New business density in Timor-Leste
Timor-Leste: New business density was 2.34 new registrations per 1,000 people ages 15-64 in 2022. ◆ Volatile
New business density in Timor-Leste, 2008–2022
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Timor-Leste recorded 2.34 new registrations per 1,000 people ages 15-64 for new business density in 2022.
The figure is up 39.0% on the previous year and down 14.4% over ten years.
Over the whole period, new business density in Timor-Leste peaked at 7.61 new registrations per 1,000 people ages 15-64 in 2010 and was at its lowest, 0.7379 new registrations per 1,000 people ages 15-64, in 2008.
Timor-Leste ranks 87th of 177 countries on this measure, 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 Timor-Leste, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2008 | 0.7379 new registrations per 1,000 people ages 15-64 | — |
| 2009 | 2.06 new registrations per 1,000 people ages 15-64 | +178.5% |
| 2010 | 7.61 new registrations per 1,000 people ages 15-64 | +270.3% |
| 2011 | 3.68 new registrations per 1,000 people ages 15-64 | -51.7% |
| 2012 | 2.73 new registrations per 1,000 people ages 15-64 | -25.8% |
| 2013 | 4.06 new registrations per 1,000 people ages 15-64 | +49.0% |
| 2014 | 4.47 new registrations per 1,000 people ages 15-64 | +10.0% |
| 2015 | 3.07 new registrations per 1,000 people ages 15-64 | -31.3% |
| 2016 | 2.8 new registrations per 1,000 people ages 15-64 | -8.8% |
| 2017 | 2.79 new registrations per 1,000 people ages 15-64 | -0.5% |
| 2018 | 2.15 new registrations per 1,000 people ages 15-64 | -22.7% |
| 2019 | 2.16 new registrations per 1,000 people ages 15-64 | +0.1% |
| 2020 | 1.54 new registrations per 1,000 people ages 15-64 | -28.8% |
| 2021 | 1.68 new registrations per 1,000 people ages 15-64 | +9.4% |
| 2022 | 2.34 new registrations per 1,000 people ages 15-64 | +39.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4 new registrations per 1,000 people ages 15-64 | 0.7379 new registrations per 1,000 people ages 15-64 | 2.06 new registrations per 1,000 people ages 15-64 | 2 |
| 2010s | 3.55 new registrations per 1,000 people ages 15-64 | 2.15 new registrations per 1,000 people ages 15-64 | 7.61 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 1.85 new registrations per 1,000 people ages 15-64 | 1.54 new registrations per 1,000 people ages 15-64 | 2.34 new registrations per 1,000 people ages 15-64 | 3 |
Countries ranked near Timor-Leste
- 84 Greece 2.45 new registrations per 1,000 people ages 15-64 compare
- 85 Malaysia 2.38 new registrations per 1,000 people ages 15-64 compare
- 86 Poland 2.38 new registrations per 1,000 people ages 15-64 compare
- 88 Albania 2.29 new registrations per 1,000 people ages 15-64 compare
- 89 Russian Federation 2.28 new registrations per 1,000 people ages 15-64 compare
- 90 Colombia 2.22 new registrations per 1,000 people ages 15-64 compare
More private sector data for Timor-Leste
- Merchandise trade 56.9% (2025)
- Food imports 28.1% (2023)
- Manufactures imports 49.6% (2023)
- Merchandise imports 979.00 million current US$ (2025)
- Food exports 10.5% (2023)
- Manufactures exports 21.9% (2023)
- Merchandise exports 103.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 72.61 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0541 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 19.77 % change on previous year (2025)
Frequently asked questions
- What is new business density in Timor-Leste?
- New business density in Timor-Leste was 2.34 new registrations per 1,000 people ages 15-64 in 2022, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Timor-Leste?
- The highest recorded value was 7.61 new registrations per 1,000 people ages 15-64 in 2010.
- What is the lowest new business density recorded in Timor-Leste?
- The lowest recorded value was 0.7379 new registrations per 1,000 people ages 15-64 in 2008.
- How does Timor-Leste rank for new business density?
- Timor-Leste ranks 87th out of 177 countries with data for 2022.
- Is new business density rising or falling in Timor-Leste?
- Over the last ten years it is down 14.4%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste 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.