New business density — all countries

New business density — Paraguay

New business density in Paraguay in 2024 — 1.76 per 1,000. Ranked 84 in the world out of 134. Since 2013, the indicator has risen by 1,791.3%.

2024 1.76 per 1,000 +10.33% vs 2023
World rank 84of 134
Period maximum 1.76 per 1,0002024
Period minimum 0.06 per 1,0002020

Trend over time

2013–2024 · per 1,000 people aged 15–64

New business density — Paraguay, 2013–202400.511.5220132015201720192021202320242013: 0.09 per 1,0002014: 0.13 per 1,0002015: 0.16 per 1,0002016: 0.06 per 1,0002017: 0.1 per 1,0002018: 0.14 per 1,0002019: 0.11 per 1,0002020: 0.06 per 1,0002021: 0.68 per 1,0002022: 1.23 per 1,0002023: 1.6 per 1,0002024: 1.76 per 1,000
Change over the period: +1.67 (+1,791.31%) Average annual rate: 30.64 %

Comparison, 2024

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

Paraguay 1.76 per 1,000
World 5.15 per 1,000
Latin America & Caribbean 3.68 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Paraguay, by year Paraguay All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.76 +0.16 +10.33%
2023 1.6 +0.36 +29.29%
2022 1.23 +0.56 +82.07%
2021 0.68 +0.62 +1,107.21%
2020 0.06 −0.06 −49.98%
2019 0.11 −0.02 −17.9%
2018 0.14 +0.04 +35.83%
2017 0.1 +0.04 +67.56%
2016 0.06 −0.1 −63.57%
2015 0.16 +0.04 +31.93%
2014 0.13 +0.03 +34.29%
2013 0.09

South America, 2024

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

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.