New business density — all countries

New business density — Ghana

New business density in Ghana in 2024 — 1.37 per 1,000. Ranked 95 in the world out of 134. Since 2006, the indicator has risen by 127%.

2024 1.37 per 1,000 −42.7% vs 2023
World rank 95of 134
Period maximum 2.39 per 1,0002023
Period minimum 0.6 per 1,0002006

Trend over time

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

New business density — Ghana, 2006–2024012320062008201020122014201620182020202220242006: 0.6 per 1,0002007: 0.74 per 1,0002008: 1.07 per 1,0002009: 1.1 per 1,0002010: 0.96 per 1,0002011: 1.06 per 1,0002012: 0.87 per 1,0002013: 1.36 per 1,0002014: 1.39 per 1,0002015: 1.11 per 1,0002016: 1.13 per 1,0002017: 1.56 per 1,0002018: 1.47 per 1,0002019: 1.36 per 1,0002020: 1.32 per 1,0002021: 1.25 per 1,0002022: 1.28 per 1,0002023: 2.39 per 1,0002024: 1.37 per 1,000
Change over the period: +0.77 (+127.03%) Average annual rate: 4.66 %

Comparison, 2024

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

Ghana 1.37 per 1,000
World 5.15 per 1,000
Sub-Saharan Africa computed 2.26 per 1,000
Western Africa computed 2.11 per 1,000
New business density — Ghana, by year Ghana All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.37 −1.02 −42.7%
2023 2.39 +1.11 +87.02%
2022 1.28 +0.03 +2.19%
2021 1.25 −0.07 −4.94%
2020 1.32 −0.05 −3.52%
2019 1.36 −0.1 −6.99%
2018 1.47 −0.1 −6.23%
2017 1.56 +0.44 +39.04%
2016 1.13 +0.01 +1.09%
2015 1.11 −0.28 −20.12%
2014 1.39 +0.03 +2.11%
2013 1.36 +0.5 +56.99%
2012 0.87 −0.19 −18.16%
2011 1.06 +0.1 +10.68%
2010 0.96 −0.14 −12.88%
2009 1.1 +0.03 +2.59%
2008 1.07 +0.34 +45.9%
2007 0.74 +0.13 +21.9%
2006 0.6

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.