New business density — all countries

New business density — China

New business density in China in 2024 — 15.59 per 1,000. Ranked 14 in the world out of 134. Since 2008, the indicator has risen by 299.3%.

2024 15.59 per 1,000 −22.31% vs 2023
World rank 14of 134
Period maximum 20.07 per 1,0002023
Period minimum 3.9 per 1,0002008

Trend over time

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

New business density — China, 2008–202401020302008201020122014201620182020202220242008: 3.9 per 1,0002009: 5.05 per 1,0002010: 5.92 per 1,0002011: 6.44 per 1,0002012: 6.48 per 1,0002013: 7.29 per 1,0002014: 11.24 per 1,0002015: 12.91 per 1,0002016: 14.77 per 1,0002017: 13.95 per 1,0002018: 14.12 per 1,0002019: 13.25 per 1,0002020: 14.3 per 1,0002021: 19.03 per 1,0002022: 15.76 per 1,0002023: 20.07 per 1,0002024: 15.59 per 1,000
Change over the period: +11.69 (+299.31%) Average annual rate: 9.04 %

Comparison, 2024

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

China 15.59 per 1,000
World 5.15 per 1,000
East Asia & Pacific 10.73 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — China, by year China All countries CSV XLSX
Year per 1,000 Change Change, %
2024 15.59 −4.48 −22.31%
2023 20.07 +4.31 +27.36%
2022 15.76 −3.27 −17.19%
2021 19.03 +4.73 +33.05%
2020 14.3 +1.05 +7.91%
2019 13.25 −0.86 −6.11%
2018 14.12 +0.17 +1.2%
2017 13.95 −0.82 −5.56%
2016 14.77 +1.86 +14.42%
2015 12.91 +1.67 +14.82%
2014 11.24 +3.96 +54.3%
2013 7.29 +0.81 +12.45%
2012 6.48 +0.04 +0.56%
2011 6.44 +0.52 +8.84%
2010 5.92 +0.87 +17.17%
2009 5.05 +1.15 +29.42%
2008 3.9

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.