New business density in lower-middle-income countries in 2022 — 0.57 per 1,000. Since 2006, the indicator has risen by 223.9%.
2006–2022 · per 1,000 people aged 15–64
How the value compares with the world and the groups this territory belongs to: Lower-middle-income countries
| Year | per 1,000 | Change | Change, % |
|---|---|---|---|
| 2022 | 0.57 | +0.05 | +10.29% |
| 2021 | 0.52 | +0.05 | +11.27% |
| 2020 | 0.47 | +0.01 | +1.93% |
| 2019 | 0.46 | +0.04 | +8.75% |
| 2018 | 0.42 | +0.02 | +5.41% |
| 2017 | 0.4 | +0.05 | +14.68% |
| 2016 | 0.35 | +0.04 | +12.01% |
| 2015 | 0.31 | +0.02 | +8.42% |
| 2014 | 0.29 | −0.01 | −3.07% |
| 2013 | 0.3 | +0.01 | +1.77% |
| 2012 | 0.29 | +0 | +0.71% |
| 2011 | 0.29 | +0.05 | +20.1% |
| 2010 | 0.24 | +0.03 | +14.11% |
| 2009 | 0.21 | −0.05 | −18.77% |
| 2008 | 0.26 | +0.02 | +8.27% |
| 2007 | 0.24 | +0.06 | +35.46% |
| 2006 | 0.18 | — | — |
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.