New business density in Chile
Chile: New business density was 9.09 new registrations per 1,000 people ages 15-64 in 2023. ▲ Rising
Latest (2023)
9.09 new registrations per 1,000 people ages 15-64
Change on year
down 5.5%
World rank
25th
of 176 countries
All-time high
11.47 new registrations per 1,000 people ages 15-64
in 2021
All-time low
2.34 new registrations per 1,000 people ages 15-64
in 2006
Years of data
18
2006–2023
New business density in Chile, 2006–2023
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Chile recorded 9.09 new registrations per 1,000 people ages 15-64 for new business density in 2023.
That represents a change of down 5.5% on the previous year and up 91.0% over ten years.
Over the whole period, new business density in Chile peaked at 11.47 new registrations per 1,000 people ages 15-64 in 2021 and was at its lowest, 2.34 new registrations per 1,000 people ages 15-64, in 2006.
That places Chile 25th out of 176 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
New business density in Chile, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 2.34 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 2.48 new registrations per 1,000 people ages 15-64 | +5.9% |
| 2008 | 2.54 new registrations per 1,000 people ages 15-64 | +2.3% |
| 2009 | 2.67 new registrations per 1,000 people ages 15-64 | +5.4% |
| 2010 | 2.92 new registrations per 1,000 people ages 15-64 | +9.3% |
| 2011 | 3.52 new registrations per 1,000 people ages 15-64 | +20.4% |
| 2012 | 4.05 new registrations per 1,000 people ages 15-64 | +15.2% |
| 2013 | 4.76 new registrations per 1,000 people ages 15-64 | +17.4% |
| 2014 | 5.52 new registrations per 1,000 people ages 15-64 | +15.9% |
| 2015 | 5.72 new registrations per 1,000 people ages 15-64 | +3.7% |
| 2016 | 6.06 new registrations per 1,000 people ages 15-64 | +5.9% |
| 2017 | 7.64 new registrations per 1,000 people ages 15-64 | +26.1% |
| 2018 | 8.31 new registrations per 1,000 people ages 15-64 | +8.7% |
| 2019 | 8.17 new registrations per 1,000 people ages 15-64 | -1.7% |
| 2020 | 8.43 new registrations per 1,000 people ages 15-64 | +3.2% |
| 2021 | 11.47 new registrations per 1,000 people ages 15-64 | +36.1% |
| 2022 | 9.62 new registrations per 1,000 people ages 15-64 | -16.2% |
| 2023 | 9.09 new registrations per 1,000 people ages 15-64 | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.51 new registrations per 1,000 people ages 15-64 | 2.34 new registrations per 1,000 people ages 15-64 | 2.67 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 5.67 new registrations per 1,000 people ages 15-64 | 2.92 new registrations per 1,000 people ages 15-64 | 8.31 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 9.65 new registrations per 1,000 people ages 15-64 | 8.43 new registrations per 1,000 people ages 15-64 | 11.47 new registrations per 1,000 people ages 15-64 | 4 |
Countries ranked near Chile
- 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
- 24 Bulgaria 10.46 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
- 28 Norway 8.32 new registrations per 1,000 people ages 15-64 compare
More private sector data for Chile
- Merchandise trade 55.9% (2025)
- Food imports 11.6% (2025)
- Manufactures imports 70.1% (2025)
- Merchandise imports 92.66 billion current US$ (2025)
- Food exports 22.7% (2025)
- Manufactures exports 11.7% (2025)
- Merchandise exports 107.00 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,388 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2994 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.91 % change on previous year (2025)
Frequently asked questions
- What is new business density in Chile?
- New business density in Chile was 9.09 new registrations per 1,000 people ages 15-64 in 2023, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Chile?
- The highest recorded value was 11.47 new registrations per 1,000 people ages 15-64 in 2021.
- What is the lowest new business density recorded in Chile?
- The lowest recorded value was 2.34 new registrations per 1,000 people ages 15-64 in 2006.
- How does Chile rank for new business density?
- Chile ranks 25th out of 176 countries with data for 2023.
- Is new business density rising or falling in Chile?
- Over the last ten years it is up 91.0%. The long-run trend across the full record is rising.
- Where does this Chile 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 — 18 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.