New business density — all countries

New business density — Australia and New Zealand

New business density in Australia and New Zealand in 2024 — 17.73 per 1,000. Since 2006, the indicator has risen by 45.7%.

2024 17.73 per 1,000 +6.82% vs 2023
World rank
Period maximum 18.19 per 1,0002021
Period minimum 11.11 per 1,0002009

Trend over time

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

New business density — Australia and New Zealand, 2006–202410121416182020062008201020122014201620182020202220242006: 12.17 per 1,0002007: 13.51 per 1,0002008: 11.37 per 1,0002009: 11.11 per 1,0002010: 11.53 per 1,0002011: 11.67 per 1,0002012: 12.59 per 1,0002013: 13.49 per 1,0002014: 14.62 per 1,0002015: 15.62 per 1,0002016: 15.81 per 1,0002017: 15.88 per 1,0002018: 14.91 per 1,0002019: 13.94 per 1,0002020: 14.72 per 1,0002021: 18.19 per 1,0002022: 16.16 per 1,0002023: 16.6 per 1,0002024: 17.73 per 1,000
Change over the period: +5.56 (+45.74%) Average annual rate: 2.11 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Australia and New Zealand

Australia and New Zealand 17.73 per 1,000
World 5.15 per 1,000
New business density — Australia and New Zealand, by year Australia and New Zealand All countries CSV XLSX
Year per 1,000 Change Change, %
2024 17.73 +1.13 +6.82%
2023 16.6 +0.44 +2.69%
2022 16.16 −2.03 −11.14%
2021 18.19 +3.47 +23.56%
2020 14.72 +0.78 +5.59%
2019 13.94 −0.97 −6.48%
2018 14.91 −0.97 −6.1%
2017 15.88 +0.06 +0.4%
2016 15.81 +0.2 +1.26%
2015 15.62 +1 +6.84%
2014 14.62 +1.13 +8.37%
2013 13.49 +0.9 +7.13%
2012 12.59 +0.92 +7.88%
2011 11.67 +0.14 +1.24%
2010 11.53 +0.42 +3.8%
2009 11.11 −0.26 −2.32%
2008 11.37 −2.14 −15.86%
2007 13.51 +1.34 +11.05%
2006 12.17

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.