New business density — all countries

New business density — Palestine

New business density in Palestine in 2024 — 0.17 per 1,000. Ranked 126 in the world out of 134. Since 2006, the indicator has fallen by 66.5%.

2024 0.17 per 1,000 +22.94% vs 2023
World rank 126of 134
Period maximum 0.51 per 1,0002006
Period minimum 0.07 per 1,0002022

Trend over time

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

New business density — Palestine, 2006–202400.20.40.620062008201020122014201620182020202220242006: 0.51 per 1,0002007: 0.32 per 1,0002008: 0.34 per 1,0002009: 0.41 per 1,0002010: 0.38 per 1,0002011: 0.32 per 1,0002012: 0.23 per 1,0002013: 0.28 per 1,0002014: 0.36 per 1,0002015: 0.35 per 1,0002016: 0.39 per 1,0002017: 0.42 per 1,0002018: 0.36 per 1,0002019: 0.34 per 1,0002020: 0.34 per 1,0002021: 0.42 per 1,0002022: 0.07 per 1,0002023: 0.14 per 1,0002024: 0.17 per 1,000
Change over the period: −0.34 (−66.49%) Average annual rate: -5.89 %

Comparison, 2024

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

Palestine 0.17 per 1,000
World 5.15 per 1,000
Western Asia computed 2.86 per 1,000
New business density — Palestine, by year Palestine All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.17 +0.03 +22.94%
2023 0.14 +0.07 +99.82%
2022 0.07 −0.35 −83.28%
2021 0.42 +0.07 +21.38%
2020 0.34 +0.01 +2.07%
2019 0.34 −0.02 −6.83%
2018 0.36 −0.06 −13.9%
2017 0.42 +0.03 +8.65%
2016 0.39 +0.04 +10.81%
2015 0.35 −0.01 −2.74%
2014 0.36 +0.08 +28.92%
2013 0.28 +0.04 +18.15%
2012 0.23 −0.09 −27.25%
2011 0.32 −0.06 −15.22%
2010 0.38 −0.03 −8.34%
2009 0.41 +0.08 +22.2%
2008 0.34 +0.02 +6.88%
2007 0.32 −0.19 −37.67%
2006 0.51

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.