New business density — all countries

New business density — Brunei Darussalam

New business density in Brunei Darussalam in 2024 — 0.47 per 1,000. Ranked 119 in the world out of 134. Since 2012, the indicator has fallen by 71.6%.

2024 0.47 per 1,000 +28.97% vs 2023
World rank 119of 134
Period maximum 2.42 per 1,0002019
Period minimum 0.27 per 1,0002022

Trend over time

2012–2024 · per 1,000 people aged 15–64

New business density — Brunei Darussalam, 2012–2024012320122014201620182020202220242012: 1.65 per 1,0002013: 1.61 per 1,0002014: 1.52 per 1,0002015: 1.41 per 1,0002016: 1.87 per 1,0002017: 2.13 per 1,0002018: 1.96 per 1,0002019: 2.42 per 1,0002020: 1.05 per 1,0002021: 0.41 per 1,0002022: 0.27 per 1,0002023: 0.36 per 1,0002024: 0.47 per 1,000
Change over the period: −1.19 (−71.64%) Average annual rate: -9.97 %

Comparison, 2024

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

Brunei Darussalam 0.47 per 1,000
World 5.15 per 1,000
East Asia & Pacific 10.73 per 1,000
South-Eastern Asia computed 1.31 per 1,000
New business density — Brunei Darussalam, by year Brunei Darussalam All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.47 +0.11 +28.97%
2023 0.36 +0.09 +35.18%
2022 0.27 −0.14 −34%
2021 0.41 −0.65 −61.28%
2020 1.05 −1.37 −56.45%
2019 2.42 +0.46 +23.35%
2018 1.96 −0.17 −7.79%
2017 2.13 +0.25 +13.57%
2016 1.87 +0.47 +33.15%
2015 1.41 −0.12 −7.65%
2014 1.52 −0.09 −5.4%
2013 1.61 −0.05 −2.73%
2012 1.65

South-Eastern Asia, 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.