New business density — all countries

New business density — OECD

New business density in the OECD in 2024 — 4.5 per 1,000. Since 2006, the indicator has risen by 62.9%.

2024 4.5 per 1,000 +0.9% vs 2023
World rank
Period maximum 4.5 per 1,0002024
Period minimum 2.54 per 1,0002009

Trend over time

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

New business density — OECD, 2006–20242.533.544.5520062008201020122014201620182020202220242006: 2.76 per 1,0002007: 2.99 per 1,0002008: 2.68 per 1,0002009: 2.54 per 1,0002010: 2.73 per 1,0002011: 2.88 per 1,0002012: 2.94 per 1,0002013: 3.05 per 1,0002014: 3.28 per 1,0002015: 3.43 per 1,0002016: 3.63 per 1,0002017: 3.57 per 1,0002018: 3.78 per 1,0002019: 3.83 per 1,0002020: 3.96 per 1,0002021: 4.5 per 1,0002022: 4.41 per 1,0002023: 4.46 per 1,0002024: 4.5 per 1,000
Change over the period: +1.74 (+62.92%) Average annual rate: 2.75 %

Comparison, 2024

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

OECD 4.5 per 1,000
World 5.15 per 1,000
New business density — OECD, by year OECD All countries CSV XLSX
Year per 1,000 Change Change, %
2024 4.5 +0.04 +0.9%
2023 4.46 +0.05 +1.24%
2022 4.41 −0.09 −2.06%
2021 4.5 +0.54 +13.7%
2020 3.96 +0.13 +3.29%
2019 3.83 +0.05 +1.27%
2018 3.78 +0.21 +5.92%
2017 3.57 −0.06 −1.64%
2016 3.63 +0.2 +5.88%
2015 3.43 +0.15 +4.43%
2014 3.28 +0.23 +7.51%
2013 3.05 +0.12 +4%
2012 2.94 +0.06 +1.96%
2011 2.88 +0.15 +5.6%
2010 2.73 +0.19 +7.5%
2009 2.54 −0.14 −5.23%
2008 2.68 −0.31 −10.37%
2007 2.99 +0.22 +8.12%
2006 2.76

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.