New business density — all countries

New business density — Hungary

New business density in Hungary in 2024 — 3.83 per 1,000. Ranked 54 in the world out of 134. Since 2006, the indicator has risen by 19.5%.

2024 3.83 per 1,000 −5.15% vs 2023
World rank 54of 134
Period maximum 7.69 per 1,0002011
Period minimum 3.21 per 1,0002006

Trend over time

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

New business density — Hungary, 2006–2024246820062008201020122014201620182020202220242006: 3.21 per 1,0002007: 3.99 per 1,0002008: 6.37 per 1,0002009: 6.15 per 1,0002010: 6.5 per 1,0002011: 7.69 per 1,0002012: 4.81 per 1,0002013: 4.25 per 1,0002014: 3.75 per 1,0002015: 3.29 per 1,0002016: 3.52 per 1,0002017: 3.62 per 1,0002018: 3.89 per 1,0002019: 4.09 per 1,0002020: 4.17 per 1,0002021: 5.02 per 1,0002022: 4.49 per 1,0002023: 4.04 per 1,0002024: 3.83 per 1,000
Change over the period: +0.62 (+19.46%) Average annual rate: 0.99 %

Comparison, 2024

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

Hungary 3.83 per 1,000
World 5.15 per 1,000
Europe & Central Asia 4.89 per 1,000
Eastern Europe computed 3.2 per 1,000
New business density — Hungary, by year Hungary All countries CSV XLSX
Year per 1,000 Change Change, %
2024 3.83 −0.21 −5.15%
2023 4.04 −0.44 −9.89%
2022 4.49 −0.54 −10.7%
2021 5.02 +0.85 +20.44%
2020 4.17 +0.08 +1.97%
2019 4.09 +0.21 +5.28%
2018 3.89 +0.26 +7.28%
2017 3.62 +0.1 +2.88%
2016 3.52 +0.23 +7.02%
2015 3.29 −0.46 −12.34%
2014 3.75 −0.49 −11.61%
2013 4.25 −0.56 −11.73%
2012 4.81 −2.88 −37.47%
2011 7.69 +1.2 +18.43%
2010 6.5 +0.35 +5.68%
2009 6.15 −0.23 −3.56%
2008 6.37 +2.39 +59.8%
2007 3.99 +0.78 +24.24%
2006 3.21

Eastern Europe, 2024

The same indicator for neighboring countries — with links to their pages

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.