New business density in Bulgaria
Bulgaria: New business density was 10.46 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
10.46 new registrations per 1,000 people ages 15-64
Change on year
up 5.2%
World rank
24th
of 177 countries
All-time high
10.65 new registrations per 1,000 people ages 15-64
in 2018
All-time low
5.92 new registrations per 1,000 people ages 15-64
in 2010
Years of data
17
2008–2024
New business density in Bulgaria, 2008–2024
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 Bulgaria is 10.46 new registrations per 1,000 people ages 15-64, measured in 2024.
Compared with earlier readings it is up 5.2% on the previous year and up 24.7% over ten years.
Over the whole period, new business density in Bulgaria peaked at 10.65 new registrations per 1,000 people ages 15-64 in 2018 and was at its lowest, 5.92 new registrations per 1,000 people ages 15-64, in 2010.
Bulgaria ranks 24th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
New business density in Bulgaria, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2008 | 7.31 new registrations per 1,000 people ages 15-64 | — |
| 2009 | 6.2 new registrations per 1,000 people ages 15-64 | -15.1% |
| 2010 | 5.92 new registrations per 1,000 people ages 15-64 | -4.5% |
| 2011 | 7.3 new registrations per 1,000 people ages 15-64 | +23.1% |
| 2012 | 8.35 new registrations per 1,000 people ages 15-64 | +14.4% |
| 2013 | 8.36 new registrations per 1,000 people ages 15-64 | +0.1% |
| 2014 | 8.38 new registrations per 1,000 people ages 15-64 | +0.3% |
| 2015 | 9.27 new registrations per 1,000 people ages 15-64 | +10.5% |
| 2016 | 10.42 new registrations per 1,000 people ages 15-64 | +12.4% |
| 2017 | 10.58 new registrations per 1,000 people ages 15-64 | +1.5% |
| 2018 | 10.65 new registrations per 1,000 people ages 15-64 | +0.7% |
| 2019 | 10.15 new registrations per 1,000 people ages 15-64 | -4.7% |
| 2020 | 8.39 new registrations per 1,000 people ages 15-64 | -17.4% |
| 2021 | 9.52 new registrations per 1,000 people ages 15-64 | +13.5% |
| 2022 | 9.7 new registrations per 1,000 people ages 15-64 | +1.9% |
| 2023 | 9.94 new registrations per 1,000 people ages 15-64 | +2.5% |
| 2024 | 10.46 new registrations per 1,000 people ages 15-64 | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.75 new registrations per 1,000 people ages 15-64 | 6.2 new registrations per 1,000 people ages 15-64 | 7.31 new registrations per 1,000 people ages 15-64 | 2 |
| 2010s | 8.94 new registrations per 1,000 people ages 15-64 | 5.92 new registrations per 1,000 people ages 15-64 | 10.65 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 9.6 new registrations per 1,000 people ages 15-64 | 8.39 new registrations per 1,000 people ages 15-64 | 10.46 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Bulgaria
- 21 South Africa 11.46 new registrations per 1,000 people ages 15-64 compare
- 22 Portugal 11 new registrations per 1,000 people ages 15-64 compare
- 23 Iceland 10.86 new registrations per 1,000 people ages 15-64 compare
- 25 Chile 9.09 new registrations per 1,000 people ages 15-64 compare
- 26 Malta 8.47 new registrations per 1,000 people ages 15-64 compare
- 27 Kosovo 8.35 new registrations per 1,000 people ages 15-64 compare
- 27 Kosovo (UNSCR 1244) 8.35 new registrations per 1,000 people ages 15-64 compare
More private sector data for Bulgaria
- Merchandise trade 83.5% (2025)
- Food imports 13.2% (2024)
- Manufactures imports 60.0% (2024)
- Merchandise imports 60.89 billion current US$ (2025)
- Food exports 15.2% (2024)
- Manufactures exports 53.4% (2024)
- Merchandise exports 48.32 billion current US$ (2025)
- Merchandise exports (current US$), per capita 7,511 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3695 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.8979 % change on previous year (2025)
Frequently asked questions
- What is new business density in Bulgaria?
- New business density in Bulgaria was 10.46 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 Bulgaria?
- The highest recorded value was 10.65 new registrations per 1,000 people ages 15-64 in 2018.
- What is the lowest new business density recorded in Bulgaria?
- The lowest recorded value was 5.92 new registrations per 1,000 people ages 15-64 in 2010.
- How does Bulgaria rank for new business density?
- Bulgaria ranks 24th out of 177 countries with data for 2024.
- Is new business density rising or falling in Bulgaria?
- Over the last ten years it is up 24.7%. The long-run trend across the full record is rising.
- Where does this Bulgaria 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.