New business density — all countries

New business density — Botswana

New business density in Botswana in 2024 — 13.33 per 1,000. Ranked 19 in the world out of 134. Since 2006, the indicator has risen by 131.9%.

2024 13.33 per 1,000 +68.92% vs 2023
World rank 19of 134
Period maximum 19.15 per 1,0002016
Period minimum 5.05 per 1,0002017

Trend over time

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

New business density — Botswana, 2006–20240510152020062008201020122014201620182020202220242006: 5.75 per 1,0002007: 5.89 per 1,0002008: 6.79 per 1,0002009: 8.83 per 1,0002010: 9.2 per 1,0002011: 9.52 per 1,0002012: 12.3 per 1,0002013: 11.33 per 1,0002014: 13.8 per 1,0002015: 17.19 per 1,0002016: 19.15 per 1,0002017: 5.05 per 1,0002018: 5.2 per 1,0002019: 5.77 per 1,0002020: 7.8 per 1,0002021: 8.98 per 1,0002022: 9.36 per 1,0002023: 7.89 per 1,0002024: 13.33 per 1,000
Change over the period: +7.58 (+131.87%) Average annual rate: 4.78 %

Comparison, 2024

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

Botswana 13.33 per 1,000
World 5.15 per 1,000
Sub-Saharan Africa computed 2.26 per 1,000
Southern Africa computed 11.23 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Botswana, by year Botswana All countries CSV XLSX
Year per 1,000 Change Change, %
2024 13.33 +5.44 +68.92%
2023 7.89 −1.47 −15.71%
2022 9.36 +0.38 +4.22%
2021 8.98 +1.18 +15.12%
2020 7.8 +2.03 +35.16%
2019 5.77 +0.57 +10.98%
2018 5.2 +0.15 +2.96%
2017 5.05 −14.1 −73.62%
2016 19.15 +1.97 +11.44%
2015 17.19 +3.38 +24.5%
2014 13.8 +2.47 +21.82%
2013 11.33 −0.97 −7.89%
2012 12.3 +2.78 +29.22%
2011 9.52 +0.32 +3.5%
2010 9.2 +0.37 +4.22%
2009 8.83 +2.03 +29.95%
2008 6.79 +0.9 +15.23%
2007 5.89 +0.14 +2.5%
2006 5.75

Southern Africa, 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.