New business density — all countries

New business density — Middle Africa

New business density in Middle Africa in 2024 — 0.45 per 1,000. Since 2013, the indicator has risen by 208.1%.

2024 0.45 per 1,000 +5.53% vs 2023
World rank
Period maximum 0.45 per 1,0002024
Period minimum 0.15 per 1,0002013

Trend over time

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

New business density — Middle Africa, 2013–202400.20.40.620132015201720192021202320242013: 0.15 per 1,0002014: 0.2 per 1,0002015: 0.26 per 1,0002016: 0.22 per 1,0002017: 0.29 per 1,0002018: 0.28 per 1,0002019: 0.28 per 1,0002020: 0.2 per 1,0002021: 0.3 per 1,0002022: 0.37 per 1,0002023: 0.43 per 1,0002024: 0.45 per 1,000
Change over the period: +0.31 (+208.11%) Average annual rate: 10.77 %

Comparison, 2024

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

Middle Africa 0.45 per 1,000
World 5.15 per 1,000
New business density — Middle Africa, by year Middle Africa All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.45 +0.02 +5.53%
2023 0.43 +0.05 +14.53%
2022 0.37 +0.07 +23.65%
2021 0.3 +0.1 +51.86%
2020 0.2 −0.08 −27.78%
2019 0.28 −0.01 −2.68%
2018 0.28 −0 −0.81%
2017 0.29 +0.07 +30.3%
2016 0.22 −0.04 −14.68%
2015 0.26 +0.06 +28.97%
2014 0.2 +0.05 +35.81%
2013 0.15

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.