New business density in Zambia
Zambia: New business density was 1.5 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
1.5 new registrations per 1,000 people ages 15-64
Change on year
down 2.1%
World rank
112th
of 177 countries
All-time high
1.54 new registrations per 1,000 people ages 15-64
in 2022
All-time low
0.5999 new registrations per 1,000 people ages 15-64
in 2006
Years of data
19
2006–2024
New business density in Zambia, 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 Zambia is 1.5 new registrations per 1,000 people ages 15-64, measured in 2024.
That represents a change of down 2.1% on the previous year and up 34.0% over ten years.
Over the whole period, new business density in Zambia peaked at 1.54 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 0.5999 new registrations per 1,000 people ages 15-64, in 2006.
Zambia ranks 112th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Zambia, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.5999 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.8602 new registrations per 1,000 people ages 15-64 | +43.4% |
| 2008 | 0.8989 new registrations per 1,000 people ages 15-64 | +4.5% |
| 2009 | 0.7415 new registrations per 1,000 people ages 15-64 | -17.5% |
| 2010 | 0.8765 new registrations per 1,000 people ages 15-64 | +18.2% |
| 2011 | 1.03 new registrations per 1,000 people ages 15-64 | +17.9% |
| 2012 | 1.13 new registrations per 1,000 people ages 15-64 | +9.8% |
| 2013 | 1.16 new registrations per 1,000 people ages 15-64 | +2.5% |
| 2014 | 1.12 new registrations per 1,000 people ages 15-64 | -3.7% |
| 2015 | 1.05 new registrations per 1,000 people ages 15-64 | -6.3% |
| 2016 | 0.9826 new registrations per 1,000 people ages 15-64 | -6.4% |
| 2017 | 1 new registrations per 1,000 people ages 15-64 | +2.1% |
| 2018 | 1.05 new registrations per 1,000 people ages 15-64 | +5.0% |
| 2019 | 0.9528 new registrations per 1,000 people ages 15-64 | -9.5% |
| 2020 | 1.03 new registrations per 1,000 people ages 15-64 | +7.8% |
| 2021 | 1.29 new registrations per 1,000 people ages 15-64 | +25.7% |
| 2022 | 1.54 new registrations per 1,000 people ages 15-64 | +19.4% |
| 2023 | 1.53 new registrations per 1,000 people ages 15-64 | -0.5% |
| 2024 | 1.5 new registrations per 1,000 people ages 15-64 | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7751 new registrations per 1,000 people ages 15-64 | 0.5999 new registrations per 1,000 people ages 15-64 | 0.8989 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 1.04 new registrations per 1,000 people ages 15-64 | 0.8765 new registrations per 1,000 people ages 15-64 | 1.16 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 1.38 new registrations per 1,000 people ages 15-64 | 1.03 new registrations per 1,000 people ages 15-64 | 1.54 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Zambia
- 109 Gabon 1.57 new registrations per 1,000 people ages 15-64 compare
- 110 Lao People's Democratic Republic 1.57 new registrations per 1,000 people ages 15-64 compare
- 111 Angola 1.55 new registrations per 1,000 people ages 15-64 compare
- 113 Lesotho 1.47 new registrations per 1,000 people ages 15-64 compare
- 114 Dominican Republic 1.45 new registrations per 1,000 people ages 15-64 compare
- 115 Germany 1.44 new registrations per 1,000 people ages 15-64 compare
More private sector data for Zambia
- Merchandise trade 91.7% (2025)
- Food imports 7.8% (2024)
- Manufactures imports 64.4% (2024)
- Merchandise imports 13.17 billion current US$ (2025)
- Food exports 8.7% (2024)
- Manufactures exports 14.1% (2024)
- Merchandise exports 13.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 607.56 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.461 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.07 % change on previous year (2025)
Frequently asked questions
- What is new business density in Zambia?
- New business density in Zambia was 1.5 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 Zambia?
- The highest recorded value was 1.54 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in Zambia?
- The lowest recorded value was 0.5999 new registrations per 1,000 people ages 15-64 in 2006.
- How does Zambia rank for new business density?
- Zambia ranks 112th out of 177 countries with data for 2024.
- Is new business density rising or falling in Zambia?
- Over the last ten years it is up 34.0%. The long-run trend across the full record is rising.
- Where does this Zambia 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.