New business density — all countries

New business density — Middle East & North Africa

New business density in Middle East & North Africa in 2022 — 0.59 per 1,000. Since 2006, the indicator has risen by 69.3%.

2022 0.59 per 1,000 −3.14% vs 2021
World rank
Period maximum 0.61 per 1,0002018
Period minimum 0.35 per 1,0002006

Trend over time

2006–2022 · per 1,000 people aged 15–64

New business density — Middle East & North Africa, 2006–20220.30.40.50.60.72006200820102012201420162018202020222006: 0.35 per 1,0002007: 0.39 per 1,0002008: 0.41 per 1,0002009: 0.37 per 1,0002010: 0.39 per 1,0002011: 0.41 per 1,0002012: 0.43 per 1,0002013: 0.43 per 1,0002014: 0.45 per 1,0002015: 0.47 per 1,0002016: 0.51 per 1,0002017: 0.54 per 1,0002018: 0.61 per 1,0002019: 0.6 per 1,0002020: 0.58 per 1,0002021: 0.61 per 1,0002022: 0.59 per 1,000
Change over the period: +0.24 (+69.32%) Average annual rate: 3.35 %

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Middle East & North Africa

Middle East & North Africa 0.59 per 1,000
World 4.89 per 1,000
New business density — Middle East & North Africa, by year Middle East & North Africa All countries CSV XLSX
Year per 1,000 Change Change, %
2022 0.59 −0.02 −3.14%
2021 0.61 +0.02 +4.19%
2020 0.58 −0.02 −3.35%
2019 0.6 −0.01 −0.93%
2018 0.61 +0.07 +12.98%
2017 0.54 +0.03 +5.77%
2016 0.51 +0.05 +9.72%
2015 0.47 +0.01 +3.03%
2014 0.45 +0.02 +4.43%
2013 0.43 +0 +1.06%
2012 0.43 +0.02 +5.2%
2011 0.41 +0.02 +4.56%
2010 0.39 +0.02 +5.47%
2009 0.37 −0.04 −9.68%
2008 0.41 +0.01 +3.71%
2007 0.39 +0.05 +13.1%
2006 0.35

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.