New business density in Guatemala
Guatemala: New business density was 1.02 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in Guatemala, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Guatemala recorded 1.02 new registrations per 1,000 people ages 15-64 for new business density in 2024. That is the highest value across all 19 years on record.
That represents a change of up 14.6% on the previous year and up 99.9% over ten years.
Over the whole period, new business density in Guatemala peaked at 1.02 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.4914 new registrations per 1,000 people ages 15-64, in 2012.
That places Guatemala 129th out of 177 countries 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 Guatemala, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.6611 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.6565 new registrations per 1,000 people ages 15-64 | -0.7% |
| 2008 | 0.7073 new registrations per 1,000 people ages 15-64 | +7.7% |
| 2009 | 0.6419 new registrations per 1,000 people ages 15-64 | -9.3% |
| 2010 | 0.6339 new registrations per 1,000 people ages 15-64 | -1.2% |
| 2011 | 0.5994 new registrations per 1,000 people ages 15-64 | -5.5% |
| 2012 | 0.4914 new registrations per 1,000 people ages 15-64 | -18.0% |
| 2013 | 0.5046 new registrations per 1,000 people ages 15-64 | +2.7% |
| 2014 | 0.5091 new registrations per 1,000 people ages 15-64 | +0.9% |
| 2015 | 0.52 new registrations per 1,000 people ages 15-64 | +2.1% |
| 2016 | 0.5006 new registrations per 1,000 people ages 15-64 | -3.7% |
| 2017 | 0.5677 new registrations per 1,000 people ages 15-64 | +13.4% |
| 2018 | 0.537 new registrations per 1,000 people ages 15-64 | -5.4% |
| 2019 | 0.6085 new registrations per 1,000 people ages 15-64 | +13.3% |
| 2020 | 0.5918 new registrations per 1,000 people ages 15-64 | -2.7% |
| 2021 | 0.7491 new registrations per 1,000 people ages 15-64 | +26.6% |
| 2022 | 0.7916 new registrations per 1,000 people ages 15-64 | +5.7% |
| 2023 | 0.888 new registrations per 1,000 people ages 15-64 | +12.2% |
| 2024 | 1.02 new registrations per 1,000 people ages 15-64 | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6667 new registrations per 1,000 people ages 15-64 | 0.6419 new registrations per 1,000 people ages 15-64 | 0.7073 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.5472 new registrations per 1,000 people ages 15-64 | 0.4914 new registrations per 1,000 people ages 15-64 | 0.6339 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.8076 new registrations per 1,000 people ages 15-64 | 0.5918 new registrations per 1,000 people ages 15-64 | 1.02 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Guatemala
- 126 Uganda 1.08 new registrations per 1,000 people ages 15-64 compare
- 127 Saint Lucia 1.06 new registrations per 1,000 people ages 15-64 compare
- 128 Togo 1.04 new registrations per 1,000 people ages 15-64 compare
- 130 Austria 0.9996 new registrations per 1,000 people ages 15-64 compare
- 131 Burundi 0.9798 new registrations per 1,000 people ages 15-64 compare
- 132 Mexico 0.954 new registrations per 1,000 people ages 15-64 compare
More private sector data for Guatemala
- Merchandise trade 40.7% (2025)
- Food imports 17.4% (2024)
- Manufactures imports 64.4% (2024)
- Merchandise imports 34.61 billion current US$ (2025)
- Food exports 47.5% (2024)
- Manufactures exports 45.9% (2024)
- Merchandise exports 15.56 billion current US$ (2025)
- Merchandise exports (current US$), per capita 832.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1262 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.55 % change on previous year (2025)
Frequently asked questions
- What is new business density in Guatemala?
- New business density in Guatemala was 1.02 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 Guatemala?
- The highest recorded value was 1.02 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Guatemala?
- The lowest recorded value was 0.4914 new registrations per 1,000 people ages 15-64 in 2012.
- How does Guatemala rank for new business density?
- Guatemala ranks 129th out of 177 countries with data for 2024.
- Is new business density rising or falling in Guatemala?
- Over the last ten years it is up 99.9%. The long-run trend across the full record is rising.
- Where does this Guatemala 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.