New business density in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): New business density was 2.61 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in Europe & Central Asia (excluding high income), 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 Europe & Central Asia (excluding high income) is 2.61 new registrations per 1,000 people ages 15-64, measured in 2024.
The figure is down 7.8% on the previous year and up 113.3% over ten years.
Over the whole period, new business density in Europe & Central Asia (excluding high income) peaked at 2.9 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 0.9123 new registrations per 1,000 people ages 15-64, in 2009.
Europe & Central Asia (excluding high income) ranks 24th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Europe & Central Asia (excluding high income), year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 1.07 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 1.27 new registrations per 1,000 people ages 15-64 | +19.1% |
| 2008 | 1.12 new registrations per 1,000 people ages 15-64 | -11.6% |
| 2009 | 0.9123 new registrations per 1,000 people ages 15-64 | -18.7% |
| 2010 | 1.02 new registrations per 1,000 people ages 15-64 | +11.5% |
| 2011 | 1.15 new registrations per 1,000 people ages 15-64 | +13.4% |
| 2012 | 1.03 new registrations per 1,000 people ages 15-64 | -11.0% |
| 2013 | 1.23 new registrations per 1,000 people ages 15-64 | +20.3% |
| 2014 | 1.22 new registrations per 1,000 people ages 15-64 | -0.9% |
| 2015 | 1.27 new registrations per 1,000 people ages 15-64 | +3.5% |
| 2016 | 1.44 new registrations per 1,000 people ages 15-64 | +13.9% |
| 2017 | 1.73 new registrations per 1,000 people ages 15-64 | +19.9% |
| 2018 | 1.94 new registrations per 1,000 people ages 15-64 | +12.4% |
| 2019 | 2.21 new registrations per 1,000 people ages 15-64 | +13.6% |
| 2020 | 2.18 new registrations per 1,000 people ages 15-64 | -1.2% |
| 2021 | 2.5 new registrations per 1,000 people ages 15-64 | +14.7% |
| 2022 | 2.9 new registrations per 1,000 people ages 15-64 | +15.9% |
| 2023 | 2.83 new registrations per 1,000 people ages 15-64 | -2.4% |
| 2024 | 2.61 new registrations per 1,000 people ages 15-64 | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.09 new registrations per 1,000 people ages 15-64 | 0.9123 new registrations per 1,000 people ages 15-64 | 1.27 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 1.42 new registrations per 1,000 people ages 15-64 | 1.02 new registrations per 1,000 people ages 15-64 | 2.21 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.6 new registrations per 1,000 people ages 15-64 | 2.18 new registrations per 1,000 people ages 15-64 | 2.9 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 21 South Africa 11.46 new registrations per 1,000 people ages 15-64 compare
- 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
- 25 Chile 9.09 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
- 27 Kosovo (UNSCR 1244) 8.35 new registrations per 1,000 people ages 15-64 compare
More private sector data for Europe & Central Asia (excluding high income)
- Merchandise trade 49.0% (2025)
- Food imports 8.4% (2024)
- Manufactures imports 64.1% (2024)
- Merchandise imports 796.25 billion current US$ (2025)
- Food exports 17.5% (2024)
- Manufactures exports 52.5% (2024)
- Merchandise exports 584.92 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,309 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2077 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.23 % change on previous year (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is new business density in Europe & Central Asia (excluding high income)?
- New business density in Europe & Central Asia (excluding high income) was 2.61 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 2.9 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 0.9123 new registrations per 1,000 people ages 15-64 in 2009.
- How does Europe & Central Asia (excluding high income) rank for new business density?
- Europe & Central Asia (excluding high income) ranks 24th out of 45 groups with data for 2024.
- Is new business density rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 113.3%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (excluding high income) 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.