 2024 up 13.9% rising
110 Laos 1.57 new registrations per 1,000 people ages 15-64 2024 up 578.3% volatile
111 Angola 1.55 new registrations per 1,000 people ages 15-64 2024 up 155.9% volatile
112 Zambia 1.5 new registrations per 1,000 people ages 15-64 2024 up 34.0% rising
113 Lesotho 1.47 new registrations per 1,000 people ages 15-64 2020 up 0.9% rising
114 Dominican Republic 1.45 new registrations per 1,000 people ages 15-64 2018 up 184.2% rising
115 Germany 1.44 new registrations per 1,000 people ages 15-64 2024 up 14.1% rising
116 Gambia 1.4 new registrations per 1,000 people ages 15-64 2024 up 4.5% rising
117 Nepal 1.4 new registrations per 1,000 people ages 15-64 2020 up 132.4% rising
118 Ghana 1.37 new registrations per 1,000 people ages 15-64 2024 down 1.6% rising
119 Belarus 1.27 new registrations per 1,000 people ages 15-64 2022 up 11.3% rising
120 Senegal 1.22 new registrations per 1,000 people ages 15-64 2024 up 258.3% rising
121 Sri Lanka 1.19 new registrations per 1,000 people ages 15-64 2022 up 142.1% rising
122 El Salvador 1.14 new registrations per 1,000 people ages 15-64 2024 up 116.5% rising
123 Tuvalu 1.13 new registrations per 1,000 people ages 15-64 2022 up 155.4% rising
124 Nigeria 1.12 new registrations per 1,000 people ages 15-64 2022 up 27.2% rising
125 Solomon Islands 1.09 new registrations per 1,000 people ages 15-64 2018 up 584.4% volatile
126 Uganda 1.08 new registrations per 1,000 people ages 15-64 2024 up 24.4% rising
127 Saint Lucia 1.06 new registrations per 1,000 people ages 15-64 2024 down 59.1% falling
128 Togo 1.04 new registrations per 1,000 people ages 15-64 2024 up 374.5% volatile
129 Guatemala 1.02 new registrations per 1,000 people ages 15-64 2024 up 99.9% rising
130 Austria 0.9996 new registrations per 1,000 people ages 15-64 2023 down 4.5% flat
131 Burundi 0.9798 new registrations per 1,000 people ages 15-64 2024 up 148.9% volatile
132 Mexico 0.954 new registrations per 1,000 people ages 15-64 2024 up 58.0% rising
133 Indonesia 0.9436 new registrations per 1,000 people ages 15-64 2024 up 181.6% volatile
134 Mauritania 0.8334 new registrations per 1,000 people ages 15-64 2024 up 82.1% rising
135 Algeria 0.8289 new registrations per 1,000 people ages 15-64 2024 up 38.4% rising
136 Burkina Faso 0.768 new registrations per 1,000 people ages 15-64 2024 up 373.0% volatile
137 Comoros 0.7646 new registrations per 1,000 people ages 15-64 2024 up 139.1% rising
138 Sierra Leone 0.7321 new registrations per 1,000 people ages 15-64 2024 up 303.1% volatile
139 Samoa 0.7178 new registrations per 1,000 people ages 15-64 2022 down 8.9% rising
140 Tonga 0.6965 new registrations per 1,000 people ages 15-64 2024 down 34.8% volatile
141 Benin 0.6901 new registrations per 1,000 people ages 15-64 2024 up 169.2% volatile
142 Guinea 0.6853 new registrations per 1,000 people ages 15-64 2024 up 425.4% volatile
143 Djibouti 0.6756 new registrations per 1,000 people ages 15-64 2024 up 98.4% rising
144 Jordan 0.669 new registrations per 1,000 people ages 15-64 2024 down 16.7% falling
145 Ethiopia 0.6072 new registrations per 1,000 people ages 15-64 2024 up 184.3% volatile
146 Japan 0.5756 new registrations per 1,000 people ages 15-64 2024 up 123.0% volatile
147 Argentina 0.5246 new registrations per 1,000 people ages 15-64 2024 up 37.4% rising
148 Philippines 0.5071 new registrations per 1,000 people ages 15-64 2024 up 55.7% rising
149 Bolivia 0.4714 new registrations per 1,000 people ages 15-64 2023 down 5.3% flat
150 Brunei 0.4692 new registrations per 1,000 people ages 15-64 2024 down 69.2% volatile
151 Guinea-Bissau 0.4682 new registrations per 1,000 people ages 15-64 2024 up 1.2% falling
152 Cambodia 0.4548 new registrations per 1,000 people ages 15-64 2024 up 15.6% rising
153 Congo 0.4011 new registrations per 1,000 people ages 15-64 2024 up 2,064.9% volatile
154 Myanmar 0.3939 new registrations per 1,000 people ages 15-64 2018 up 1,682.0% volatile
155 Honduras 0.3737 new registrations per 1,000 people ages 15-64 2024 up 6.8% rising
156 South Sudan 0.3033 new registrations per 1,000 people ages 15-64 2016 up 282.5% volatile
157 Egypt 0.2648 new registrations per 1,000 people ages 15-64 2022 up 491.3% volatile
158 Mali 0.2515 new registrations per 1,000 people ages 15-64 2020 up 132.3% rising
159 Mozambique 0.2452 new registrations per 1,000 people ages 15-64 2020 up 25.5% rising
160 Afghanistan 0.2208 new registrations per 1,000 people ages 15-64 2018 down 18.9% falling
161 Pakistan 0.2023 new registrations per 1,000 people ages 15-64 2024 up 410.2% volatile
162 India 0.1755 new registrations per 1,000 people ages 15-64 2024 up 115.2% rising
163 Tanzania 0.1725 new registrations per 1,000 people ages 15-64 2018 down 24.9% rising
164 Palestine 0.1708 new registrations per 1,000 people ages 15-64 2024 down 52.2% falling
165 Tajikistan 0.1472 new registrations per 1,000 people ages 15-64 2018 down 40.7% volatile
166 Chad 0.1322 new registrations per 1,000 people ages 15-64 2024 down 14.6% rising
167 Madagascar 0.1204 new registrations per 1,000 people ages 15-64 2024 up 5.1% rising
168 Iraq 0.1168 new registrations per 1,000 people ages 15-64 2022 down 12.9% falling
169 Democratic Republic of Congo 0.1096 new registrations per 1,000 people ages 15-64 2024 up 146.8% rising
170 Niger 0.0998 new registrations per 1,000 people ages 15-64 2024 up 332.4% volatile
171 Central African Republic 0.0991 new registrations per 1,000 people ages 15-64 2024 up 272.8% rising
172 Bhutan 0.0714 new registrations per 1,000 people ages 15-64 2022 down 52.1% volatile
173 Haiti 0.0653 new registrations per 1,000 people ages 15-64 2010 — rising
174 Bangladesh 0.0648 new registrations per 1,000 people ages 15-64 2024 down 12.3% falling
175 Liberia 0.052 new registrations per 1,000 people ages 15-64 2024 up 230.9% volatile
176 Kiribati 0.0268 new registrations per 1,000 people ages 15-64 2018 down 17.0% falling
177 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 08 November 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
222 places, 3,644 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.