New business density in low-income countries in 2020 — 0.37 per 1,000. Since 2014, the indicator has risen by 42.3%.
2014–2020 · per 1,000 people aged 15–64
How the value compares with the world and the groups this territory belongs to: Low-income countries
| Year | per 1,000 | Change | Change, % |
|---|---|---|---|
| 2020 | 0.37 | +0.01 | +2.15% |
| 2019 | 0.36 | +0.06 | +19.99% |
| 2018 | 0.3 | +0.03 | +12.35% |
| 2017 | 0.27 | −0.01 | −3.66% |
| 2016 | 0.28 | +0.02 | +8% |
| 2015 | 0.26 | −0 | −0.65% |
| 2014 | 0.26 | — | — |
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.