New business density in Bosnia and Herzegovina
Bosnia and Herzegovina: New business density was 1.64 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
1.64 new registrations per 1,000 people ages 15-64
Change on year
down 4.0%
World rank
106th
of 177 countries
All-time high
1.71 new registrations per 1,000 people ages 15-64
in 2023
All-time low
0.7032 new registrations per 1,000 people ages 15-64
in 2009
Years of data
16
2009–2024
New business density in Bosnia and Herzegovina, 2009–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Bosnia and Herzegovina recorded 1.64 new registrations per 1,000 people ages 15-64 for new business density in 2024.
That represents a change of down 4.0% on the previous year and up 83.9% over ten years.
Over the whole period, new business density in Bosnia and Herzegovina peaked at 1.71 new registrations per 1,000 people ages 15-64 in 2023 and was at its lowest, 0.7032 new registrations per 1,000 people ages 15-64, in 2009.
That places Bosnia and Herzegovina 106th 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 16 years of available data.
New business density in Bosnia and Herzegovina, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2009 | 0.7032 new registrations per 1,000 people ages 15-64 | — |
| 2010 | 0.734 new registrations per 1,000 people ages 15-64 | +4.4% |
| 2011 | 0.7333 new registrations per 1,000 people ages 15-64 | -0.1% |
| 2012 | 0.7218 new registrations per 1,000 people ages 15-64 | -1.6% |
| 2013 | 0.7637 new registrations per 1,000 people ages 15-64 | +5.8% |
| 2014 | 0.8945 new registrations per 1,000 people ages 15-64 | +17.1% |
| 2015 | 0.9643 new registrations per 1,000 people ages 15-64 | +7.8% |
| 2016 | 1.19 new registrations per 1,000 people ages 15-64 | +23.4% |
| 2017 | 1.05 new registrations per 1,000 people ages 15-64 | -11.9% |
| 2018 | 1.1 new registrations per 1,000 people ages 15-64 | +4.5% |
| 2019 | 1.14 new registrations per 1,000 people ages 15-64 | +4.3% |
| 2020 | 1.02 new registrations per 1,000 people ages 15-64 | -10.6% |
| 2021 | 1.39 new registrations per 1,000 people ages 15-64 | +35.8% |
| 2022 | 1.52 new registrations per 1,000 people ages 15-64 | +9.8% |
| 2023 | 1.71 new registrations per 1,000 people ages 15-64 | +12.6% |
| 2024 | 1.64 new registrations per 1,000 people ages 15-64 | -4.0% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 1.64 new registrations per 1,000 people ages 15-64 is below the median for upper middle income countries, which is 2.17 new registrations per 1,000 people ages 15-64, 76% of the median. (52 countries reporting)
- Bosnia and Herzegovina's 1.64 new registrations per 1,000 people ages 15-64 is below the median for Europe & Central Asia, which is 4.21 new registrations per 1,000 people ages 15-64, 39% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7032 new registrations per 1,000 people ages 15-64 | 0.7032 new registrations per 1,000 people ages 15-64 | 0.7032 new registrations per 1,000 people ages 15-64 | 1 |
| 2010s | 0.9286 new registrations per 1,000 people ages 15-64 | 0.7218 new registrations per 1,000 people ages 15-64 | 1.19 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 1.46 new registrations per 1,000 people ages 15-64 | 1.02 new registrations per 1,000 people ages 15-64 | 1.71 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Bosnia and Herzegovina
- 103 Thailand 1.75 new registrations per 1,000 people ages 15-64 compare
- 104 Kenya 1.73 new registrations per 1,000 people ages 15-64 compare
- 105 Ukraine 1.65 new registrations per 1,000 people ages 15-64 compare
- 107 Ecuador 1.59 new registrations per 1,000 people ages 15-64 compare
- 108 Vanuatu 1.58 new registrations per 1,000 people ages 15-64 compare
- 109 Gabon 1.57 new registrations per 1,000 people ages 15-64 compare
More private sector data for Bosnia and Herzegovina
- Merchandise trade 83.3% (2025)
- Food imports 18.2% (2025)
- Manufactures imports 63.7% (2025)
- Merchandise imports 17.33 billion current US$ (2025)
- Food exports 7.4% (2025)
- Manufactures exports 72.2% (2025)
- Merchandise exports 9.81 billion current US$ (2025)
- Merchandise exports (current US$), per capita 3,125 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.301 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.38 % change on previous year (2025)
Frequently asked questions
- What is new business density in Bosnia and Herzegovina?
- New business density in Bosnia and Herzegovina was 1.64 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 Bosnia and Herzegovina?
- The highest recorded value was 1.71 new registrations per 1,000 people ages 15-64 in 2023.
- What is the lowest new business density recorded in Bosnia and Herzegovina?
- The lowest recorded value was 0.7032 new registrations per 1,000 people ages 15-64 in 2009.
- How does Bosnia and Herzegovina rank for new business density?
- Bosnia and Herzegovina ranks 106th out of 177 countries with data for 2024.
- Is new business density rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 83.9%. The long-run trend across the full record is rising.
- Where does this Bosnia and Herzegovina 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.