New business density in Central Europe and the Baltics
Central Europe and the Baltics: New business density was 5.28 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
5.28 new registrations per 1,000 people ages 15-64
Change on year
down 1.3%
Rank
10th
of 45 groups
All-time high
5.56 new registrations per 1,000 people ages 15-64
in 2022
All-time low
3.25 new registrations per 1,000 people ages 15-64
in 2009
Years of data
19
2006–2024
New business density in Central Europe and the Baltics, 2006–2024
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 Central Europe and the Baltics is 5.28 new registrations per 1,000 people ages 15-64, measured in 2024.
The figure is down 1.3% on the previous year and up 36.5% over ten years.
Over the whole period, new business density in Central Europe and the Baltics peaked at 5.56 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 3.25 new registrations per 1,000 people ages 15-64, in 2009.
Central Europe and the Baltics ranks 10th of 45 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Central Europe and the Baltics, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 3.35 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 3.75 new registrations per 1,000 people ages 15-64 | +12.1% |
| 2008 | 4.14 new registrations per 1,000 people ages 15-64 | +10.2% |
| 2009 | 3.25 new registrations per 1,000 people ages 15-64 | -21.4% |
| 2010 | 3.34 new registrations per 1,000 people ages 15-64 | +2.9% |
| 2011 | 3.92 new registrations per 1,000 people ages 15-64 | +17.1% |
| 2012 | 3.83 new registrations per 1,000 people ages 15-64 | -2.1% |
| 2013 | 4.2 new registrations per 1,000 people ages 15-64 | +9.5% |
| 2014 | 3.87 new registrations per 1,000 people ages 15-64 | -7.8% |
| 2015 | 4.1 new registrations per 1,000 people ages 15-64 | +6.0% |
| 2016 | 4.52 new registrations per 1,000 people ages 15-64 | +10.2% |
| 2017 | 5 new registrations per 1,000 people ages 15-64 | +10.6% |
| 2018 | 4.98 new registrations per 1,000 people ages 15-64 | -0.3% |
| 2019 | 5 new registrations per 1,000 people ages 15-64 | +0.3% |
| 2020 | 4.47 new registrations per 1,000 people ages 15-64 | -10.5% |
| 2021 | 5.45 new registrations per 1,000 people ages 15-64 | +21.9% |
| 2022 | 5.56 new registrations per 1,000 people ages 15-64 | +1.9% |
| 2023 | 5.35 new registrations per 1,000 people ages 15-64 | -3.7% |
| 2024 | 5.28 new registrations per 1,000 people ages 15-64 | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.62 new registrations per 1,000 people ages 15-64 | 3.25 new registrations per 1,000 people ages 15-64 | 4.14 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 4.28 new registrations per 1,000 people ages 15-64 | 3.34 new registrations per 1,000 people ages 15-64 | 5 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 5.22 new registrations per 1,000 people ages 15-64 | 4.47 new registrations per 1,000 people ages 15-64 | 5.56 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Central Europe and the Baltics
- 7 Luxembourg 19.61 new registrations per 1,000 people ages 15-64 compare
- 8 United Kingdom of Great Britain and Northern Ireland 19.19 new registrations per 1,000 people ages 15-64 compare
- 9 Saint Kitts and Nevis 18.72 new registrations per 1,000 people ages 15-64 compare
- 10 Australia 18.06 new registrations per 1,000 people ages 15-64 compare
- 11 Montenegro 17.86 new registrations per 1,000 people ages 15-64 compare
- 12 New Zealand 16.05 new registrations per 1,000 people ages 15-64 compare
- 13 China 15.59 new registrations per 1,000 people ages 15-64 compare
More private sector data for Central Europe and the Baltics
- Merchandise trade 100.1% (2025)
- Food imports 9.1% (2024)
- Manufactures imports 76.4% (2024)
- Merchandise imports 1.41 trillion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 80.6% (2024)
- Merchandise exports 1.36 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 13,615 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4919 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.42 % change on previous year (2025)
Frequently asked questions
- What is new business density in Central Europe and the Baltics?
- New business density in Central Europe and the Baltics was 5.28 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 Europe and the Baltics?
- The highest recorded value was 5.56 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in Central Europe and the Baltics?
- The lowest recorded value was 3.25 new registrations per 1,000 people ages 15-64 in 2009.
- How does Central Europe and the Baltics rank for new business density?
- Central Europe and the Baltics ranks 10th out of 45 groups with data for 2024.
- Is new business density rising or falling in Central Europe and the Baltics?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is rising.
- Where does this Central Europe and the Baltics 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.