New business density — all countries

New business density — Bulgaria

New business density in Bulgaria in 2024 — 10.46 per 1,000. Ranked 25 in the world out of 134. Since 2008, the indicator has risen by 43.1%.

2024 10.46 per 1,000 +5.17% vs 2023
World rank 25of 134
Period maximum 10.65 per 1,0002018
Period minimum 5.92 per 1,0002010

Trend over time

2008–2024 · per 1,000 people aged 15–64

New business density — Bulgaria, 2008–202446810122008201020122014201620182020202220242008: 7.31 per 1,0002009: 6.2 per 1,0002010: 5.92 per 1,0002011: 7.3 per 1,0002012: 8.35 per 1,0002013: 8.36 per 1,0002014: 8.38 per 1,0002015: 9.27 per 1,0002016: 10.42 per 1,0002017: 10.58 per 1,0002018: 10.65 per 1,0002019: 10.15 per 1,0002020: 8.39 per 1,0002021: 9.52 per 1,0002022: 9.7 per 1,0002023: 9.94 per 1,0002024: 10.46 per 1,000
Change over the period: +3.15 (+43.1%) Average annual rate: 2.27 %

Comparison, 2024

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

Bulgaria 10.46 per 1,000
World 5.15 per 1,000
Europe & Central Asia 4.89 per 1,000
Eastern Europe computed 3.2 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Bulgaria, by year Bulgaria All countries CSV XLSX
Year per 1,000 Change Change, %
2024 10.46 +0.51 +5.17%
2023 9.94 +0.24 +2.48%
2022 9.7 +0.18 +1.87%
2021 9.52 +1.14 +13.54%
2020 8.39 −1.77 −17.4%
2019 10.15 −0.5 −4.67%
2018 10.65 +0.08 +0.72%
2017 10.58 +0.16 +1.54%
2016 10.42 +1.15 +12.42%
2015 9.27 +0.88 +10.5%
2014 8.38 +0.02 +0.3%
2013 8.36 +0.01 +0.13%
2012 8.35 +1.05 +14.43%
2011 7.3 +1.37 +23.15%
2010 5.92 −0.28 −4.45%
2009 6.2 −1.11 −15.13%
2008 7.31

Eastern Europe, 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.