New business density — all countries

New business density — Ireland

New business density in Ireland in 2024 — 6.65 per 1,000. Ranked 40 in the world out of 134. Since 2006, the indicator has risen by 2.4%.

2024 6.65 per 1,000 +4.16% vs 2023
World rank 40of 134
Period maximum 7.57 per 1,0002021
Period minimum 4.25 per 1,0002009

Trend over time

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

New business density — Ireland, 2006–20244567820062008201020122014201620182020202220242006: 6.49 per 1,0002007: 6.11 per 1,0002008: 4.73 per 1,0002009: 4.25 per 1,0002010: 4.48 per 1,0002011: 4.67 per 1,0002012: 4.51 per 1,0002013: 5.02 per 1,0002014: 5.73 per 1,0002015: 6.23 per 1,0002016: 6.66 per 1,0002017: 6.99 per 1,0002018: 6.94 per 1,0002019: 6.94 per 1,0002020: 6.58 per 1,0002021: 7.57 per 1,0002022: 6.24 per 1,0002023: 6.38 per 1,0002024: 6.65 per 1,000
Change over the period: +0.15 (+2.36%) Average annual rate: 0.13 %

Comparison, 2024

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

Ireland 6.65 per 1,000
World 5.15 per 1,000
Europe & Central Asia 4.89 per 1,000
Northern Europe computed 14.89 per 1,000
New business density — Ireland, by year Ireland All countries CSV XLSX
Year per 1,000 Change Change, %
2024 6.65 +0.27 +4.16%
2023 6.38 +0.14 +2.27%
2022 6.24 −1.33 −17.6%
2021 7.57 +0.99 +15%
2020 6.58 −0.35 −5.11%
2019 6.94 −0 −0.05%
2018 6.94 −0.04 −0.63%
2017 6.99 +0.33 +4.92%
2016 6.66 +0.43 +6.87%
2015 6.23 +0.5 +8.76%
2014 5.73 +0.71 +14.14%
2013 5.02 +0.51 +11.32%
2012 4.51 −0.16 −3.52%
2011 4.67 +0.19 +4.32%
2010 4.48 +0.23 +5.35%
2009 4.25 −0.48 −10.13%
2008 4.73 −1.38 −22.59%
2007 6.11 −0.38 −5.89%
2006 6.49

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.