New business density in Honduras
Honduras: New business density was 0.3737 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
0.3737 new registrations per 1,000 people ages 15-64
Change on year
up 3.7%
World rank
155th
of 177 countries
All-time high
0.5222 new registrations per 1,000 people ages 15-64
in 2021
All-time low
0.2866 new registrations per 1,000 people ages 15-64
in 2007
Years of data
19
2006–2024
New business density in Honduras, 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 Honduras stood at 0.3737 new registrations per 1,000 people ages 15-64.
The figure is up 3.7% on the previous year and up 6.8% over ten years.
Over the whole period, new business density in Honduras peaked at 0.5222 new registrations per 1,000 people ages 15-64 in 2021 and was at its lowest, 0.2866 new registrations per 1,000 people ages 15-64, in 2007.
That places Honduras 155th out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Honduras, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.2938 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.2866 new registrations per 1,000 people ages 15-64 | -2.5% |
| 2008 | 0.2902 new registrations per 1,000 people ages 15-64 | +1.3% |
| 2009 | 0.3913 new registrations per 1,000 people ages 15-64 | +34.8% |
| 2010 | 0.4119 new registrations per 1,000 people ages 15-64 | +5.3% |
| 2011 | 0.3871 new registrations per 1,000 people ages 15-64 | -6.0% |
| 2012 | 0.2966 new registrations per 1,000 people ages 15-64 | -23.4% |
| 2013 | 0.3004 new registrations per 1,000 people ages 15-64 | +1.3% |
| 2014 | 0.35 new registrations per 1,000 people ages 15-64 | +16.5% |
| 2015 | 0.435 new registrations per 1,000 people ages 15-64 | +24.3% |
| 2016 | 0.4152 new registrations per 1,000 people ages 15-64 | -4.6% |
| 2017 | 0.404 new registrations per 1,000 people ages 15-64 | -2.7% |
| 2018 | 0.3767 new registrations per 1,000 people ages 15-64 | -6.7% |
| 2019 | 0.4989 new registrations per 1,000 people ages 15-64 | +32.4% |
| 2020 | 0.4365 new registrations per 1,000 people ages 15-64 | -12.5% |
| 2021 | 0.5222 new registrations per 1,000 people ages 15-64 | +19.6% |
| 2022 | 0.4874 new registrations per 1,000 people ages 15-64 | -6.7% |
| 2023 | 0.3605 new registrations per 1,000 people ages 15-64 | -26.0% |
| 2024 | 0.3737 new registrations per 1,000 people ages 15-64 | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3155 new registrations per 1,000 people ages 15-64 | 0.2866 new registrations per 1,000 people ages 15-64 | 0.3913 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.3876 new registrations per 1,000 people ages 15-64 | 0.2966 new registrations per 1,000 people ages 15-64 | 0.4989 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.436 new registrations per 1,000 people ages 15-64 | 0.3605 new registrations per 1,000 people ages 15-64 | 0.5222 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Honduras
- 152 Cambodia 0.4548 new registrations per 1,000 people ages 15-64 compare
- 153 Congo 0.4011 new registrations per 1,000 people ages 15-64 compare
- 154 Myanmar 0.3939 new registrations per 1,000 people ages 15-64 compare
- 156 South Sudan 0.3033 new registrations per 1,000 people ages 15-64 compare
- 157 Egypt 0.2648 new registrations per 1,000 people ages 15-64 compare
- 158 Mali 0.2515 new registrations per 1,000 people ages 15-64 compare
More private sector data for Honduras
- Merchandise trade 77.4% (2025)
- Food imports 19.5% (2024)
- Manufactures imports 61.5% (2024)
- Merchandise imports 18.64 billion current US$ (2025)
- Food exports 53.5% (2024)
- Manufactures exports 39.1% (2024)
- Merchandise exports 12.00 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,091 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3031 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.31 % change on previous year (2025)
Frequently asked questions
- What is new business density in Honduras?
- New business density in Honduras was 0.3737 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 Honduras?
- The highest recorded value was 0.5222 new registrations per 1,000 people ages 15-64 in 2021.
- What is the lowest new business density recorded in Honduras?
- The lowest recorded value was 0.2866 new registrations per 1,000 people ages 15-64 in 2007.
- How does Honduras rank for new business density?
- Honduras ranks 155th out of 177 countries with data for 2024.
- Is new business density rising or falling in Honduras?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is rising.
- Where does this Honduras 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.