New business density in Nauru in 2024 — 15.23 per 1,000. Ranked 16 in the world out of 134. Since 2019, the indicator has fallen by 0.5%.
2019–2024 · per 1,000 people aged 15–64
How the value compares with the world and the groups this territory belongs to: Nauru
| Year | per 1,000 | Change | Change, % |
|---|---|---|---|
| 2024 | 15.23 | +12.95 | +568.34% |
| 2023 | 2.28 | +1.28 | +127.53% |
| 2022 | 1 | −0.15 | −12.8% |
| 2021 | 1.15 | −11.47 | −90.9% |
| 2020 | 12.62 | −2.68 | −17.51% |
| 2019 | 15.3 | — | — |
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.
