New business density — all countries

New business density — Mercosur

New business density in Mercosur in 2024 — 5.5 per 1,000. Since 2006, the indicator has risen by 177.2%.

2024 5.5 per 1,000 +15.11% vs 2023
World rank
Period maximum 5.5 per 1,0002024
Period minimum 1.98 per 1,0002006

Trend over time

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

New business density — Mercosur, 2006–202412345620062008201020122014201620182020202220242006: 1.98 per 1,0002007: 2.18 per 1,0002008: 2.46 per 1,0002009: 2.49 per 1,0002010: 2.61 per 1,0002011: 2.69 per 1,0002012: 2.52 per 1,0002013: 2.47 per 1,0002014: 2.27 per 1,0002015: 2.22 per 1,0002016: 2.17 per 1,0002017: 2.34 per 1,0002018: 2.56 per 1,0002019: 2.97 per 1,0002020: 3.37 per 1,0002021: 4.57 per 1,0002022: 4.53 per 1,0002023: 4.78 per 1,0002024: 5.5 per 1,000
Change over the period: +3.51 (+177.16%) Average annual rate: 5.83 %

Comparison, 2024

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

Mercosur 5.5 per 1,000
World 5.15 per 1,000
New business density — Mercosur, by year Mercosur All countries CSV XLSX
Year per 1,000 Change Change, %
2024 5.5 +0.72 +15.11%
2023 4.78 +0.25 +5.46%
2022 4.53 −0.04 −0.97%
2021 4.57 +1.2 +35.64%
2020 3.37 +0.4 +13.45%
2019 2.97 +0.41 +16.05%
2018 2.56 +0.22 +9.24%
2017 2.34 +0.18 +8.18%
2016 2.17 −0.05 −2.39%
2015 2.22 −0.05 −2.36%
2014 2.27 −0.2 −7.91%
2013 2.47 −0.05 −2.13%
2012 2.52 −0.16 −6.06%
2011 2.69 +0.08 +2.99%
2010 2.61 +0.12 +4.81%
2009 2.49 +0.03 +1.2%
2008 2.46 +0.28 +12.61%
2007 2.18 +0.2 +10.06%
2006 1.98

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.