New business density — all countries

New business density — Maldives

New business density in the Maldives in 2023 — 4.85 per 1,000. Ranked 49 in the world out of 140. Since 2006, the indicator has risen by 7.2%.

2023 4.85 per 1,000 +17.97% vs 2022
World rank 49of 140
Period maximum 4.85 per 1,0002023
Period minimum 2.5 per 1,0002013

Trend over time

2006–2023 · per 1,000 people aged 15–64

New business density — Maldives, 2006–2023234520062008201020122014201620182020202220232006: 4.52 per 1,0002007: 4.75 per 1,0002008: 4.73 per 1,0002009: 3.73 per 1,0002010: 2.99 per 1,0002011: 3.11 per 1,0002012: 2.77 per 1,0002013: 2.5 per 1,0002014: 3.55 per 1,0002015: 3.8 per 1,0002016: 3.86 per 1,0002017: 3.74 per 1,0002018: 3.12 per 1,0002019: 3.54 per 1,0002020: 3.07 per 1,0002021: 3.55 per 1,0002022: 4.11 per 1,0002023: 4.85 per 1,000
Change over the period: +0.33 (+7.25%) Average annual rate: 0.41 %

Comparison, 2023

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

Maldives 4.85 per 1,000
World 6.12 per 1,000
South Asia 0.16 per 1,000
Upper-middle-income countries computed 12.34 per 1,000
New business density — Maldives, by year Maldives All countries CSV XLSX
Year per 1,000 Change Change, %
2023 4.85 +0.74 +17.97%
2022 4.11 +0.56 +15.75%
2021 3.55 +0.48 +15.79%
2020 3.07 −0.47 −13.3%
2019 3.54 +0.42 +13.53%
2018 3.12 −0.62 −16.66%
2017 3.74 −0.12 −3.09%
2016 3.86 +0.06 +1.51%
2015 3.8 +0.25 +7.01%
2014 3.55 +1.05 +42.01%
2013 2.5 −0.27 −9.65%
2012 2.77 −0.34 −11.06%
2011 3.11 +0.12 +3.93%
2010 2.99 −0.73 −19.69%
2009 3.73 −1.01 −21.25%
2008 4.73 −0.02 −0.37%
2007 4.75 +0.23 +5.12%
2006 4.52

Southern Asia, 2023

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.