New business density — all countries

New business density — Europe & Central Asia

New business density in Europe & Central Asia in 2024 — 4.89 per 1,000. Since 2006, the indicator has risen by 46.6%.

2024 4.89 per 1,000 −0.63% vs 2023
World rank
Period maximum 4.92 per 1,0002023
Period minimum 2.69 per 1,0002009

Trend over time

2006–2024 · per 1,000 people aged 15–64

New business density — Europe & Central Asia, 2006–2024234520062008201020122014201620182020202220242006: 3.33 per 1,0002007: 3.52 per 1,0002008: 3.27 per 1,0002009: 2.69 per 1,0002010: 2.85 per 1,0002011: 2.87 per 1,0002012: 3.27 per 1,0002013: 3.45 per 1,0002014: 3.63 per 1,0002015: 3.8 per 1,0002016: 3.99 per 1,0002017: 4.04 per 1,0002018: 4.17 per 1,0002019: 4.27 per 1,0002020: 4.17 per 1,0002021: 4.64 per 1,0002022: 4.78 per 1,0002023: 4.92 per 1,0002024: 4.89 per 1,000
Change over the period: +1.55 (+46.61%) Average annual rate: 2.15 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Europe & Central Asia

Europe & Central Asia 4.89 per 1,000
World 5.15 per 1,000
New business density — Europe & Central Asia, by year Europe & Central Asia All countries CSV XLSX
Year per 1,000 Change Change, %
2024 4.89 −0.03 −0.63%
2023 4.92 +0.14 +2.86%
2022 4.78 +0.14 +3.03%
2021 4.64 +0.47 +11.38%
2020 4.17 −0.1 −2.36%
2019 4.27 +0.1 +2.3%
2018 4.17 +0.13 +3.27%
2017 4.04 +0.04 +1.12%
2016 3.99 +0.2 +5.19%
2015 3.8 +0.17 +4.76%
2014 3.63 +0.17 +4.93%
2013 3.45 +0.18 +5.54%
2012 3.27 +0.41 +14.23%
2011 2.87 +0.02 +0.63%
2010 2.85 +0.16 +5.9%
2009 2.69 −0.58 −17.66%
2008 3.27 −0.25 −7.17%
2007 3.52 +0.18 +5.53%
2006 3.33

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.