New business density — all countries

New business density — India

New business density in India in 2024 — 0.18 per 1,000. Ranked 125 in the world out of 134. Since 2006, the indicator has risen by 157.3%.

2024 0.18 per 1,000 +3.95% vs 2023
World rank 125of 134
Period maximum 0.18 per 1,0002022
Period minimum 0.07 per 1,0002006

Trend over time

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

New business density — India, 2006–20240.050.10.150.220062008201020122014201620182020202220242006: 0.07 per 1,0002007: 0.08 per 1,0002008: 0.09 per 1,0002009: 0.08 per 1,0002010: 0.11 per 1,0002011: 0.12 per 1,0002012: 0.12 per 1,0002013: 0.11 per 1,0002014: 0.08 per 1,0002015: 0.09 per 1,0002016: 0.11 per 1,0002017: 0.12 per 1,0002018: 0.13 per 1,0002019: 0.14 per 1,0002020: 0.15 per 1,0002021: 0.18 per 1,0002022: 0.18 per 1,0002023: 0.17 per 1,0002024: 0.18 per 1,000
Change over the period: +0.11 (+157.25%) Average annual rate: 5.39 %

Comparison, 2024

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

India 0.18 per 1,000
World 5.15 per 1,000
South Asia 0.16 per 1,000
New business density — India, by year India All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.18 +0.01 +3.95%
2023 0.17 −0.01 −5.75%
2022 0.18 +0 +2.07%
2021 0.18 +0.02 +16.53%
2020 0.15 +0.01 +8.9%
2019 0.14 +0.01 +7.51%
2018 0.13 +0.01 +7.9%
2017 0.12 +0.01 +12.77%
2016 0.11 +0.01 +14.35%
2015 0.09 +0.01 +13.33%
2014 0.08 −0.03 −25.34%
2013 0.11 −0.02 −12.6%
2012 0.12 +0 +3.76%
2011 0.12 +0.01 +10.16%
2010 0.11 +0.03 +39.56%
2009 0.08 −0.01 −15.26%
2008 0.09 +0.01 +9.46%
2007 0.08 +0.02 +23.86%
2006 0.07

Southern Asia, 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.