New business density — all countries

New business density — Indonesia

New business density in Indonesia in 2024 — 0.94 per 1,000. Ranked 104 in the world out of 134. Since 2006, the indicator has risen by 515.1%.

2024 0.94 per 1,000 −2.85% vs 2023
World rank 104of 134
Period maximum 0.97 per 1,0002023
Period minimum 0.15 per 1,0002006

Trend over time

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

New business density — Indonesia, 2006–202400.250.50.75120062008201020122014201620182020202220242006: 0.15 per 1,0002007: 0.16 per 1,0002008: 0.25 per 1,0002009: 0.18 per 1,0002010: 0.23 per 1,0002011: 0.27 per 1,0002012: 0.28 per 1,0002013: 0.3 per 1,0002014: 0.34 per 1,0002015: 0.33 per 1,0002016: 0.33 per 1,0002017: 0.32 per 1,0002018: 0.34 per 1,0002019: 0.38 per 1,0002020: 0.38 per 1,0002021: 0.5 per 1,0002022: 0.8 per 1,0002023: 0.97 per 1,0002024: 0.94 per 1,000
Change over the period: +0.79 (+515.1%) Average annual rate: 10.62 %

Comparison, 2024

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

Indonesia 0.94 per 1,000
World 5.15 per 1,000
East Asia & Pacific 10.73 per 1,000
South-Eastern Asia computed 1.31 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Indonesia, by year Indonesia All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.94 −0.03 −2.85%
2023 0.97 +0.17 +20.73%
2022 0.8 +0.31 +61.43%
2021 0.5 +0.12 +31.14%
2020 0.38 +0 +0.29%
2019 0.38 +0.04 +11.66%
2018 0.34 +0.01 +4.5%
2017 0.32 −0 −1.4%
2016 0.33 +0 +0.93%
2015 0.33 −0.01 −2.62%
2014 0.34 +0.04 +11.71%
2013 0.3 +0.02 +5.63%
2012 0.28 +0.02 +7.05%
2011 0.27 +0.03 +13.49%
2010 0.23 +0.05 +26.8%
2009 0.18 −0.06 −25.8%
2008 0.25 +0.09 +55.06%
2007 0.16 +0.01 +4.44%
2006 0.15

South-Eastern 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.