New business density — all countries

New business density — New Zealand

New business density in New Zealand in 2024 — 16.05 per 1,000. Ranked 13 in the world out of 134. Since 2006, the indicator has fallen by 34.2%.

2024 16.05 per 1,000 −2.36% vs 2023
World rank 13of 134
Period maximum 25.06 per 1,0002007
Period minimum 14.62 per 1,0002011

Trend over time

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

New business density — New Zealand, 2006–2024101520253020062008201020122014201620182020202220242006: 24.38 per 1,0002007: 25.06 per 1,0002008: 18.89 per 1,0002009: 16.94 per 1,0002010: 15.68 per 1,0002011: 14.62 per 1,0002012: 15.16 per 1,0002013: 15.63 per 1,0002014: 16.56 per 1,0002015: 17.33 per 1,0002016: 18.8 per 1,0002017: 18.33 per 1,0002018: 17.54 per 1,0002019: 16.28 per 1,0002020: 17.55 per 1,0002021: 19.47 per 1,0002022: 16.36 per 1,0002023: 16.44 per 1,0002024: 16.05 per 1,000
Change over the period: −8.34 (−34.19%) Average annual rate: -2.3 %

Comparison, 2024

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

New Zealand 16.05 per 1,000
World 5.15 per 1,000
East Asia & Pacific 10.73 per 1,000
Australia and New Zealand computed 17.73 per 1,000
New business density — New Zealand, by year New Zealand All countries CSV XLSX
Year per 1,000 Change Change, %
2024 16.05 −0.39 −2.36%
2023 16.44 +0.07 +0.45%
2022 16.36 −3.11 −15.98%
2021 19.47 +1.92 +10.94%
2020 17.55 +1.27 +7.82%
2019 16.28 −1.26 −7.19%
2018 17.54 −0.79 −4.32%
2017 18.33 −0.46 −2.47%
2016 18.8 +1.47 +8.46%
2015 17.33 +0.78 +4.69%
2014 16.56 +0.93 +5.92%
2013 15.63 +0.47 +3.08%
2012 15.16 +0.54 +3.71%
2011 14.62 −1.06 −6.75%
2010 15.68 −1.26 −7.46%
2009 16.94 −1.95 −10.31%
2008 18.89 −6.17 −24.63%
2007 25.06 +0.68 +2.79%
2006 24.38

Australia and New Zealand, 2024

The same indicator for neighboring countries — with links to their pages

AU Australia 18.06 NZ New Zealand 16.05

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.