New business density in Albania
Albania: New business density was 2.29 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in Albania, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
The most recent figure for new business density in Albania is 2.29 new registrations per 1,000 people ages 15-64, measured in 2024. That is the highest value across all 19 years on record.
That represents a change of up 20.9% on the previous year and up 104.5% over ten years.
Over the whole period, new business density in Albania peaked at 2.29 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.7217 new registrations per 1,000 people ages 15-64, in 2006.
That places Albania 88th out of 177 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Albania, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.7217 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 1.11 new registrations per 1,000 people ages 15-64 | +53.7% |
| 2008 | 1.53 new registrations per 1,000 people ages 15-64 | +38.3% |
| 2009 | 1.04 new registrations per 1,000 people ages 15-64 | -31.9% |
| 2010 | 1.06 new registrations per 1,000 people ages 15-64 | +1.9% |
| 2011 | 0.9381 new registrations per 1,000 people ages 15-64 | -11.8% |
| 2012 | 0.9535 new registrations per 1,000 people ages 15-64 | +1.6% |
| 2013 | 1.07 new registrations per 1,000 people ages 15-64 | +11.7% |
| 2014 | 1.12 new registrations per 1,000 people ages 15-64 | +5.3% |
| 2015 | 1.3 new registrations per 1,000 people ages 15-64 | +16.0% |
| 2016 | 1.36 new registrations per 1,000 people ages 15-64 | +4.5% |
| 2017 | 1.52 new registrations per 1,000 people ages 15-64 | +11.6% |
| 2018 | 1.53 new registrations per 1,000 people ages 15-64 | +0.7% |
| 2019 | 1.54 new registrations per 1,000 people ages 15-64 | +1.1% |
| 2020 | 1.43 new registrations per 1,000 people ages 15-64 | -7.1% |
| 2021 | 1.74 new registrations per 1,000 people ages 15-64 | +21.3% |
| 2022 | 1.81 new registrations per 1,000 people ages 15-64 | +3.9% |
| 2023 | 1.9 new registrations per 1,000 people ages 15-64 | +5.0% |
| 2024 | 2.29 new registrations per 1,000 people ages 15-64 | +20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.1 new registrations per 1,000 people ages 15-64 | 0.7217 new registrations per 1,000 people ages 15-64 | 1.53 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 1.24 new registrations per 1,000 people ages 15-64 | 0.9381 new registrations per 1,000 people ages 15-64 | 1.54 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 1.84 new registrations per 1,000 people ages 15-64 | 1.43 new registrations per 1,000 people ages 15-64 | 2.29 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Albania
- 85 Malaysia 2.38 new registrations per 1,000 people ages 15-64 compare
- 86 Poland 2.38 new registrations per 1,000 people ages 15-64 compare
- 87 Timor-Leste 2.34 new registrations per 1,000 people ages 15-64 compare
- 89 Russian Federation 2.28 new registrations per 1,000 people ages 15-64 compare
- 90 Colombia 2.22 new registrations per 1,000 people ages 15-64 compare
- 91 Sao Tome and Principe 2.19 new registrations per 1,000 people ages 15-64 compare
More private sector data for Albania
- Merchandise trade 47.9% (2025)
- Food imports 16.6% (2024)
- Manufactures imports 63.2% (2024)
- Merchandise imports 10.28 billion current US$ (2025)
- Food exports 13.4% (2024)
- Manufactures exports 54.1% (2024)
- Merchandise exports 4.35 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,850 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1423 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.68 % change on previous year (2025)
Frequently asked questions
- What is new business density in Albania?
- New business density in Albania was 2.29 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Albania?
- The highest recorded value was 2.29 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Albania?
- The lowest recorded value was 0.7217 new registrations per 1,000 people ages 15-64 in 2006.
- How does Albania rank for new business density?
- Albania ranks 88th out of 177 countries with data for 2024.
- Is new business density rising or falling in Albania?
- Over the last ten years it is up 104.5%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.