New business density in Finland
Finland: New business density was 5.97 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
5.97 new registrations per 1,000 people ages 15-64
Change on year
up 4.1%
World rank
45th
of 177 countries
All-time high
6.76 new registrations per 1,000 people ages 15-64
in 2021
All-time low
3.4 new registrations per 1,000 people ages 15-64
in 2006
Years of data
19
2006–2024
New business density in Finland, 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 Finland stood at 5.97 new registrations per 1,000 people ages 15-64.
The figure is up 4.1% on the previous year and up 61.5% over ten years.
Over the whole period, new business density in Finland peaked at 6.76 new registrations per 1,000 people ages 15-64 in 2021 and was at its lowest, 3.4 new registrations per 1,000 people ages 15-64, in 2006.
Finland ranks 45th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Finland, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 3.4 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 4.37 new registrations per 1,000 people ages 15-64 | +28.6% |
| 2008 | 4.28 new registrations per 1,000 people ages 15-64 | -2.1% |
| 2009 | 3.65 new registrations per 1,000 people ages 15-64 | -14.7% |
| 2010 | 3.77 new registrations per 1,000 people ages 15-64 | +3.3% |
| 2011 | 3.92 new registrations per 1,000 people ages 15-64 | +4.1% |
| 2012 | 3.85 new registrations per 1,000 people ages 15-64 | -1.9% |
| 2013 | 3.83 new registrations per 1,000 people ages 15-64 | -0.5% |
| 2014 | 3.7 new registrations per 1,000 people ages 15-64 | -3.4% |
| 2015 | 3.88 new registrations per 1,000 people ages 15-64 | +5.0% |
| 2016 | 4.26 new registrations per 1,000 people ages 15-64 | +9.6% |
| 2017 | 4.36 new registrations per 1,000 people ages 15-64 | +2.4% |
| 2018 | 4.61 new registrations per 1,000 people ages 15-64 | +5.7% |
| 2019 | 5.72 new registrations per 1,000 people ages 15-64 | +24.1% |
| 2020 | 6.24 new registrations per 1,000 people ages 15-64 | +9.1% |
| 2021 | 6.76 new registrations per 1,000 people ages 15-64 | +8.4% |
| 2022 | 6.11 new registrations per 1,000 people ages 15-64 | -9.6% |
| 2023 | 5.74 new registrations per 1,000 people ages 15-64 | -6.1% |
| 2024 | 5.97 new registrations per 1,000 people ages 15-64 | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.92 new registrations per 1,000 people ages 15-64 | 3.4 new registrations per 1,000 people ages 15-64 | 4.37 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 4.19 new registrations per 1,000 people ages 15-64 | 3.7 new registrations per 1,000 people ages 15-64 | 5.72 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 6.16 new registrations per 1,000 people ages 15-64 | 5.74 new registrations per 1,000 people ages 15-64 | 6.76 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Finland
- 42 Ireland 6.65 new registrations per 1,000 people ages 15-64 compare
- 43 Costa Rica 6.31 new registrations per 1,000 people ages 15-64 compare
- 44 Bahrain 6.16 new registrations per 1,000 people ages 15-64 compare
- 46 Slovakia 5.68 new registrations per 1,000 people ages 15-64 compare
- 47 Saudi Arabia 5.46 new registrations per 1,000 people ages 15-64 compare
- 48 Puerto Rico 5.33 new registrations per 1,000 people ages 15-64 compare
More private sector data for Finland
- Merchandise trade 53.3% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 63.5% (2024)
- Merchandise imports 84.86 billion current US$ (2025)
- Food exports 3.1% (2024)
- Manufactures exports 66.7% (2024)
- Merchandise exports 84.05 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,885 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2651 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.7 % change on previous year (2025)
Frequently asked questions
- What is new business density in Finland?
- New business density in Finland was 5.97 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 Finland?
- The highest recorded value was 6.76 new registrations per 1,000 people ages 15-64 in 2021.
- What is the lowest new business density recorded in Finland?
- The lowest recorded value was 3.4 new registrations per 1,000 people ages 15-64 in 2006.
- How does Finland rank for new business density?
- Finland ranks 45th out of 177 countries with data for 2024.
- Is new business density rising or falling in Finland?
- Over the last ten years it is up 61.5%. The long-run trend across the full record is rising.
- Where does this Finland 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.