New business density in Palestine, State of
Palestine, State of: New business density was 0.1708 new registrations per 1,000 people ages 15-64 in 2024. ▼ Falling
Latest (2024)
0.1708 new registrations per 1,000 people ages 15-64
Change on year
up 22.9%
World rank
164th
of 177 countries
All-time high
0.5097 new registrations per 1,000 people ages 15-64
in 2006
All-time low
0.0695 new registrations per 1,000 people ages 15-64
in 2022
Years of data
19
2006–2024
New business density in Palestine, State of, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Palestine, State of recorded 0.1708 new registrations per 1,000 people ages 15-64 for new business density in 2024.
Compared with earlier readings it is up 22.9% on the previous year and down 52.2% over ten years.
Over the whole period, new business density in Palestine, State of peaked at 0.5097 new registrations per 1,000 people ages 15-64 in 2006 and was at its lowest, 0.0695 new registrations per 1,000 people ages 15-64, in 2022.
Palestine, State of ranks 164th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
New business density in Palestine, State of, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.5097 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.3177 new registrations per 1,000 people ages 15-64 | -37.7% |
| 2008 | 0.3396 new registrations per 1,000 people ages 15-64 | +6.9% |
| 2009 | 0.415 new registrations per 1,000 people ages 15-64 | +22.2% |
| 2010 | 0.3804 new registrations per 1,000 people ages 15-64 | -8.3% |
| 2011 | 0.3225 new registrations per 1,000 people ages 15-64 | -15.2% |
| 2012 | 0.2346 new registrations per 1,000 people ages 15-64 | -27.3% |
| 2013 | 0.2772 new registrations per 1,000 people ages 15-64 | +18.1% |
| 2014 | 0.3573 new registrations per 1,000 people ages 15-64 | +28.9% |
| 2015 | 0.3475 new registrations per 1,000 people ages 15-64 | -2.7% |
| 2016 | 0.3851 new registrations per 1,000 people ages 15-64 | +10.8% |
| 2017 | 0.4184 new registrations per 1,000 people ages 15-64 | +8.7% |
| 2018 | 0.3603 new registrations per 1,000 people ages 15-64 | -13.9% |
| 2019 | 0.3357 new registrations per 1,000 people ages 15-64 | -6.8% |
| 2020 | 0.3426 new registrations per 1,000 people ages 15-64 | +2.1% |
| 2021 | 0.4159 new registrations per 1,000 people ages 15-64 | +21.4% |
| 2022 | 0.0695 new registrations per 1,000 people ages 15-64 | -83.3% |
| 2023 | 0.1389 new registrations per 1,000 people ages 15-64 | +99.8% |
| 2024 | 0.1708 new registrations per 1,000 people ages 15-64 | +22.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3955 new registrations per 1,000 people ages 15-64 | 0.3177 new registrations per 1,000 people ages 15-64 | 0.5097 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.3419 new registrations per 1,000 people ages 15-64 | 0.2346 new registrations per 1,000 people ages 15-64 | 0.4184 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.2276 new registrations per 1,000 people ages 15-64 | 0.0695 new registrations per 1,000 people ages 15-64 | 0.4159 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Palestine, State of
- 161 Pakistan 0.2023 new registrations per 1,000 people ages 15-64 compare
- 162 India 0.1755 new registrations per 1,000 people ages 15-64 compare
- 163 Tanzania, United Republic of 0.1725 new registrations per 1,000 people ages 15-64 compare
- 165 Tajikistan 0.1472 new registrations per 1,000 people ages 15-64 compare
- 166 Chad 0.1322 new registrations per 1,000 people ages 15-64 compare
- 167 Madagascar 0.1204 new registrations per 1,000 people ages 15-64 compare
More private sector data for Palestine, State of
- Food imports 30.9% (2023)
- Manufactures imports 45.9% (2023)
- Food exports 21.4% (2023)
- Manufactures exports 63.3% (2023)
- Commercial service exports (current US$), per capita 103.2 current US$ per person (2025)
- Commercial service exports 558.70 million current US$ (2025)
- Commercial service exports (current US$), per unit of GDP 0.0325 current US$ per US$ of GDP (2025)
- Transport services 47.1% (2025)
- Commercial service imports (current US$), per capita 227.75 current US$ per person (2025)
- Computer, communications and other services 8.6% (2025)
Frequently asked questions
- What is new business density in Palestine, State of?
- New business density in Palestine, State of was 0.1708 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 Palestine, State of?
- The highest recorded value was 0.5097 new registrations per 1,000 people ages 15-64 in 2006.
- What is the lowest new business density recorded in Palestine, State of?
- The lowest recorded value was 0.0695 new registrations per 1,000 people ages 15-64 in 2022.
- How does Palestine, State of rank for new business density?
- Palestine, State of ranks 164th out of 177 countries with data for 2024.
- Is new business density rising or falling in Palestine, State of?
- Over the last ten years it is down 52.2%. The long-run trend across the full record is falling.
- Where does this Palestine, State of 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.