New business density in IDA blend
IDA blend: New business density was 1.31 new registrations per 1,000 people ages 15-64 in 2022. ▲ Rising
New business density in IDA blend, 2006–2022
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2022, new business density in IDA blend stood at 1.31 new registrations per 1,000 people ages 15-64. That is the highest value across all 17 years on record.
That represents a change of up 15.4% on the previous year and up 178.0% over ten years.
Over the whole period, new business density in IDA blend peaked at 1.31 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 0.3107 new registrations per 1,000 people ages 15-64, in 2006.
IDA blend ranks 31st of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
New business density in IDA blend, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.3107 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.4578 new registrations per 1,000 people ages 15-64 | +47.3% |
| 2008 | 0.5522 new registrations per 1,000 people ages 15-64 | +20.6% |
| 2009 | 0.3997 new registrations per 1,000 people ages 15-64 | -27.6% |
| 2010 | 0.4171 new registrations per 1,000 people ages 15-64 | +4.4% |
| 2011 | 0.4536 new registrations per 1,000 people ages 15-64 | +8.8% |
| 2012 | 0.47 new registrations per 1,000 people ages 15-64 | +3.6% |
| 2013 | 0.4581 new registrations per 1,000 people ages 15-64 | -2.5% |
| 2014 | 0.4903 new registrations per 1,000 people ages 15-64 | +7.0% |
| 2015 | 0.5215 new registrations per 1,000 people ages 15-64 | +6.4% |
| 2016 | 0.5994 new registrations per 1,000 people ages 15-64 | +14.9% |
| 2017 | 0.7072 new registrations per 1,000 people ages 15-64 | +18.0% |
| 2018 | 0.8496 new registrations per 1,000 people ages 15-64 | +20.1% |
| 2019 | 0.9739 new registrations per 1,000 people ages 15-64 | +14.6% |
| 2020 | 0.9889 new registrations per 1,000 people ages 15-64 | +1.5% |
| 2021 | 1.13 new registrations per 1,000 people ages 15-64 | +14.5% |
| 2022 | 1.31 new registrations per 1,000 people ages 15-64 | +15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4301 new registrations per 1,000 people ages 15-64 | 0.3107 new registrations per 1,000 people ages 15-64 | 0.5522 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.5941 new registrations per 1,000 people ages 15-64 | 0.4171 new registrations per 1,000 people ages 15-64 | 0.9739 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 1.14 new registrations per 1,000 people ages 15-64 | 0.9889 new registrations per 1,000 people ages 15-64 | 1.31 new registrations per 1,000 people ages 15-64 | 3 |
Countries ranked near IDA blend
- 29 Norway 8.32 new registrations per 1,000 people ages 15-64 compare
- 30 Côte d'Ivoire 8.28 new registrations per 1,000 people ages 15-64 compare
- 31 Mongolia 8.26 new registrations per 1,000 people ages 15-64 compare
- 32 Barbados 8.11 new registrations per 1,000 people ages 15-64 compare
- 33 Georgia 7.62 new registrations per 1,000 people ages 15-64 compare
- 34 Romania 7.47 new registrations per 1,000 people ages 15-64 compare
More private sector data for IDA blend
- Merchandise trade 33.7% (2025)
- Food imports 14.1% (2024)
- Manufactures imports 51.0% (2024)
- Merchandise imports 236.39 billion current US$ (2025)
- Food exports 18.8% (2024)
- Manufactures exports 21.6% (2024)
- Merchandise exports 191.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 277.76 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1509 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.76 % change on previous year (2025)
Frequently asked questions
- What is new business density in IDA blend?
- New business density in IDA blend was 1.31 new registrations per 1,000 people ages 15-64 in 2022, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in IDA blend?
- The highest recorded value was 1.31 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in IDA blend?
- The lowest recorded value was 0.3107 new registrations per 1,000 people ages 15-64 in 2006.
- How does IDA blend rank for new business density?
- IDA blend ranks 31st out of 45 groups with data for 2022.
- Is new business density rising or falling in IDA blend?
- Over the last ten years it is up 178.0%. The long-run trend across the full record is rising.
- Where does this IDA blend 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.