New business density in Early-demographic dividend
Early-demographic dividend: New business density was 0.8576 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in Early-demographic dividend, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2024, new business density in Early-demographic dividend stood at 0.8576 new registrations per 1,000 people ages 15-64. That is the highest value across all 19 years on record.
That represents a change of up 8.9% on the previous year and up 88.1% over ten years.
Over the whole period, new business density in Early-demographic dividend peaked at 0.8576 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.3943 new registrations per 1,000 people ages 15-64, in 2010.
That places Early-demographic dividend 34th out of 45 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Early-demographic dividend, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.4062 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.4628 new registrations per 1,000 people ages 15-64 | +14.0% |
| 2008 | 0.4851 new registrations per 1,000 people ages 15-64 | +4.8% |
| 2009 | 0.3974 new registrations per 1,000 people ages 15-64 | -18.1% |
| 2010 | 0.3943 new registrations per 1,000 people ages 15-64 | -0.8% |
| 2011 | 0.3958 new registrations per 1,000 people ages 15-64 | +0.4% |
| 2012 | 0.4318 new registrations per 1,000 people ages 15-64 | +9.1% |
| 2013 | 0.4615 new registrations per 1,000 people ages 15-64 | +6.9% |
| 2014 | 0.456 new registrations per 1,000 people ages 15-64 | -1.2% |
| 2015 | 0.5204 new registrations per 1,000 people ages 15-64 | +14.1% |
| 2016 | 0.5351 new registrations per 1,000 people ages 15-64 | +2.8% |
| 2017 | 0.5681 new registrations per 1,000 people ages 15-64 | +6.2% |
| 2018 | 0.5948 new registrations per 1,000 people ages 15-64 | +4.7% |
| 2019 | 0.6328 new registrations per 1,000 people ages 15-64 | +6.4% |
| 2020 | 0.6573 new registrations per 1,000 people ages 15-64 | +3.9% |
| 2021 | 0.7132 new registrations per 1,000 people ages 15-64 | +8.5% |
| 2022 | 0.7414 new registrations per 1,000 people ages 15-64 | +4.0% |
| 2023 | 0.7874 new registrations per 1,000 people ages 15-64 | +6.2% |
| 2024 | 0.8576 new registrations per 1,000 people ages 15-64 | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4379 new registrations per 1,000 people ages 15-64 | 0.3974 new registrations per 1,000 people ages 15-64 | 0.4851 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.4991 new registrations per 1,000 people ages 15-64 | 0.3943 new registrations per 1,000 people ages 15-64 | 0.6328 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.7514 new registrations per 1,000 people ages 15-64 | 0.6573 new registrations per 1,000 people ages 15-64 | 0.8576 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Early-demographic dividend
- 31 Mongolia 8.26 new registrations per 1,000 people ages 15-64 compare
- 32 Barbados 8.11 new registrations per 1,000 people ages 15-64 compare
- 33 Georgia 7.62 new registrations per 1,000 people ages 15-64 compare
- 34 Romania 7.47 new registrations per 1,000 people ages 15-64 compare
- 35 Sweden 7.08 new registrations per 1,000 people ages 15-64 compare
- 36 Latvia 7.02 new registrations per 1,000 people ages 15-64 compare
- 37 Denmark 6.85 new registrations per 1,000 people ages 15-64 compare
More private sector data for Early-demographic dividend
- Merchandise trade 41.4% (2025)
- Food imports 9.3% (2024)
- Manufactures imports 62.8% (2024)
- Merchandise imports 3.69 trillion current US$ (2025)
- Food exports 14.1% (2024)
- Manufactures exports 55.4% (2024)
- Merchandise exports 3.12 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 867.95 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1901 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.37 % change on previous year (2025)
Frequently asked questions
- What is new business density in Early-demographic dividend?
- New business density in Early-demographic dividend was 0.8576 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 Early-demographic dividend?
- The highest recorded value was 0.8576 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Early-demographic dividend?
- The lowest recorded value was 0.3943 new registrations per 1,000 people ages 15-64 in 2010.
- How does Early-demographic dividend rank for new business density?
- Early-demographic dividend ranks 34th out of 45 groups with data for 2024.
- Is new business density rising or falling in Early-demographic dividend?
- Over the last ten years it is up 88.1%. The long-run trend across the full record is rising.
- Where does this Early-demographic dividend 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.