New business density in Russian Federation
Russian Federation: New business density was 2.28 new registrations per 1,000 people ages 15-64 in 2024. ▼ Falling
Latest (2024)
2.28 new registrations per 1,000 people ages 15-64
Change on year
down 10.3%
World rank
89th
of 177 countries
All-time high
4.53 new registrations per 1,000 people ages 15-64
in 2015
All-time low
1.53 new registrations per 1,000 people ages 15-64
in 2011
Years of data
19
2006–2024
New business density in Russian Federation, 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 Russian Federation is 2.28 new registrations per 1,000 people ages 15-64, measured in 2024.
Compared with earlier readings it is down 10.3% on the previous year and down 45.7% over ten years.
Over the whole period, new business density in Russian Federation peaked at 4.53 new registrations per 1,000 people ages 15-64 in 2015 and was at its lowest, 1.53 new registrations per 1,000 people ages 15-64, in 2011.
Russian Federation ranks 89th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
New business density in Russian Federation, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 4.12 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 3.97 new registrations per 1,000 people ages 15-64 | -3.7% |
| 2008 | 4.07 new registrations per 1,000 people ages 15-64 | +2.5% |
| 2009 | 2.5 new registrations per 1,000 people ages 15-64 | -38.4% |
| 2010 | 2.51 new registrations per 1,000 people ages 15-64 | +0.1% |
| 2011 | 1.53 new registrations per 1,000 people ages 15-64 | -39.1% |
| 2012 | 3.88 new registrations per 1,000 people ages 15-64 | +154.0% |
| 2013 | 3.9 new registrations per 1,000 people ages 15-64 | +0.7% |
| 2014 | 4.21 new registrations per 1,000 people ages 15-64 | +7.9% |
| 2015 | 4.53 new registrations per 1,000 people ages 15-64 | +7.6% |
| 2016 | 4.34 new registrations per 1,000 people ages 15-64 | -4.3% |
| 2017 | 3.93 new registrations per 1,000 people ages 15-64 | -9.3% |
| 2018 | 3.22 new registrations per 1,000 people ages 15-64 | -18.1% |
| 2019 | 2.88 new registrations per 1,000 people ages 15-64 | -10.6% |
| 2020 | 2.21 new registrations per 1,000 people ages 15-64 | -23.1% |
| 2021 | 2.3 new registrations per 1,000 people ages 15-64 | +4.0% |
| 2022 | 2.52 new registrations per 1,000 people ages 15-64 | +9.3% |
| 2023 | 2.55 new registrations per 1,000 people ages 15-64 | +1.2% |
| 2024 | 2.28 new registrations per 1,000 people ages 15-64 | -10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.66 new registrations per 1,000 people ages 15-64 | 2.5 new registrations per 1,000 people ages 15-64 | 4.12 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 3.49 new registrations per 1,000 people ages 15-64 | 1.53 new registrations per 1,000 people ages 15-64 | 4.53 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.37 new registrations per 1,000 people ages 15-64 | 2.21 new registrations per 1,000 people ages 15-64 | 2.55 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Russian Federation
- 86 Poland 2.38 new registrations per 1,000 people ages 15-64 compare
- 87 Timor-Leste 2.34 new registrations per 1,000 people ages 15-64 compare
- 88 Albania 2.29 new registrations per 1,000 people ages 15-64 compare
- 90 Colombia 2.22 new registrations per 1,000 people ages 15-64 compare
- 91 Sao Tome and Principe 2.19 new registrations per 1,000 people ages 15-64 compare
- 92 Kyrgyzstan 2.15 new registrations per 1,000 people ages 15-64 compare
More private sector data for Russian Federation
- Merchandise trade 28.2% (2025)
- Food imports 10.9% (2021)
- Manufactures imports 79.8% (2021)
- Merchandise imports 302.71 billion current US$ (2025)
- Food exports 6.6% (2021)
- Manufactures exports 22.1% (2021)
- Merchandise exports 419.40 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,922 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1637 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.28 % change on previous year (2025)
Frequently asked questions
- What is new business density in Russian Federation?
- New business density in Russian Federation was 2.28 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 Russian Federation?
- The highest recorded value was 4.53 new registrations per 1,000 people ages 15-64 in 2015.
- What is the lowest new business density recorded in Russian Federation?
- The lowest recorded value was 1.53 new registrations per 1,000 people ages 15-64 in 2011.
- How does Russian Federation rank for new business density?
- Russian Federation ranks 89th out of 177 countries with data for 2024.
- Is new business density rising or falling in Russian Federation?
- Over the last ten years it is down 45.7%. The long-run trend across the full record is falling.
- Where does this Russian Federation 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.