New business density in India
India: New business density was 0.1755 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
0.1755 new registrations per 1,000 people ages 15-64
Change on year
up 4.0%
World rank
161st
of 176 countries
All-time high
0.1791 new registrations per 1,000 people ages 15-64
in 2022
All-time low
0.0682 new registrations per 1,000 people ages 15-64
in 2006
Years of data
19
2006–2024
New business density in India, 2006–2024
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 India is 0.1755 new registrations per 1,000 people ages 15-64, measured in 2024.
The figure is up 4.0% on the previous year and up 115.2% over ten years.
Over the whole period, new business density in India peaked at 0.1791 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 0.0682 new registrations per 1,000 people ages 15-64, in 2006.
India ranks 161st of 176 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in India, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.0682 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.0845 new registrations per 1,000 people ages 15-64 | +23.9% |
| 2008 | 0.0925 new registrations per 1,000 people ages 15-64 | +9.5% |
| 2009 | 0.0784 new registrations per 1,000 people ages 15-64 | -15.3% |
| 2010 | 0.1094 new registrations per 1,000 people ages 15-64 | +39.6% |
| 2011 | 0.1205 new registrations per 1,000 people ages 15-64 | +10.2% |
| 2012 | 0.125 new registrations per 1,000 people ages 15-64 | +3.8% |
| 2013 | 0.1092 new registrations per 1,000 people ages 15-64 | -12.6% |
| 2014 | 0.0816 new registrations per 1,000 people ages 15-64 | -25.3% |
| 2015 | 0.0924 new registrations per 1,000 people ages 15-64 | +13.3% |
| 2016 | 0.1057 new registrations per 1,000 people ages 15-64 | +14.4% |
| 2017 | 0.1192 new registrations per 1,000 people ages 15-64 | +12.8% |
| 2018 | 0.1286 new registrations per 1,000 people ages 15-64 | +7.9% |
| 2019 | 0.1383 new registrations per 1,000 people ages 15-64 | +7.5% |
| 2020 | 0.1506 new registrations per 1,000 people ages 15-64 | +8.9% |
| 2021 | 0.1755 new registrations per 1,000 people ages 15-64 | +16.5% |
| 2022 | 0.1791 new registrations per 1,000 people ages 15-64 | +2.1% |
| 2023 | 0.1688 new registrations per 1,000 people ages 15-64 | -5.7% |
| 2024 | 0.1755 new registrations per 1,000 people ages 15-64 | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0809 new registrations per 1,000 people ages 15-64 | 0.0682 new registrations per 1,000 people ages 15-64 | 0.0925 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.113 new registrations per 1,000 people ages 15-64 | 0.0816 new registrations per 1,000 people ages 15-64 | 0.1383 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.1699 new registrations per 1,000 people ages 15-64 | 0.1506 new registrations per 1,000 people ages 15-64 | 0.1791 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near India
- 158 Mozambique 0.2452 new registrations per 1,000 people ages 15-64 compare
- 159 Afghanistan 0.2208 new registrations per 1,000 people ages 15-64 compare
- 160 Pakistan 0.2023 new registrations per 1,000 people ages 15-64 compare
- 162 Tanzania, United Republic of 0.1725 new registrations per 1,000 people ages 15-64 compare
- 163 Palestine, State of 0.1708 new registrations per 1,000 people ages 15-64 compare
- 164 Tajikistan 0.1472 new registrations per 1,000 people ages 15-64 compare
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Food exports 11.1% (2024)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1126 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.5401 % change on previous year (2025)
Frequently asked questions
- What is new business density in India?
- New business density in India was 0.1755 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 India?
- The highest recorded value was 0.1791 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in India?
- The lowest recorded value was 0.0682 new registrations per 1,000 people ages 15-64 in 2006.
- How does India rank for new business density?
- India ranks 161st out of 176 countries with data for 2024.
- Is new business density rising or falling in India?
- Over the last ten years it is up 115.2%. The long-run trend across the full record is rising.
- Where does this India 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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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.