New business density in IDA total
IDA total: New business density was 0.854 new registrations per 1,000 people ages 15-64 in 2022. ▲ Rising
New business density in IDA total, 2009–2022
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
The most recent figure for new business density in IDA total is 0.854 new registrations per 1,000 people ages 15-64, measured in 2022. That is the highest value across all 14 years on record.
The figure is up 12.1% on the previous year and up 131.9% over ten years.
Over the whole period, new business density in IDA total peaked at 0.854 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 0.3195 new registrations per 1,000 people ages 15-64, in 2009.
IDA total ranks 35th of 45 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
New business density in IDA total, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2009 | 0.3195 new registrations per 1,000 people ages 15-64 | — |
| 2010 | 0.3417 new registrations per 1,000 people ages 15-64 | +6.9% |
| 2011 | 0.3685 new registrations per 1,000 people ages 15-64 | +7.8% |
| 2012 | 0.3682 new registrations per 1,000 people ages 15-64 | -0.1% |
| 2013 | 0.3708 new registrations per 1,000 people ages 15-64 | +0.7% |
| 2014 | 0.3716 new registrations per 1,000 people ages 15-64 | +0.2% |
| 2015 | 0.3845 new registrations per 1,000 people ages 15-64 | +3.5% |
| 2016 | 0.4279 new registrations per 1,000 people ages 15-64 | +11.3% |
| 2017 | 0.4861 new registrations per 1,000 people ages 15-64 | +13.6% |
| 2018 | 0.5661 new registrations per 1,000 people ages 15-64 | +16.5% |
| 2019 | 0.6652 new registrations per 1,000 people ages 15-64 | +17.5% |
| 2020 | 0.675 new registrations per 1,000 people ages 15-64 | +1.5% |
| 2021 | 0.7616 new registrations per 1,000 people ages 15-64 | +12.8% |
| 2022 | 0.854 new registrations per 1,000 people ages 15-64 | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3195 new registrations per 1,000 people ages 15-64 | 0.3195 new registrations per 1,000 people ages 15-64 | 0.3195 new registrations per 1,000 people ages 15-64 | 1 |
| 2010s | 0.435 new registrations per 1,000 people ages 15-64 | 0.3417 new registrations per 1,000 people ages 15-64 | 0.6652 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.7635 new registrations per 1,000 people ages 15-64 | 0.675 new registrations per 1,000 people ages 15-64 | 0.854 new registrations per 1,000 people ages 15-64 | 3 |
Countries ranked near IDA total
- 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
- 35 Sweden 7.08 new registrations per 1,000 people ages 15-64 compare
- 36 Latvia 7.02 new registrations per 1,000 people ages 15-64 compare
- 37 Denmark 6.85 new registrations per 1,000 people ages 15-64 compare
- 38 France 6.82 new registrations per 1,000 people ages 15-64 compare
More private sector data for IDA total
- Merchandise trade 40.1% (2025)
- Food imports 14.7% (2023)
- Manufactures imports 56.9% (2023)
- Merchandise imports 720.00 billion current US$ (2025)
- Food exports 20.4% (2023)
- Manufactures exports 25.7% (2023)
- Merchandise exports 565.68 billion current US$ (2025)
- Merchandise exports (current US$), per capita 284.71 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1771 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 13.38 % change on previous year (2025)
Frequently asked questions
- What is new business density in IDA total?
- New business density in IDA total was 0.854 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 total?
- The highest recorded value was 0.854 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in IDA total?
- The lowest recorded value was 0.3195 new registrations per 1,000 people ages 15-64 in 2009.
- How does IDA total rank for new business density?
- IDA total ranks 35th out of 45 groups with data for 2022.
- Is new business density rising or falling in IDA total?
- Over the last ten years it is up 131.9%. The long-run trend across the full record is rising.
- Where does this IDA total 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.