New business density — all countries

New business density — Albania

New business density in Albania in 2024 — 2.29 per 1,000. Ranked 72 in the world out of 134. Since 2006, the indicator has risen by 218%.

2024 2.29 per 1,000 +20.9% vs 2023
World rank 72of 134
Period maximum 2.29 per 1,0002024
Period minimum 0.72 per 1,0002006

Trend over time

2006–2024 · per 1,000 people aged 15–64

New business density — Albania, 2006–2024012320062008201020122014201620182020202220242006: 0.72 per 1,0002007: 1.11 per 1,0002008: 1.53 per 1,0002009: 1.04 per 1,0002010: 1.06 per 1,0002011: 0.94 per 1,0002012: 0.95 per 1,0002013: 1.07 per 1,0002014: 1.12 per 1,0002015: 1.3 per 1,0002016: 1.36 per 1,0002017: 1.52 per 1,0002018: 1.53 per 1,0002019: 1.54 per 1,0002020: 1.43 per 1,0002021: 1.74 per 1,0002022: 1.81 per 1,0002023: 1.9 per 1,0002024: 2.29 per 1,000
Change over the period: +1.57 (+217.96%) Average annual rate: 6.64 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Albania

Albania 2.29 per 1,000
World 5.15 per 1,000
Europe & Central Asia 4.89 per 1,000
Southern Europe computed 4.16 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Albania, by year Albania All countries CSV XLSX
Year per 1,000 Change Change, %
2024 2.29 +0.4 +20.9%
2023 1.9 +0.09 +4.97%
2022 1.81 +0.07 +3.91%
2021 1.74 +0.31 +21.28%
2020 1.43 −0.11 −7.1%
2019 1.54 +0.02 +1.06%
2018 1.53 +0.01 +0.71%
2017 1.52 +0.16 +11.55%
2016 1.36 +0.06 +4.51%
2015 1.3 +0.18 +15.99%
2014 1.12 +0.06 +5.34%
2013 1.07 +0.11 +11.72%
2012 0.95 +0.02 +1.64%
2011 0.94 −0.13 −11.81%
2010 1.06 +0.02 +1.88%
2009 1.04 −0.49 −31.95%
2008 1.53 +0.42 +38.28%
2007 1.11 +0.39 +53.74%
2006 0.72

About the indicator

The number of newly registered limited liability companies per 1,000 people of working age (15–64) over a year. It is an indicator of entrepreneurial activity and of the ease of entering a market. Only limited liability companies are counted, so in countries where sole proprietorships dominate the figure is understated.

Important: The aggregate is weighted by the population aged 15–64 — the same denominator that stands in the indicator. Only new limited liability companies are counted, so where other legal forms are common the value is understated.

Source: World Development Indicators (World Bank), license CC BY 4.0.