New business density in Paraguay
Paraguay: New business density was 1.76 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
New business density in Paraguay, 2013–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2024, new business density in Paraguay stood at 1.76 new registrations per 1,000 people ages 15-64. That is the highest value across all 12 years on record.
That represents a change of up 10.3% on the previous year and up 1,308.4% over ten years.
Over the whole period, new business density in Paraguay peaked at 1.76 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.0562 new registrations per 1,000 people ages 15-64, in 2020.
That places Paraguay 102nd out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
New business density in Paraguay, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2013 | 0.0931 new registrations per 1,000 people ages 15-64 | — |
| 2014 | 0.125 new registrations per 1,000 people ages 15-64 | +34.3% |
| 2015 | 0.1649 new registrations per 1,000 people ages 15-64 | +31.9% |
| 2016 | 0.0601 new registrations per 1,000 people ages 15-64 | -63.6% |
| 2017 | 0.1007 new registrations per 1,000 people ages 15-64 | +67.6% |
| 2018 | 0.1367 new registrations per 1,000 people ages 15-64 | +35.8% |
| 2019 | 0.1123 new registrations per 1,000 people ages 15-64 | -17.9% |
| 2020 | 0.0562 new registrations per 1,000 people ages 15-64 | -50.0% |
| 2021 | 0.6779 new registrations per 1,000 people ages 15-64 | +1107.2% |
| 2022 | 1.23 new registrations per 1,000 people ages 15-64 | +82.1% |
| 2023 | 1.6 new registrations per 1,000 people ages 15-64 | +29.3% |
| 2024 | 1.76 new registrations per 1,000 people ages 15-64 | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1133 new registrations per 1,000 people ages 15-64 | 0.0601 new registrations per 1,000 people ages 15-64 | 0.1649 new registrations per 1,000 people ages 15-64 | 7 |
| 2020s | 1.07 new registrations per 1,000 people ages 15-64 | 0.0562 new registrations per 1,000 people ages 15-64 | 1.76 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Paraguay
- 99 Türkiye 1.98 new registrations per 1,000 people ages 15-64 compare
- 100 Tunisia 1.82 new registrations per 1,000 people ages 15-64 compare
- 101 Oman 1.79 new registrations per 1,000 people ages 15-64 compare
- 103 Thailand 1.75 new registrations per 1,000 people ages 15-64 compare
- 104 Kenya 1.73 new registrations per 1,000 people ages 15-64 compare
- 105 Ukraine 1.65 new registrations per 1,000 people ages 15-64 compare
More private sector data for Paraguay
- Merchandise trade 61.3% (2025)
- Food imports 7.8% (2025)
- Manufactures imports 79.2% (2025)
- Merchandise imports 19.13 billion current US$ (2025)
- Food exports 69.1% (2025)
- Manufactures exports 16.3% (2025)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,580 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2249 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.86 % change on previous year (2025)
Frequently asked questions
- What is new business density in Paraguay?
- New business density in Paraguay was 1.76 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 Paraguay?
- The highest recorded value was 1.76 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Paraguay?
- The lowest recorded value was 0.0562 new registrations per 1,000 people ages 15-64 in 2020.
- How does Paraguay rank for new business density?
- Paraguay ranks 102nd out of 177 countries with data for 2024.
- Is new business density rising or falling in Paraguay?
- Over the last ten years it is up 1,308.4%. The long-run trend across the full record is volatile.
- Where does this Paraguay 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.