New business density in Norway
Norway: New business density was 8.32 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
8.32 new registrations per 1,000 people ages 15-64
Change on year
down 4.8%
World rank
29th
of 177 countries
All-time high
11.35 new registrations per 1,000 people ages 15-64
in 2006
All-time low
4.01 new registrations per 1,000 people ages 15-64
in 2009
Years of data
19
2006–2024
New business density in Norway, 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 Norway is 8.32 new registrations per 1,000 people ages 15-64, measured in 2024.
That represents a change of down 4.8% on the previous year and up 8.7% over ten years.
Over the whole period, new business density in Norway peaked at 11.35 new registrations per 1,000 people ages 15-64 in 2006 and was at its lowest, 4.01 new registrations per 1,000 people ages 15-64, in 2009.
Norway ranks 29th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Norway, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 11.35 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 6.55 new registrations per 1,000 people ages 15-64 | -42.3% |
| 2008 | 5.5 new registrations per 1,000 people ages 15-64 | -16.0% |
| 2009 | 4.01 new registrations per 1,000 people ages 15-64 | -27.0% |
| 2010 | 4.31 new registrations per 1,000 people ages 15-64 | +7.4% |
| 2011 | 4.96 new registrations per 1,000 people ages 15-64 | +15.1% |
| 2012 | 7.73 new registrations per 1,000 people ages 15-64 | +55.8% |
| 2013 | 7.85 new registrations per 1,000 people ages 15-64 | +1.6% |
| 2014 | 7.65 new registrations per 1,000 people ages 15-64 | -2.5% |
| 2015 | 7.83 new registrations per 1,000 people ages 15-64 | +2.3% |
| 2016 | 8.13 new registrations per 1,000 people ages 15-64 | +3.8% |
| 2017 | 8.66 new registrations per 1,000 people ages 15-64 | +6.5% |
| 2018 | 8.64 new registrations per 1,000 people ages 15-64 | -0.2% |
| 2019 | 8.68 new registrations per 1,000 people ages 15-64 | +0.5% |
| 2020 | 9.47 new registrations per 1,000 people ages 15-64 | +9.0% |
| 2021 | 10.64 new registrations per 1,000 people ages 15-64 | +12.4% |
| 2022 | 9.16 new registrations per 1,000 people ages 15-64 | -13.9% |
| 2023 | 8.74 new registrations per 1,000 people ages 15-64 | -4.6% |
| 2024 | 8.32 new registrations per 1,000 people ages 15-64 | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.85 new registrations per 1,000 people ages 15-64 | 4.01 new registrations per 1,000 people ages 15-64 | 11.35 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 7.44 new registrations per 1,000 people ages 15-64 | 4.31 new registrations per 1,000 people ages 15-64 | 8.68 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 9.27 new registrations per 1,000 people ages 15-64 | 8.32 new registrations per 1,000 people ages 15-64 | 10.64 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Norway
- 26 Malta 8.47 new registrations per 1,000 people ages 15-64 compare
- 27 Kosovo 8.35 new registrations per 1,000 people ages 15-64 compare
- 27 Kosovo (UNSCR 1244) 8.35 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
More private sector data for Norway
- Merchandise trade 52.4% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 73.4% (2025)
- Merchandise imports 107.32 billion current US$ (2025)
- Food exports 10.8% (2025)
- Manufactures exports 17.3% (2025)
- Merchandise exports 170.57 billion current US$ (2025)
- Merchandise exports (current US$), per capita 30,399 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3214 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.54 % change on previous year (2025)
Frequently asked questions
- What is new business density in Norway?
- New business density in Norway was 8.32 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 Norway?
- The highest recorded value was 11.35 new registrations per 1,000 people ages 15-64 in 2006.
- What is the lowest new business density recorded in Norway?
- The lowest recorded value was 4.01 new registrations per 1,000 people ages 15-64 in 2009.
- How does Norway rank for new business density?
- Norway ranks 29th out of 177 countries with data for 2024.
- Is new business density rising or falling in Norway?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is rising.
- Where does this Norway 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.
Download this data
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.