New business density — all countries

New business density — Austria

New business density in Austria in 2023 — 1 per 1,000. Ranked 106 in the world out of 140. Since 2006, the indicator has risen by 79.7%.

2023 1 per 1,000 −7.17% vs 2022
World rank 106of 140
Period maximum 1.23 per 1,0002014
Period minimum 0.56 per 1,0002006

Trend over time

2006–2023 · per 1,000 people aged 15–64

New business density — Austria, 2006–20230.40.60.811.21.420062008201020122014201620182020202220232006: 0.56 per 1,0002007: 1.2 per 1,0002008: 1.21 per 1,0002009: 1.1 per 1,0002010: 1.07 per 1,0002011: 0.96 per 1,0002012: 1 per 1,0002013: 1.05 per 1,0002014: 1.23 per 1,0002015: 1.08 per 1,0002016: 1.01 per 1,0002017: 1.02 per 1,0002018: 0.99 per 1,0002019: 1 per 1,0002020: 0.86 per 1,0002021: 0.95 per 1,0002022: 1.08 per 1,0002023: 1 per 1,000
Change over the period: +0.44 (+79.71%) Average annual rate: 3.51 %

Comparison, 2023

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

Austria 1 per 1,000
World 6.12 per 1,000
Europe & Central Asia 4.92 per 1,000
Western Europe computed 3.72 per 1,000
New business density — Austria, by year Austria All countries CSV XLSX
Year per 1,000 Change Change, %
2023 1 −0.08 −7.17%
2022 1.08 +0.12 +12.82%
2021 0.95 +0.1 +11.16%
2020 0.86 −0.15 −14.5%
2019 1 +0.01 +0.95%
2018 0.99 −0.03 −2.93%
2017 1.02 +0.01 +1.25%
2016 1.01 −0.07 −6.65%
2015 1.08 −0.15 −12.06%
2014 1.23 +0.19 +17.77%
2013 1.05 +0.05 +5.12%
2012 1 +0.03 +3.54%
2011 0.96 −0.11 −10.01%
2010 1.07 −0.03 −2.71%
2009 1.1 −0.11 −8.98%
2008 1.21 +0.01 +0.46%
2007 1.2 +0.65 +116.01%
2006 0.56

Western Europe, 2023

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.