New business density — all countries

New business density — European Union

New business density in the European Union in 2024 — 4.43 per 1,000. Since 2006, the indicator has risen by 44%.

2024 4.43 per 1,000 +5.68% vs 2023
World rank
Period maximum 4.43 per 1,0002024
Period minimum 2.76 per 1,0002009

Trend over time

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

New business density — European Union, 2006–20242.533.544.520062008201020122014201620182020202220242006: 3.08 per 1,0002007: 3.29 per 1,0002008: 3.22 per 1,0002009: 2.76 per 1,0002010: 2.92 per 1,0002011: 3.05 per 1,0002012: 2.96 per 1,0002013: 3.11 per 1,0002014: 3.16 per 1,0002015: 3.3 per 1,0002016: 3.52 per 1,0002017: 3.7 per 1,0002018: 3.75 per 1,0002019: 3.83 per 1,0002020: 3.58 per 1,0002021: 4.32 per 1,0002022: 4.3 per 1,0002023: 4.2 per 1,0002024: 4.43 per 1,000
Change over the period: +1.36 (+44.01%) Average annual rate: 2.05 %

Comparison, 2024

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

European Union 4.43 per 1,000
World 5.15 per 1,000
New business density — European Union, by year European Union All countries CSV XLSX
Year per 1,000 Change Change, %
2024 4.43 +0.24 +5.68%
2023 4.2 −0.1 −2.37%
2022 4.3 −0.03 −0.63%
2021 4.32 +0.75 +20.94%
2020 3.58 −0.25 −6.53%
2019 3.83 +0.07 +1.93%
2018 3.75 +0.06 +1.57%
2017 3.7 +0.17 +4.92%
2016 3.52 +0.22 +6.75%
2015 3.3 +0.14 +4.58%
2014 3.16 +0.04 +1.33%
2013 3.11 +0.16 +5.26%
2012 2.96 −0.09 −2.95%
2011 3.05 +0.13 +4.52%
2010 2.92 +0.15 +5.52%
2009 2.76 −0.46 −14.19%
2008 3.22 −0.07 −2.2%
2007 3.29 +0.21 +6.98%
2006 3.08

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.