New business density in Botswana
Botswana: New business density was 13.33 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
13.33 new registrations per 1,000 people ages 15-64
Change on year
up 68.9%
World rank
18th
of 176 countries
All-time high
19.15 new registrations per 1,000 people ages 15-64
in 2016
All-time low
5.05 new registrations per 1,000 people ages 15-64
in 2017
Years of data
19
2006–2024
New business density in Botswana, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Botswana recorded 13.33 new registrations per 1,000 people ages 15-64 for new business density in 2024.
The figure is up 68.9% on the previous year and down 3.4% over ten years.
Over the whole period, new business density in Botswana peaked at 19.15 new registrations per 1,000 people ages 15-64 in 2016 and was at its lowest, 5.05 new registrations per 1,000 people ages 15-64, in 2017.
That places Botswana 18th out of 176 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Botswana, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 5.75 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 5.89 new registrations per 1,000 people ages 15-64 | +2.5% |
| 2008 | 6.79 new registrations per 1,000 people ages 15-64 | +15.2% |
| 2009 | 8.83 new registrations per 1,000 people ages 15-64 | +29.9% |
| 2010 | 9.2 new registrations per 1,000 people ages 15-64 | +4.2% |
| 2011 | 9.52 new registrations per 1,000 people ages 15-64 | +3.5% |
| 2012 | 12.3 new registrations per 1,000 people ages 15-64 | +29.2% |
| 2013 | 11.33 new registrations per 1,000 people ages 15-64 | -7.9% |
| 2014 | 13.8 new registrations per 1,000 people ages 15-64 | +21.8% |
| 2015 | 17.19 new registrations per 1,000 people ages 15-64 | +24.5% |
| 2016 | 19.15 new registrations per 1,000 people ages 15-64 | +11.4% |
| 2017 | 5.05 new registrations per 1,000 people ages 15-64 | -73.6% |
| 2018 | 5.2 new registrations per 1,000 people ages 15-64 | +3.0% |
| 2019 | 5.77 new registrations per 1,000 people ages 15-64 | +11.0% |
| 2020 | 7.8 new registrations per 1,000 people ages 15-64 | +35.2% |
| 2021 | 8.98 new registrations per 1,000 people ages 15-64 | +15.1% |
| 2022 | 9.36 new registrations per 1,000 people ages 15-64 | +4.2% |
| 2023 | 7.89 new registrations per 1,000 people ages 15-64 | -15.7% |
| 2024 | 13.33 new registrations per 1,000 people ages 15-64 | +68.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.82 new registrations per 1,000 people ages 15-64 | 5.75 new registrations per 1,000 people ages 15-64 | 8.83 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 10.85 new registrations per 1,000 people ages 15-64 | 5.05 new registrations per 1,000 people ages 15-64 | 19.15 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 9.48 new registrations per 1,000 people ages 15-64 | 7.8 new registrations per 1,000 people ages 15-64 | 13.33 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Botswana
- 15 Naoero 15.23 new registrations per 1,000 people ages 15-64 compare
- 16 Croatia 15.21 new registrations per 1,000 people ages 15-64 compare
- 17 Mauritius 13.98 new registrations per 1,000 people ages 15-64 compare
- 19 Belize 13.01 new registrations per 1,000 people ages 15-64 compare
- 20 Singapore 11.59 new registrations per 1,000 people ages 15-64 compare
- 21 South Africa 11.46 new registrations per 1,000 people ages 15-64 compare
More private sector data for Botswana
- Merchandise trade 57.8% (2025)
- Food imports 16.2% (2023)
- Manufactures imports 61.8% (2023)
- Merchandise imports 6.39 billion current US$ (2025)
- Food exports 1.9% (2023)
- Manufactures exports 86.3% (2023)
- Merchandise exports 5.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,998 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2569 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.73 % change on previous year (2025)
Frequently asked questions
- What is new business density in Botswana?
- New business density in Botswana was 13.33 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 Botswana?
- The highest recorded value was 19.15 new registrations per 1,000 people ages 15-64 in 2016.
- What is the lowest new business density recorded in Botswana?
- The lowest recorded value was 5.05 new registrations per 1,000 people ages 15-64 in 2017.
- How does Botswana rank for new business density?
- Botswana ranks 18th out of 176 countries with data for 2024.
- Is new business density rising or falling in Botswana?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is rising.
- Where does this Botswana 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.