New business density — all countries

New business density — Mozambique

New business density in Mozambique in 2020 — 0.25 per 1,000. Ranked 150 in the world out of 166. Since 2014, the indicator has risen by 25.5%.

2020 0.25 per 1,000 −19.07% vs 2019
World rank 150of 166
Period maximum 0.3 per 1,0002019
Period minimum 0.2 per 1,0002014

Trend over time

2014–2020 · per 1,000 people aged 15–64

New business density — Mozambique, 2014–20200.150.20.250.30.3520142015201620172018201920202014: 0.2 per 1,0002015: 0.23 per 1,0002016: 0.26 per 1,0002017: 0.24 per 1,0002018: 0.22 per 1,0002019: 0.3 per 1,0002020: 0.25 per 1,000
Change over the period: +0.05 (+25.45%) Average annual rate: 3.85 %

Comparison, 2020

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

Mozambique 0.25 per 1,000
World 4.35 per 1,000
Sub-Saharan Africa 1.68 per 1,000
Eastern Africa computed 0.79 per 1,000
Low-income countries computed 0.37 per 1,000
New business density — Mozambique, by year Mozambique All countries CSV XLSX
Year per 1,000 Change Change, %
2020 0.25 −0.06 −19.07%
2019 0.3 +0.08 +38.08%
2018 0.22 −0.02 −10.02%
2017 0.24 −0.01 −4.55%
2016 0.26 +0.02 +10.39%
2015 0.23 +0.04 +18.42%
2014 0.2

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.