New business density — all countries

New business density — Mexico

New business density in Mexico in 2024 — 0.95 per 1,000. Ranked 103 in the world out of 134. Since 2006, the indicator has risen by 74.8%.

2024 0.95 per 1,000 −2.82% vs 2023
World rank 103of 134
Period maximum 1.02 per 1,0002018
Period minimum 0.55 per 1,0002006

Trend over time

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

New business density — Mexico, 2006–20240.40.60.811.220062008201020122014201620182020202220242006: 0.55 per 1,0002007: 0.62 per 1,0002008: 0.61 per 1,0002009: 0.56 per 1,0002010: 0.57 per 1,0002011: 0.55 per 1,0002012: 0.55 per 1,0002013: 0.62 per 1,0002014: 0.6 per 1,0002015: 0.63 per 1,0002016: 0.72 per 1,0002017: 1.02 per 1,0002018: 1.02 per 1,0002019: 0.96 per 1,0002020: 0.76 per 1,0002021: 0.9 per 1,0002022: 0.82 per 1,0002023: 0.98 per 1,0002024: 0.95 per 1,000
Change over the period: +0.41 (+74.76%) Average annual rate: 3.15 %

Comparison, 2024

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

Mexico 0.95 per 1,000
World 5.15 per 1,000
Latin America & Caribbean 3.68 per 1,000
Central America computed 1.13 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Mexico, by year Mexico All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.95 −0.03 −2.82%
2023 0.98 +0.16 +19.38%
2022 0.82 −0.08 −8.46%
2021 0.9 +0.14 +18.02%
2020 0.76 −0.2 −20.88%
2019 0.96 −0.06 −5.63%
2018 1.02 +0 +0.25%
2017 1.02 +0.3 +41.6%
2016 0.72 +0.09 +13.8%
2015 0.63 +0.03 +4.51%
2014 0.6 −0.01 −1.88%
2013 0.62 +0.06 +11.39%
2012 0.55 −0 −0.24%
2011 0.55 −0.02 −3.41%
2010 0.57 +0.01 +2.67%
2009 0.56 −0.05 −8.64%
2008 0.61 −0 −0.75%
2007 0.62 +0.07 +12.83%
2006 0.55

Central America, 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.