New business density — all countries

New business density — Kuwait

New business density in Kuwait in 2024 — 2.14 per 1,000. Ranked 76 in the world out of 134. Since 2006, the indicator has risen by 13.3%.

2024 2.14 per 1,000 −6.95% vs 2023
World rank 76of 134
Period maximum 5.55 per 1,0002018
Period minimum 0.4 per 1,0002010

Trend over time

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

New business density — Kuwait, 2006–2024024620062008201020122014201620182020202220242006: 1.88 per 1,0002007: 1.83 per 1,0002008: 1.21 per 1,0002009: 0.41 per 1,0002010: 0.4 per 1,0002011: 0.41 per 1,0002012: 0.42 per 1,0002013: 0.5 per 1,0002014: 0.67 per 1,0002015: 1.16 per 1,0002016: 1.75 per 1,0002017: 3.1 per 1,0002018: 5.55 per 1,0002019: 3.14 per 1,0002020: 1.71 per 1,0002021: 2.21 per 1,0002022: 2.45 per 1,0002023: 2.3 per 1,0002024: 2.14 per 1,000
Change over the period: +0.25 (+13.34%) Average annual rate: 0.7 %

Comparison, 2024

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

Kuwait 2.14 per 1,000
World 5.15 per 1,000
Western Asia computed 2.86 per 1,000
New business density — Kuwait, by year Kuwait All countries CSV XLSX
Year per 1,000 Change Change, %
2024 2.14 −0.16 −6.95%
2023 2.3 −0.15 −6.19%
2022 2.45 +0.24 +10.88%
2021 2.21 +0.49 +28.73%
2020 1.71 −1.42 −45.39%
2019 3.14 −2.42 −43.49%
2018 5.55 +2.45 +79.1%
2017 3.1 +1.35 +77.34%
2016 1.75 +0.59 +50.53%
2015 1.16 +0.5 +74.49%
2014 0.67 +0.17 +34.45%
2013 0.5 +0.08 +17.93%
2012 0.42 +0.01 +3.02%
2011 0.41 +0.01 +1.69%
2010 0.4 −0.01 −1.28%
2009 0.41 −0.8 −66.45%
2008 1.21 −0.62 −33.95%
2007 1.83 −0.05 −2.75%
2006 1.88

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.