New business density — all countries

New business density — Republic of the Congo

New business density in the Republic of the Congo in 2024 — 0.4 per 1,000. Ranked 122 in the world out of 134. Since 2006, the indicator has risen by 2,221.6%.

2024 0.4 per 1,000 +31.62% vs 2023
World rank 122of 134
Period maximum 0.4 per 1,0002024
Period minimum 0.02 per 1,0002006

Trend over time

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

New business density — Republic of the Congo, 2006–202400.20.40.620062008201020122014201620182020202220242006: 0.02 per 1,0002007: 0.02 per 1,0002008: 0.02 per 1,0002009: 0.02 per 1,0002010: 0.03 per 1,0002011: 0.02 per 1,0002012: 0.02 per 1,0002013: 0.02 per 1,0002014: 0.02 per 1,0002015: 0.12 per 1,0002016: 0.12 per 1,0002017: 0.15 per 1,0002018: 0.12 per 1,0002019: 0.15 per 1,0002020: 0.18 per 1,0002021: 0.26 per 1,0002022: 0.26 per 1,0002023: 0.3 per 1,0002024: 0.4 per 1,000
Change over the period: +0.38 (+2,221.55%) Average annual rate: 19.09 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Republic of the Congo

Republic of the Congo 0.4 per 1,000
World 5.15 per 1,000
Sub-Saharan Africa computed 2.26 per 1,000
Middle Africa computed 0.45 per 1,000
New business density — Republic of the Congo, by year Republic of the Congo All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.4 +0.1 +31.62%
2023 0.3 +0.05 +17.89%
2022 0.26 −0 −1.08%
2021 0.26 +0.08 +42.56%
2020 0.18 +0.04 +24.65%
2019 0.15 +0.03 +26.91%
2018 0.12 −0.03 −23.05%
2017 0.15 +0.03 +28.23%
2016 0.12 −0 −3.54%
2015 0.12 +0.1 +557.04%
2014 0.02 −0.01 −24.17%
2013 0.02 +0 +1.3%
2012 0.02 +0 +13.75%
2011 0.02 −0.01 −21.46%
2010 0.03 +0.01 +38.45%
2009 0.02 +0 +0.01%
2008 0.02 +0 +1.17%
2007 0.02 +0 +11.55%
2006 0.02

Middle Africa, 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.