New business density in Europe & Central Asia
Europe & Central Asia: New business density was 4.89 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
4.89 new registrations per 1,000 people ages 15-64
Change on year
down 0.6%
Rank
15th
of 45 groups
All-time high
4.92 new registrations per 1,000 people ages 15-64
in 2023
All-time low
2.69 new registrations per 1,000 people ages 15-64
in 2009
Years of data
19
2006–2024
New business density in Europe & Central Asia, 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 stood at 4.89 new registrations per 1,000 people ages 15-64.
Compared with earlier readings it is down 0.6% on the previous year and up 34.8% over ten years.
Over the whole period, new business density in Europe & Central Asia peaked at 4.92 new registrations per 1,000 people ages 15-64 in 2023 and was at its lowest, 2.69 new registrations per 1,000 people ages 15-64, in 2009.
That places Europe & Central Asia 15th 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, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 3.33 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 3.52 new registrations per 1,000 people ages 15-64 | +5.5% |
| 2008 | 3.27 new registrations per 1,000 people ages 15-64 | -7.2% |
| 2009 | 2.69 new registrations per 1,000 people ages 15-64 | -17.7% |
| 2010 | 2.85 new registrations per 1,000 people ages 15-64 | +5.9% |
| 2011 | 2.87 new registrations per 1,000 people ages 15-64 | +0.6% |
| 2012 | 3.27 new registrations per 1,000 people ages 15-64 | +14.2% |
| 2013 | 3.45 new registrations per 1,000 people ages 15-64 | +5.5% |
| 2014 | 3.63 new registrations per 1,000 people ages 15-64 | +4.9% |
| 2015 | 3.8 new registrations per 1,000 people ages 15-64 | +4.8% |
| 2016 | 3.99 new registrations per 1,000 people ages 15-64 | +5.2% |
| 2017 | 4.04 new registrations per 1,000 people ages 15-64 | +1.1% |
| 2018 | 4.17 new registrations per 1,000 people ages 15-64 | +3.3% |
| 2019 | 4.27 new registrations per 1,000 people ages 15-64 | +2.3% |
| 2020 | 4.17 new registrations per 1,000 people ages 15-64 | -2.4% |
| 2021 | 4.64 new registrations per 1,000 people ages 15-64 | +11.4% |
| 2022 | 4.78 new registrations per 1,000 people ages 15-64 | +3.0% |
| 2023 | 4.92 new registrations per 1,000 people ages 15-64 | +2.9% |
| 2024 | 4.89 new registrations per 1,000 people ages 15-64 | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2 new registrations per 1,000 people ages 15-64 | 2.69 new registrations per 1,000 people ages 15-64 | 3.52 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 3.63 new registrations per 1,000 people ages 15-64 | 2.85 new registrations per 1,000 people ages 15-64 | 4.27 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 4.68 new registrations per 1,000 people ages 15-64 | 4.17 new registrations per 1,000 people ages 15-64 | 4.92 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Europe & Central Asia
- 12 New Zealand 16.05 new registrations per 1,000 people ages 15-64 compare
- 13 China 15.59 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
- 17 Mauritius 13.98 new registrations per 1,000 people ages 15-64 compare
- 18 Botswana 13.33 new registrations per 1,000 people ages 15-64 compare
More private sector data for Europe & Central Asia
- Merchandise trade 62.2% (2025)
- Food imports 10.3% (2024)
- Manufactures imports 68.9% (2024)
- Merchandise imports 10.09 trillion current US$ (2025)
- Food exports 10.6% (2024)
- Manufactures exports 72.8% (2024)
- Merchandise exports 9.97 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 10,690 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3089 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is new business density in Europe & Central Asia?
- New business density in Europe & Central Asia was 4.89 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?
- The highest recorded value was 4.92 new registrations per 1,000 people ages 15-64 in 2023.
- What is the lowest new business density recorded in Europe & Central Asia?
- The lowest recorded value was 2.69 new registrations per 1,000 people ages 15-64 in 2009.
- How does Europe & Central Asia rank for new business density?
- Europe & Central Asia ranks 15th out of 45 groups with data for 2024.
- Is new business density rising or falling in Europe & Central Asia?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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.