New business density in China
China: New business density was 15.59 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
15.59 new registrations per 1,000 people ages 15-64
Change on year
down 22.3%
World rank
13th
of 177 countries
All-time high
20.07 new registrations per 1,000 people ages 15-64
in 2023
All-time low
3.9 new registrations per 1,000 people ages 15-64
in 2008
Years of data
17
2008–2024
New business density in China, 2008–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
China recorded 15.59 new registrations per 1,000 people ages 15-64 for new business density in 2024.
Compared with earlier readings it is down 22.3% on the previous year and up 38.7% over ten years.
Over the whole period, new business density in China peaked at 20.07 new registrations per 1,000 people ages 15-64 in 2023 and was at its lowest, 3.9 new registrations per 1,000 people ages 15-64, in 2008.
China ranks 13th of 177 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
New business density in China, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2008 | 3.9 new registrations per 1,000 people ages 15-64 | — |
| 2009 | 5.05 new registrations per 1,000 people ages 15-64 | +29.4% |
| 2010 | 5.92 new registrations per 1,000 people ages 15-64 | +17.2% |
| 2011 | 6.44 new registrations per 1,000 people ages 15-64 | +8.8% |
| 2012 | 6.48 new registrations per 1,000 people ages 15-64 | +0.6% |
| 2013 | 7.29 new registrations per 1,000 people ages 15-64 | +12.4% |
| 2014 | 11.24 new registrations per 1,000 people ages 15-64 | +54.3% |
| 2015 | 12.91 new registrations per 1,000 people ages 15-64 | +14.8% |
| 2016 | 14.77 new registrations per 1,000 people ages 15-64 | +14.4% |
| 2017 | 13.95 new registrations per 1,000 people ages 15-64 | -5.6% |
| 2018 | 14.12 new registrations per 1,000 people ages 15-64 | +1.2% |
| 2019 | 13.25 new registrations per 1,000 people ages 15-64 | -6.1% |
| 2020 | 14.3 new registrations per 1,000 people ages 15-64 | +7.9% |
| 2021 | 19.03 new registrations per 1,000 people ages 15-64 | +33.1% |
| 2022 | 15.76 new registrations per 1,000 people ages 15-64 | -17.2% |
| 2023 | 20.07 new registrations per 1,000 people ages 15-64 | +27.4% |
| 2024 | 15.59 new registrations per 1,000 people ages 15-64 | -22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.48 new registrations per 1,000 people ages 15-64 | 3.9 new registrations per 1,000 people ages 15-64 | 5.05 new registrations per 1,000 people ages 15-64 | 2 |
| 2010s | 10.64 new registrations per 1,000 people ages 15-64 | 5.92 new registrations per 1,000 people ages 15-64 | 14.77 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 16.95 new registrations per 1,000 people ages 15-64 | 14.3 new registrations per 1,000 people ages 15-64 | 20.07 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near China
- 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
- 14 Liechtenstein 15.57 new registrations per 1,000 people ages 15-64 compare
- 15 Naoero 15.23 new registrations per 1,000 people ages 15-64 compare
- 16 Croatia 15.21 new registrations per 1,000 people ages 15-64 compare
More private sector data for China
- Merchandise trade 32.6% (2025)
- Food imports 8.1% (2024)
- Manufactures imports 49.3% (2024)
- Merchandise imports 2.58 trillion current US$ (2025)
- Food exports 2.4% (2024)
- Manufactures exports 91.2% (2024)
- Merchandise exports 3.77 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,682 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1934 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.48 % change on previous year (2025)
Frequently asked questions
- What is new business density in China?
- New business density in China was 15.59 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 China?
- The highest recorded value was 20.07 new registrations per 1,000 people ages 15-64 in 2023.
- What is the lowest new business density recorded in China?
- The lowest recorded value was 3.9 new registrations per 1,000 people ages 15-64 in 2008.
- How does China rank for new business density?
- China ranks 13th out of 177 countries with data for 2024.
- Is new business density rising or falling in China?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is rising.
- Where does this China 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.