New business density — all countries

New business density — Central America

New business density in Central America in 2024 — 1.13 per 1,000. Since 2007, the indicator has risen by 84.9%.

2024 1.13 per 1,000 +2.3% vs 2023
World rank
Period maximum 1.18 per 1,0002018
Period minimum 0.54 per 1,0002012

Trend over time

2007–2024 · per 1,000 people aged 15–64

New business density — Central America, 2007–20240.40.60.811.220072009201120132015201720192021202320242007: 0.61 per 1,0002008: 0.61 per 1,0002009: 0.56 per 1,0002010: 0.57 per 1,0002011: 0.56 per 1,0002012: 0.54 per 1,0002013: 0.96 per 1,0002014: 0.94 per 1,0002015: 0.96 per 1,0002016: 1.02 per 1,0002017: 1.18 per 1,0002018: 1.18 per 1,0002019: 1.12 per 1,0002020: 0.88 per 1,0002021: 1.1 per 1,0002022: 1.05 per 1,0002023: 1.1 per 1,0002024: 1.13 per 1,000
Change over the period: +0.52 (+84.85%) Average annual rate: 3.68 %

Comparison, 2024

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

Central America 1.13 per 1,000
World 5.15 per 1,000
New business density — Central America, by year Central America All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.13 +0.03 +2.3%
2023 1.1 +0.05 +4.69%
2022 1.05 −0.05 −4.34%
2021 1.1 +0.22 +25.1%
2020 0.88 −0.24 −21.25%
2019 1.12 −0.06 −5.37%
2018 1.18 +0 +0.14%
2017 1.18 +0.16 +15.4%
2016 1.02 +0.06 +6.66%
2015 0.96 +0.01 +1.47%
2014 0.94 −0.01 −1.45%
2013 0.96 +0.42 +77.75%
2012 0.54 −0.02 −2.96%
2011 0.56 −0.02 −3.03%
2010 0.57 +0.01 +2.34%
2009 0.56 −0.05 −7.75%
2008 0.61 −0 −0.57%
2007 0.61

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.