New business density — all countries

New business density — Djibouti

New business density in Djibouti in 2024 — 0.68 per 1,000. Ranked 113 in the world out of 134. Since 2017, the indicator has risen by 98.4%.

2024 0.68 per 1,000 −1.02% vs 2023
World rank 113of 134
Period maximum 1.07 per 1,0002019
Period minimum 0.34 per 1,0002017

Trend over time

2017–2024 · per 1,000 people aged 15–64

New business density — Djibouti, 2017–202400.511.5201720182019202020212022202320242017: 0.34 per 1,0002018: 0.61 per 1,0002019: 1.07 per 1,0002020: 0.91 per 1,0002021: 0.67 per 1,0002022: 0.73 per 1,0002023: 0.68 per 1,0002024: 0.68 per 1,000
Change over the period: +0.34 (+98.39%) Average annual rate: 10.28 %

Comparison, 2024

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

Djibouti 0.68 per 1,000
World 5.15 per 1,000
Sub-Saharan Africa computed 2.26 per 1,000
Eastern Africa computed 1.1 per 1,000
New business density — Djibouti, by year Djibouti All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.68 −0.01 −1.02%
2023 0.68 −0.05 −6.58%
2022 0.73 +0.06 +9.74%
2021 0.67 −0.24 −26.84%
2020 0.91 −0.16 −15.19%
2019 1.07 +0.46 +74.69%
2018 0.61 +0.27 +80.39%
2017 0.34

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.