New business density — all countries

New business density — Oman

New business density in Oman in 2020 — 1.79 per 1,000. Ranked 90 in the world out of 166. Since 2006, the indicator has risen by 18.7%.

2020 1.79 per 1,000 −7.42% vs 2019
World rank 90of 166
Period maximum 2.42 per 1,0002008
Period minimum 1.17 per 1,0002014

Trend over time

2006–2020 · per 1,000 people aged 15–64

New business density — Oman, 2006–202011.522.5200620082010201220142016201820202006: 1.5 per 1,0002007: 2.2 per 1,0002008: 2.42 per 1,0002009: 1.97 per 1,0002010: 1.99 per 1,0002011: 2.31 per 1,0002012: 1.92 per 1,0002013: 1.55 per 1,0002014: 1.17 per 1,0002015: 2.13 per 1,0002016: 2.32 per 1,0002017: 1.7 per 1,0002018: 1.58 per 1,0002019: 1.93 per 1,0002020: 1.79 per 1,000
Change over the period: +0.28 (+18.73%) Average annual rate: 1.23 %

Comparison, 2020

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

Oman 1.79 per 1,000
World 4.35 per 1,000
Western Asia computed 1.47 per 1,000
High-income countries computed 4.51 per 1,000
New business density — Oman, by year Oman All countries CSV XLSX
Year per 1,000 Change Change, %
2020 1.79 −0.14 −7.42%
2019 1.93 +0.35 +21.89%
2018 1.58 −0.12 −7.02%
2017 1.7 −0.62 −26.55%
2016 2.32 +0.18 +8.59%
2015 2.13 +0.96 +81.83%
2014 1.17 −0.37 −24.19%
2013 1.55 −0.37 −19.49%
2012 1.92 −0.39 −16.84%
2011 2.31 +0.32 +16.28%
2010 1.99 +0.02 +0.98%
2009 1.97 −0.45 −18.65%
2008 2.42 +0.22 +10.09%
2007 2.2 +0.69 +46.17%
2006 1.5

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.