New business density in Mexico
Mexico: New business density was 0.954 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
0.954 new registrations per 1,000 people ages 15-64
Change on year
down 2.8%
World rank
131st
of 176 countries
All-time high
1.02 new registrations per 1,000 people ages 15-64
in 2018
All-time low
0.5459 new registrations per 1,000 people ages 15-64
in 2006
Years of data
19
2006–2024
New business density in Mexico, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Mexico recorded 0.954 new registrations per 1,000 people ages 15-64 for new business density in 2024.
The figure is down 2.8% on the previous year and up 58.0% over ten years.
Over the whole period, new business density in Mexico peaked at 1.02 new registrations per 1,000 people ages 15-64 in 2018 and was at its lowest, 0.5459 new registrations per 1,000 people ages 15-64, in 2006.
Mexico ranks 131st of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Mexico, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.5459 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.616 new registrations per 1,000 people ages 15-64 | +12.8% |
| 2008 | 0.6113 new registrations per 1,000 people ages 15-64 | -0.8% |
| 2009 | 0.5585 new registrations per 1,000 people ages 15-64 | -8.6% |
| 2010 | 0.5734 new registrations per 1,000 people ages 15-64 | +2.7% |
| 2011 | 0.5538 new registrations per 1,000 people ages 15-64 | -3.4% |
| 2012 | 0.5525 new registrations per 1,000 people ages 15-64 | -0.2% |
| 2013 | 0.6154 new registrations per 1,000 people ages 15-64 | +11.4% |
| 2014 | 0.6039 new registrations per 1,000 people ages 15-64 | -1.9% |
| 2015 | 0.6311 new registrations per 1,000 people ages 15-64 | +4.5% |
| 2016 | 0.7182 new registrations per 1,000 people ages 15-64 | +13.8% |
| 2017 | 1.02 new registrations per 1,000 people ages 15-64 | +41.6% |
| 2018 | 1.02 new registrations per 1,000 people ages 15-64 | +0.3% |
| 2019 | 0.962 new registrations per 1,000 people ages 15-64 | -5.6% |
| 2020 | 0.7612 new registrations per 1,000 people ages 15-64 | -20.9% |
| 2021 | 0.8984 new registrations per 1,000 people ages 15-64 | +18.0% |
| 2022 | 0.8223 new registrations per 1,000 people ages 15-64 | -8.5% |
| 2023 | 0.9817 new registrations per 1,000 people ages 15-64 | +19.4% |
| 2024 | 0.954 new registrations per 1,000 people ages 15-64 | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5829 new registrations per 1,000 people ages 15-64 | 0.5459 new registrations per 1,000 people ages 15-64 | 0.616 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.7247 new registrations per 1,000 people ages 15-64 | 0.5525 new registrations per 1,000 people ages 15-64 | 1.02 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.8835 new registrations per 1,000 people ages 15-64 | 0.7612 new registrations per 1,000 people ages 15-64 | 0.9817 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Mexico
- 128 Guatemala 1.02 new registrations per 1,000 people ages 15-64 compare
- 129 Austria 0.9996 new registrations per 1,000 people ages 15-64 compare
- 130 Burundi 0.9798 new registrations per 1,000 people ages 15-64 compare
- 132 Indonesia 0.9436 new registrations per 1,000 people ages 15-64 compare
- 133 Mauritania 0.8334 new registrations per 1,000 people ages 15-64 compare
- 134 Algeria 0.8289 new registrations per 1,000 people ages 15-64 compare
More private sector data for Mexico
- Merchandise trade 73.5% (2025)
- Food imports 6.3% (2025)
- Manufactures imports 78.0% (2025)
- Merchandise imports 683.02 billion current US$ (2025)
- Food exports 7.5% (2025)
- Manufactures exports 81.2% (2025)
- Merchandise exports 664.84 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,039 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3628 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.64 % change on previous year (2025)
Frequently asked questions
- What is new business density in Mexico?
- New business density in Mexico was 0.954 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 Mexico?
- The highest recorded value was 1.02 new registrations per 1,000 people ages 15-64 in 2018.
- What is the lowest new business density recorded in Mexico?
- The lowest recorded value was 0.5459 new registrations per 1,000 people ages 15-64 in 2006.
- How does Mexico rank for new business density?
- Mexico ranks 131st out of 176 countries with data for 2024.
- Is new business density rising or falling in Mexico?
- Over the last ten years it is up 58.0%. The long-run trend across the full record is rising.
- Where does this Mexico 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.