New business density — all countries

New business density — Norway

New business density in Norway in 2024 — 8.32 per 1,000. Ranked 28 in the world out of 134. Since 2006, the indicator has fallen by 26.7%.

2024 8.32 per 1,000 −4.83% vs 2023
World rank 28of 134
Period maximum 11.35 per 1,0002006
Period minimum 4.01 per 1,0002009

Trend over time

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

New business density — Norway, 2006–2024468101220062008201020122014201620182020202220242006: 11.35 per 1,0002007: 6.55 per 1,0002008: 5.5 per 1,0002009: 4.01 per 1,0002010: 4.31 per 1,0002011: 4.96 per 1,0002012: 7.73 per 1,0002013: 7.85 per 1,0002014: 7.65 per 1,0002015: 7.83 per 1,0002016: 8.13 per 1,0002017: 8.66 per 1,0002018: 8.64 per 1,0002019: 8.68 per 1,0002020: 9.47 per 1,0002021: 10.64 per 1,0002022: 9.16 per 1,0002023: 8.74 per 1,0002024: 8.32 per 1,000
Change over the period: −3.03 (−26.7%) Average annual rate: -1.71 %

Comparison, 2024

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

Norway 8.32 per 1,000
World 5.15 per 1,000
Europe & Central Asia 4.89 per 1,000
Northern Europe computed 14.89 per 1,000
New business density — Norway, by year Norway All countries CSV XLSX
Year per 1,000 Change Change, %
2024 8.32 −0.42 −4.83%
2023 8.74 −0.42 −4.57%
2022 9.16 −1.48 −13.92%
2021 10.64 +1.18 +12.44%
2020 9.47 +0.78 +9.01%
2019 8.68 +0.04 +0.49%
2018 8.64 −0.02 −0.18%
2017 8.66 +0.53 +6.48%
2016 8.13 +0.3 +3.83%
2015 7.83 +0.18 +2.29%
2014 7.65 −0.2 −2.52%
2013 7.85 +0.12 +1.58%
2012 7.73 +2.77 +55.8%
2011 4.96 +0.65 +15.08%
2010 4.31 +0.3 +7.41%
2009 4.01 −1.49 −27.03%
2008 5.5 −1.05 −16.04%
2007 6.55 −4.8 −42.28%
2006 11.35

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.