New business density in Indonesia
Indonesia: New business density was 0.9436 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
Latest (2024)
0.9436 new registrations per 1,000 people ages 15-64
Change on year
down 2.9%
World rank
133rd
of 177 countries
All-time high
0.9713 new registrations per 1,000 people ages 15-64
in 2023
All-time low
0.1534 new registrations per 1,000 people ages 15-64
in 2006
Years of data
19
2006–2024
New business density in Indonesia, 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 Indonesia stood at 0.9436 new registrations per 1,000 people ages 15-64.
The figure is down 2.9% on the previous year and up 181.6% over ten years.
Over the whole period, new business density in Indonesia peaked at 0.9713 new registrations per 1,000 people ages 15-64 in 2023 and was at its lowest, 0.1534 new registrations per 1,000 people ages 15-64, in 2006.
That places Indonesia 133rd out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New business density in Indonesia, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.1534 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.1602 new registrations per 1,000 people ages 15-64 | +4.4% |
| 2008 | 0.2484 new registrations per 1,000 people ages 15-64 | +55.1% |
| 2009 | 0.1843 new registrations per 1,000 people ages 15-64 | -25.8% |
| 2010 | 0.2337 new registrations per 1,000 people ages 15-64 | +26.8% |
| 2011 | 0.2653 new registrations per 1,000 people ages 15-64 | +13.5% |
| 2012 | 0.284 new registrations per 1,000 people ages 15-64 | +7.1% |
| 2013 | 0.3 new registrations per 1,000 people ages 15-64 | +5.6% |
| 2014 | 0.3351 new registrations per 1,000 people ages 15-64 | +11.7% |
| 2015 | 0.3263 new registrations per 1,000 people ages 15-64 | -2.6% |
| 2016 | 0.3293 new registrations per 1,000 people ages 15-64 | +0.9% |
| 2017 | 0.3247 new registrations per 1,000 people ages 15-64 | -1.4% |
| 2018 | 0.3393 new registrations per 1,000 people ages 15-64 | +4.5% |
| 2019 | 0.3789 new registrations per 1,000 people ages 15-64 | +11.7% |
| 2020 | 0.38 new registrations per 1,000 people ages 15-64 | +0.3% |
| 2021 | 0.4984 new registrations per 1,000 people ages 15-64 | +31.1% |
| 2022 | 0.8045 new registrations per 1,000 people ages 15-64 | +61.4% |
| 2023 | 0.9713 new registrations per 1,000 people ages 15-64 | +20.7% |
| 2024 | 0.9436 new registrations per 1,000 people ages 15-64 | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1866 new registrations per 1,000 people ages 15-64 | 0.1534 new registrations per 1,000 people ages 15-64 | 0.2484 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.3117 new registrations per 1,000 people ages 15-64 | 0.2337 new registrations per 1,000 people ages 15-64 | 0.3789 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.7196 new registrations per 1,000 people ages 15-64 | 0.38 new registrations per 1,000 people ages 15-64 | 0.9713 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Indonesia
- 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
- 134 Mauritania 0.8334 new registrations per 1,000 people ages 15-64 compare
- 135 Algeria 0.8289 new registrations per 1,000 people ages 15-64 compare
- 136 Burkina Faso 0.768 new registrations per 1,000 people ages 15-64 compare
More private sector data for Indonesia
- Merchandise trade 36.3% (2025)
- Food imports 10.2% (2025)
- Manufactures imports 65.4% (2025)
- Merchandise imports 241.86 billion current US$ (2025)
- Food exports 22.9% (2025)
- Manufactures exports 47.4% (2025)
- Merchandise exports 282.91 billion current US$ (2025)
- Merchandise exports (current US$), per capita 990.16 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1957 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.88 % change on previous year (2025)
Frequently asked questions
- What is new business density in Indonesia?
- New business density in Indonesia was 0.9436 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 Indonesia?
- The highest recorded value was 0.9713 new registrations per 1,000 people ages 15-64 in 2023.
- What is the lowest new business density recorded in Indonesia?
- The lowest recorded value was 0.1534 new registrations per 1,000 people ages 15-64 in 2006.
- How does Indonesia rank for new business density?
- Indonesia ranks 133rd out of 177 countries with data for 2024.
- Is new business density rising or falling in Indonesia?
- Over the last ten years it is up 181.6%. The long-run trend across the full record is volatile.
- Where does this Indonesia 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.