New business density — all countries

New business density — Argentina

New business density in Argentina in 2024 — 0.52 per 1,000. Ranked 117 in the world out of 134. Since 2006, the indicator has risen by 2.2%.

2024 0.52 per 1,000 −27.57% vs 2023
World rank 117of 134
Period maximum 0.79 per 1,0002019
Period minimum 0.38 per 1,0002014

Trend over time

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

New business density — Argentina, 2006–20240.20.40.60.820062008201020122014201620182020202220242006: 0.51 per 1,0002007: 0.52 per 1,0002008: 0.46 per 1,0002009: 0.39 per 1,0002010: 0.44 per 1,0002011: 0.46 per 1,0002012: 0.44 per 1,0002013: 0.41 per 1,0002014: 0.38 per 1,0002015: 0.39 per 1,0002016: 0.42 per 1,0002017: 0.51 per 1,0002018: 0.73 per 1,0002019: 0.79 per 1,0002020: 0.6 per 1,0002021: 0.69 per 1,0002022: 0.67 per 1,0002023: 0.72 per 1,0002024: 0.52 per 1,000
Change over the period: +0.01 (+2.16%) Average annual rate: 0.12 %

Comparison, 2024

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

Argentina 0.52 per 1,000
World 5.15 per 1,000
Latin America & Caribbean 3.68 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Argentina, by year Argentina All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.52 −0.2 −27.57%
2023 0.72 +0.05 +7.85%
2022 0.67 −0.02 −3.18%
2021 0.69 +0.1 +16.06%
2020 0.6 −0.19 −24.03%
2019 0.79 +0.06 +8.48%
2018 0.73 +0.21 +41.74%
2017 0.51 +0.09 +21.42%
2016 0.42 +0.03 +7.57%
2015 0.39 +0.01 +2.58%
2014 0.38 −0.03 −7.06%
2013 0.41 −0.02 −5.73%
2012 0.44 −0.02 −4.9%
2011 0.46 +0.02 +3.64%
2010 0.44 +0.05 +13.93%
2009 0.39 −0.07 −16.17%
2008 0.46 −0.05 −10.61%
2007 0.52 +0 +0.86%
2006 0.51

South America, 2024

The same indicator for neighboring countries — with links to their pages

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.