New business density — all countries

New business density — Chile

New business density in Chile in 2023 — 9.09 per 1,000. Ranked 23 in the world out of 140. Since 2006, the indicator has risen by 288.2%.

2023 9.09 per 1,000 −5.46% vs 2022
World rank 23of 140
Period maximum 11.47 per 1,0002021
Period minimum 2.34 per 1,0002006

Trend over time

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

New business density — Chile, 2006–202305101520062008201020122014201620182020202220232006: 2.34 per 1,0002007: 2.48 per 1,0002008: 2.54 per 1,0002009: 2.67 per 1,0002010: 2.92 per 1,0002011: 3.52 per 1,0002012: 4.05 per 1,0002013: 4.76 per 1,0002014: 5.52 per 1,0002015: 5.72 per 1,0002016: 6.06 per 1,0002017: 7.64 per 1,0002018: 8.31 per 1,0002019: 8.17 per 1,0002020: 8.43 per 1,0002021: 11.47 per 1,0002022: 9.62 per 1,0002023: 9.09 per 1,000
Change over the period: +6.75 (+288.21%) Average annual rate: 8.31 %

Comparison, 2023

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

Chile 9.09 per 1,000
World 6.12 per 1,000
Latin America & Caribbean 3.55 per 1,000
South America computed 4.51 per 1,000
New business density — Chile, by year Chile All countries CSV XLSX
Year per 1,000 Change Change, %
2023 9.09 −0.53 −5.46%
2022 9.62 −1.86 −16.17%
2021 11.47 +3.04 +36.09%
2020 8.43 +0.26 +3.22%
2019 8.17 −0.14 −1.68%
2018 8.31 +0.67 +8.71%
2017 7.64 +1.58 +26.1%
2016 6.06 +0.34 +5.89%
2015 5.72 +0.2 +3.69%
2014 5.52 +0.76 +15.93%
2013 4.76 +0.71 +17.44%
2012 4.05 +0.53 +15.19%
2011 3.52 +0.6 +20.44%
2010 2.92 +0.25 +9.35%
2009 2.67 +0.14 +5.36%
2008 2.54 +0.06 +2.26%
2007 2.48 +0.14 +5.89%
2006 2.34

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.