New business density — all countries

New business density — Southern Europe

New business density in Southern Europe in 2024 — 4.16 per 1,000. Since 2006, the indicator has risen by 11.5%.

2024 4.16 per 1,000 +11.28% vs 2023
World rank
Period maximum 4.16 per 1,0002024
Period minimum 2.49 per 1,0002011

Trend over time

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

New business density — Southern Europe, 2006–202422.533.544.520062008201020122014201620182020202220242006: 3.73 per 1,0002007: 3.79 per 1,0002008: 3.25 per 1,0002009: 2.65 per 1,0002010: 2.67 per 1,0002011: 2.49 per 1,0002012: 2.5 per 1,0002013: 2.93 per 1,0002014: 3 per 1,0002015: 3.11 per 1,0002016: 3.23 per 1,0002017: 3.36 per 1,0002018: 3.52 per 1,0002019: 3.47 per 1,0002020: 2.93 per 1,0002021: 3.54 per 1,0002022: 3.64 per 1,0002023: 3.74 per 1,0002024: 4.16 per 1,000
Change over the period: +0.43 (+11.54%) Average annual rate: 0.61 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Southern Europe

Southern Europe 4.16 per 1,000
World 5.15 per 1,000
New business density — Southern Europe, by year Southern Europe All countries CSV XLSX
Year per 1,000 Change Change, %
2024 4.16 +0.42 +11.28%
2023 3.74 +0.1 +2.72%
2022 3.64 +0.1 +2.78%
2021 3.54 +0.61 +20.8%
2020 2.93 −0.54 −15.6%
2019 3.47 −0.05 −1.45%
2018 3.52 +0.16 +4.8%
2017 3.36 +0.13 +4.16%
2016 3.23 +0.12 +3.95%
2015 3.11 +0.11 +3.64%
2014 3 +0.07 +2.4%
2013 2.93 +0.43 +17.2%
2012 2.5 +0.01 +0.35%
2011 2.49 −0.18 −6.83%
2010 2.67 +0.02 +0.59%
2009 2.65 −0.59 −18.19%
2008 3.25 −0.55 −14.42%
2007 3.79 +0.06 +1.65%
2006 3.73

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.