New business density in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): New business density was 2.94 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in Europe & Central Asia (IDA & IBRD countries), 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 Europe & Central Asia (IDA & IBRD countries) stood at 2.94 new registrations per 1,000 people ages 15-64.
Compared with earlier readings it is down 7.0% on the previous year and up 14.5% over ten years.
Over the whole period, new business density in Europe & Central Asia (IDA & IBRD countries) peaked at 3.22 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 1.58 new registrations per 1,000 people ages 15-64, in 2011.
That places Europe & Central Asia (IDA & IBRD countries) 23rd out of 45 groups with data for 2024, putting it 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 (IDA & IBRD countries), year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 2.5 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 2.59 new registrations per 1,000 people ages 15-64 | +3.4% |
| 2008 | 2.58 new registrations per 1,000 people ages 15-64 | -0.2% |
| 2009 | 1.74 new registrations per 1,000 people ages 15-64 | -32.7% |
| 2010 | 1.77 new registrations per 1,000 people ages 15-64 | +1.9% |
| 2011 | 1.58 new registrations per 1,000 people ages 15-64 | -11.0% |
| 2012 | 2.32 new registrations per 1,000 people ages 15-64 | +47.4% |
| 2013 | 2.51 new registrations per 1,000 people ages 15-64 | +8.0% |
| 2014 | 2.57 new registrations per 1,000 people ages 15-64 | +2.4% |
| 2015 | 2.75 new registrations per 1,000 people ages 15-64 | +7.2% |
| 2016 | 2.84 new registrations per 1,000 people ages 15-64 | +3.2% |
| 2017 | 2.93 new registrations per 1,000 people ages 15-64 | +3.2% |
| 2018 | 2.89 new registrations per 1,000 people ages 15-64 | -1.4% |
| 2019 | 2.9 new registrations per 1,000 people ages 15-64 | +0.3% |
| 2020 | 2.53 new registrations per 1,000 people ages 15-64 | -12.7% |
| 2021 | 2.9 new registrations per 1,000 people ages 15-64 | +14.4% |
| 2022 | 3.22 new registrations per 1,000 people ages 15-64 | +11.3% |
| 2023 | 3.16 new registrations per 1,000 people ages 15-64 | -1.9% |
| 2024 | 2.94 new registrations per 1,000 people ages 15-64 | -7.0% |
Biggest year-on-year movements
Years where New business density in Europe & Central Asia (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +47.4% | 1.58 new registrations per 1,000 people ages 15-64 | 2.32 new registrations per 1,000 people ages 15-64 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.35 new registrations per 1,000 people ages 15-64 | 1.74 new registrations per 1,000 people ages 15-64 | 2.59 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 2.51 new registrations per 1,000 people ages 15-64 | 1.58 new registrations per 1,000 people ages 15-64 | 2.93 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.95 new registrations per 1,000 people ages 15-64 | 2.53 new registrations per 1,000 people ages 15-64 | 3.22 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 20 Singapore 11.59 new registrations per 1,000 people ages 15-64 compare
- 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
More private sector data for Europe & Central Asia (IDA & IBRD countries)
- Merchandise trade 47.8% (2025)
- Food imports 9.5% (2024)
- Manufactures imports 69.1% (2024)
- Merchandise imports 1.78 trillion current US$ (2025)
- Food exports 11.3% (2021)
- Manufactures exports 49.6% (2021)
- Merchandise exports 1.60 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,468 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2266 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.64 % change on previous year (2025)
Frequently asked questions
- What is new business density in Europe & Central Asia (IDA & IBRD countries)?
- New business density in Europe & Central Asia (IDA & IBRD countries) was 2.94 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 (IDA & IBRD countries)?
- The highest recorded value was 3.22 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 1.58 new registrations per 1,000 people ages 15-64 in 2011.
- How does Europe & Central Asia (IDA & IBRD countries) rank for new business density?
- Europe & Central Asia (IDA & IBRD countries) ranks 23rd out of 45 groups with data for 2024.
- Is new business density rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.