New business density — all countries

New business density — High-income countries

New business density in high-income countries in 2022 — 5.1 per 1,000. Since 2012, the indicator has risen by 34.7%.

2022 5.1 per 1,000 −2.05% vs 2021
World rank
Period maximum 5.21 per 1,0002021
Period minimum 3.79 per 1,0002012

Trend over time

2012–2022 · per 1,000 people aged 15–64

New business density — High-income countries, 2012–20223.544.555.5201220132014201520162017201820192020202120222012: 3.79 per 1,0002013: 4.04 per 1,0002014: 4.29 per 1,0002015: 4.43 per 1,0002016: 4.59 per 1,0002017: 4.48 per 1,0002018: 4.59 per 1,0002019: 4.56 per 1,0002020: 4.51 per 1,0002021: 5.21 per 1,0002022: 5.1 per 1,000
Change over the period: +1.31 (+34.71%) Average annual rate: 3.02 %

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: High-income countries

High-income countries 5.1 per 1,000
World 4.89 per 1,000
New business density — High-income countries, by year High-income countries All countries CSV XLSX
Year per 1,000 Change Change, %
2022 5.1 −0.11 −2.05%
2021 5.21 +0.7 +15.47%
2020 4.51 −0.05 −1.03%
2019 4.56 −0.03 −0.74%
2018 4.59 +0.11 +2.57%
2017 4.48 −0.12 −2.51%
2016 4.59 +0.16 +3.61%
2015 4.43 +0.14 +3.37%
2014 4.29 +0.25 +6.11%
2013 4.04 +0.25 +6.69%
2012 3.79

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.