New business density — all countries

New business density — Bhutan

New business density in Bhutan in 2022 — 0.07 per 1,000. Ranked 151 in the world out of 154. Since 2006, the indicator has risen by 201.2%.

2022 0.07 per 1,000 −12.36% vs 2021
World rank 151of 154
Period maximum 0.15 per 1,0002012
Period minimum 0.02 per 1,0002007

Trend over time

2006–2022 · per 1,000 people aged 15–64

New business density — Bhutan, 2006–202200.050.10.152006200820102012201420162018202020222006: 0.02 per 1,0002007: 0.02 per 1,0002008: 0.04 per 1,0002009: 0.03 per 1,0002010: 0.03 per 1,0002011: 0.05 per 1,0002012: 0.15 per 1,0002013: 0.05 per 1,0002014: 0.05 per 1,0002015: 0.07 per 1,0002016: 0.09 per 1,0002017: 0.13 per 1,0002018: 0.08 per 1,0002019: 0.09 per 1,0002020: 0.08 per 1,0002021: 0.08 per 1,0002022: 0.07 per 1,000
Change over the period: +0.05 (+201.16%) Average annual rate: 7.13 %

Comparison, 2022

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

Bhutan 0.07 per 1,000
World 4.89 per 1,000
South Asia 0.18 per 1,000
Southern Asia computed 0.19 per 1,000
Lower-middle-income countries computed 0.57 per 1,000
New business density — Bhutan, by year Bhutan All countries CSV XLSX
Year per 1,000 Change Change, %
2022 0.07 −0.01 −12.36%
2021 0.08 +0 +5.5%
2020 0.08 −0.02 −17.39%
2019 0.09 +0.01 +14.22%
2018 0.08 −0.05 −37.93%
2017 0.13 +0.04 +39.28%
2016 0.09 +0.02 +35.09%
2015 0.07 +0.02 +43.62%
2014 0.05 +0 +2.73%
2013 0.05 −0.1 −68.13%
2012 0.15 +0.1 +217.14%
2011 0.05 +0.01 +43.96%
2010 0.03 +0.01 +22.56%
2009 0.03 −0.01 −34.71%
2008 0.04 +0.02 +76.07%
2007 0.02 −0 −2.25%
2006 0.02

Southern Asia, 2022

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.