New business density (new registrations per 1,000 people ages 15-64) in Brunei
Brunei: New business density (new registrations per 1,000 people ages 15-64) was 0.4692 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
New business density in Brunei, 2012–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Brunei recorded 0.4692 new registrations per 1,000 people ages 15-64 for new business density in 2024.
Compared with earlier readings it is up 29.0% on the previous year and down 69.2% over ten years.
Over the whole period, new business density in Brunei peaked at 2.42 new registrations per 1,000 people ages 15-64 in 2019 and was at its lowest, 0.2691 new registrations per 1,000 people ages 15-64, in 2022.
That places Brunei 150th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New business density (new registrations per 1,000 people ages 15-64) in Brunei, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2012 | 1.65 new registrations per 1,000 people ages 15-64 | — |
| 2013 | 1.61 new registrations per 1,000 people ages 15-64 | -2.7% |
| 2014 | 1.52 new registrations per 1,000 people ages 15-64 | -5.4% |
| 2015 | 1.41 new registrations per 1,000 people ages 15-64 | -7.7% |
| 2016 | 1.87 new registrations per 1,000 people ages 15-64 | +33.1% |
| 2017 | 2.13 new registrations per 1,000 people ages 15-64 | +13.6% |
| 2018 | 1.96 new registrations per 1,000 people ages 15-64 | -7.8% |
| 2019 | 2.42 new registrations per 1,000 people ages 15-64 | +23.4% |
| 2020 | 1.05 new registrations per 1,000 people ages 15-64 | -56.4% |
| 2021 | 0.4078 new registrations per 1,000 people ages 15-64 | -61.3% |
| 2022 | 0.2691 new registrations per 1,000 people ages 15-64 | -34.0% |
| 2023 | 0.3638 new registrations per 1,000 people ages 15-64 | +35.2% |
| 2024 | 0.4692 new registrations per 1,000 people ages 15-64 | +29.0% |
Brunei compared with similar countries
- Brunei's 0.4692 new registrations per 1,000 people ages 15-64 is below the median for high income countries, which is 5.68 new registrations per 1,000 people ages 15-64, 8% of the median. (63 countries reporting)
- Brunei's 0.4692 new registrations per 1,000 people ages 15-64 is below the median for East Asia & Pacific, which is 1.67 new registrations per 1,000 people ages 15-64, 28% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.82 new registrations per 1,000 people ages 15-64 | 1.41 new registrations per 1,000 people ages 15-64 | 2.42 new registrations per 1,000 people ages 15-64 | 8 |
| 2020s | 0.5127 new registrations per 1,000 people ages 15-64 | 0.2691 new registrations per 1,000 people ages 15-64 | 1.05 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Brunei
- 147 Argentina 0.5246 new registrations per 1,000 people ages 15-64 compare
- 148 Philippines 0.5071 new registrations per 1,000 people ages 15-64 compare
- 149 Bolivia 0.4714 new registrations per 1,000 people ages 15-64 compare
- 151 Guinea-Bissau 0.4682 new registrations per 1,000 people ages 15-64 compare
- 152 Cambodia 0.4548 new registrations per 1,000 people ages 15-64 compare
- 153 Congo 0.4011 new registrations per 1,000 people ages 15-64 compare
More private sector data for Brunei
- Merchandise trade 110.0% (2025)
- Food imports 8.3% (2025)
- Manufactures imports 23.7% (2025)
- Merchandise imports 6.04 billion current US$ (2025)
- Commercial service imports 1.51 billion current US$ (2025)
- Food exports 0.1% (2025)
- Manufactures exports 24.3% (2025)
- Merchandise exports 10.50 billion current US$ (2025)
- Commercial service exports 443.71 million current US$ (2025)
- Merchandise exports (current US$), per capita 22,512 current US$ per person (2025)
Frequently asked questions
- What is new business density in Brunei?
- New business density in Brunei was 0.4692 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 Brunei?
- The highest recorded value was 2.42 new registrations per 1,000 people ages 15-64 in 2019.
- What is the lowest new business density recorded in Brunei?
- The lowest recorded value was 0.2691 new registrations per 1,000 people ages 15-64 in 2022.
- How does Brunei rank for new business density?
- Brunei ranks 150th out of 177 countries with data for 2024.
- Is new business density rising or falling in Brunei?
- Over the last ten years it is down 69.2%. The long-run trend across the full record is volatile.
- Where does this Brunei 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.