New business density in Eastern Africa in 2024 — 1.1 per 1,000. Since 2014, the indicator has risen by 118.8%.
2014–2024 · per 1,000 people aged 15–64
How the value compares with the world and the groups this territory belongs to: Eastern Africa
| Year | per 1,000 | Change | Change, % |
|---|---|---|---|
| 2024 | 1.1 | +0.01 | +0.71% |
| 2023 | 1.09 | +0.13 | +13.05% |
| 2022 | 0.96 | +0.11 | +12.96% |
| 2021 | 0.85 | +0.06 | +8.1% |
| 2020 | 0.79 | −0.01 | −0.99% |
| 2019 | 0.8 | +0.15 | +22.38% |
| 2018 | 0.65 | +0.06 | +10.31% |
| 2017 | 0.59 | +0.09 | +19.11% |
| 2016 | 0.5 | +0.01 | +1.08% |
| 2015 | 0.49 | −0.01 | −2.19% |
| 2014 | 0.5 | — | — |
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.