New business density — all countries

New business density — Malaysia

New business density in Malaysia in 2024 — 2.38 per 1,000. Ranked 70 in the world out of 134. Since 2006, the indicator has risen by 6.5%.

2024 2.38 per 1,000 +5.76% vs 2023
World rank 70of 134
Period maximum 2.46 per 1,0002014
Period minimum 2.04 per 1,0002020

Trend over time

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

New business density — Malaysia, 2006–202422.22.42.620062008201020122014201620182020202220242006: 2.23 per 1,0002007: 2.45 per 1,0002008: 2.29 per 1,0002009: 2.21 per 1,0002010: 2.3 per 1,0002011: 2.31 per 1,0002012: 2.26 per 1,0002013: 2.32 per 1,0002014: 2.46 per 1,0002015: 2.27 per 1,0002016: 2.14 per 1,0002017: 2.34 per 1,0002018: 2.28 per 1,0002019: 2.21 per 1,0002020: 2.04 per 1,0002021: 2.05 per 1,0002022: 2.14 per 1,0002023: 2.25 per 1,0002024: 2.38 per 1,000
Change over the period: +0.15 (+6.51%) Average annual rate: 0.35 %

Comparison, 2024

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

Malaysia 2.38 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 — Malaysia, by year Malaysia All countries CSV XLSX
Year per 1,000 Change Change, %
2024 2.38 +0.13 +5.76%
2023 2.25 +0.11 +5.25%
2022 2.14 +0.08 +4.03%
2021 2.05 +0.02 +0.86%
2020 2.04 −0.17 −7.7%
2019 2.21 −0.08 −3.34%
2018 2.28 −0.06 −2.56%
2017 2.34 +0.2 +9.58%
2016 2.14 −0.13 −5.83%
2015 2.27 −0.19 −7.63%
2014 2.46 +0.13 +5.76%
2013 2.32 +0.07 +2.93%
2012 2.26 −0.05 −2.21%
2011 2.31 +0.01 +0.61%
2010 2.3 +0.08 +3.67%
2009 2.21 −0.07 −3.28%
2008 2.29 −0.16 −6.65%
2007 2.45 +0.22 +9.78%
2006 2.23

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.