New business density in Central African Republic
Central African Republic: New business density was 0.0991 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in Central African Republic, 2009–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2024, new business density in Central African Republic stood at 0.0991 new registrations per 1,000 people ages 15-64.
Compared with earlier readings it is up 1.6% on the previous year and up 272.8% over ten years.
Over the whole period, new business density in Central African Republic peaked at 0.1027 new registrations per 1,000 people ages 15-64 in 2021 and was at its lowest, 0.0266 new registrations per 1,000 people ages 15-64, in 2014.
That places Central African Republic 171st out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
New business density in Central African Republic, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2009 | 0.032 new registrations per 1,000 people ages 15-64 | — |
| 2010 | 0.0345 new registrations per 1,000 people ages 15-64 | +7.8% |
| 2011 | 0.0406 new registrations per 1,000 people ages 15-64 | +17.5% |
| 2012 | 0.0563 new registrations per 1,000 people ages 15-64 | +38.8% |
| 2013 | 0.0269 new registrations per 1,000 people ages 15-64 | -52.3% |
| 2014 | 0.0266 new registrations per 1,000 people ages 15-64 | -1.1% |
| 2015 | 0.0432 new registrations per 1,000 people ages 15-64 | +62.4% |
| 2016 | 0.0672 new registrations per 1,000 people ages 15-64 | +55.6% |
| 2017 | 0.0653 new registrations per 1,000 people ages 15-64 | -2.8% |
| 2018 | 0.0882 new registrations per 1,000 people ages 15-64 | +35.1% |
| 2019 | 0.0854 new registrations per 1,000 people ages 15-64 | -3.2% |
| 2020 | 0.085 new registrations per 1,000 people ages 15-64 | -0.4% |
| 2021 | 0.1027 new registrations per 1,000 people ages 15-64 | +20.7% |
| 2022 | 0.0928 new registrations per 1,000 people ages 15-64 | -9.7% |
| 2023 | 0.0976 new registrations per 1,000 people ages 15-64 | +5.2% |
| 2024 | 0.0991 new registrations per 1,000 people ages 15-64 | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.032 new registrations per 1,000 people ages 15-64 | 0.032 new registrations per 1,000 people ages 15-64 | 0.032 new registrations per 1,000 people ages 15-64 | 1 |
| 2010s | 0.0534 new registrations per 1,000 people ages 15-64 | 0.0266 new registrations per 1,000 people ages 15-64 | 0.0882 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.0954 new registrations per 1,000 people ages 15-64 | 0.085 new registrations per 1,000 people ages 15-64 | 0.1027 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Central African Republic
- 168 Iraq 0.1168 new registrations per 1,000 people ages 15-64 compare
- 169 Congo, Democratic Republic of the 0.1096 new registrations per 1,000 people ages 15-64 compare
- 170 Niger 0.0998 new registrations per 1,000 people ages 15-64 compare
- 172 Bhutan 0.0714 new registrations per 1,000 people ages 15-64 compare
- 173 Haiti 0.0653 new registrations per 1,000 people ages 15-64
- 174 Bangladesh 0.0648 new registrations per 1,000 people ages 15-64 compare
More private sector data for Central African Republic
- Merchandise trade 27.0% (2025)
- Food imports 20.9% (2024)
- Manufactures imports 51.1% (2024)
- Merchandise imports 573.00 million current US$ (2025)
- Food exports 0.2% (2024)
- Manufactures exports 71.8% (2024)
- Merchandise exports 255.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 46.25 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0832 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 110.74 % change on previous year (2025)
Frequently asked questions
- What is new business density in Central African Republic?
- New business density in Central African Republic was 0.0991 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 Central African Republic?
- The highest recorded value was 0.1027 new registrations per 1,000 people ages 15-64 in 2021.
- What is the lowest new business density recorded in Central African Republic?
- The lowest recorded value was 0.0266 new registrations per 1,000 people ages 15-64 in 2014.
- How does Central African Republic rank for new business density?
- Central African Republic ranks 171st out of 177 countries with data for 2024.
- Is new business density rising or falling in Central African Republic?
- Over the last ten years it is up 272.8%. The long-run trend across the full record is rising.
- Where does this Central African Republic 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.