New business density — all countries

New business density — G7

New business density in the G7 in 2024 — 5.47 per 1,000. Since 2006, the indicator has risen by 96.5%.

2024 5.47 per 1,000 −0.69% vs 2023
World rank
Period maximum 5.51 per 1,0002023
Period minimum 2.67 per 1,0002009

Trend over time

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

New business density — G7, 2006–20242345620062008201020122014201620182020202220242006: 2.79 per 1,0002007: 3.06 per 1,0002008: 2.7 per 1,0002009: 2.67 per 1,0002010: 2.88 per 1,0002011: 3.09 per 1,0002012: 3.21 per 1,0002013: 3.38 per 1,0002014: 3.71 per 1,0002015: 3.89 per 1,0002016: 4.19 per 1,0002017: 3.81 per 1,0002018: 4.26 per 1,0002019: 4.41 per 1,0002020: 4.74 per 1,0002021: 5.14 per 1,0002022: 5.21 per 1,0002023: 5.51 per 1,0002024: 5.47 per 1,000
Change over the period: +2.69 (+96.54%) Average annual rate: 3.83 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: G7

G7 5.47 per 1,000
World 5.15 per 1,000
New business density — G7, by year G7 All countries CSV XLSX
Year per 1,000 Change Change, %
2024 5.47 −0.04 −0.69%
2023 5.51 +0.31 +5.89%
2022 5.21 +0.06 +1.24%
2021 5.14 +0.4 +8.52%
2020 4.74 +0.33 +7.4%
2019 4.41 +0.15 +3.52%
2018 4.26 +0.45 +11.91%
2017 3.81 −0.38 −9.06%
2016 4.19 +0.3 +7.65%
2015 3.89 +0.18 +4.84%
2014 3.71 +0.33 +9.79%
2013 3.38 +0.17 +5.21%
2012 3.21 +0.12 +4.02%
2011 3.09 +0.2 +7.08%
2010 2.88 +0.21 +7.97%
2009 2.67 −0.03 −0.94%
2008 2.7 −0.37 −11.96%
2007 3.06 +0.28 +9.95%
2006 2.79

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.