New business density — all countries

New business density — Thailand

New business density in Thailand in 2024 — 1.75 per 1,000. Ranked 85 in the world out of 134. Since 2006, the indicator has risen by 75.1%.

2024 1.75 per 1,000 +3.19% vs 2023
World rank 85of 134
Period maximum 1.75 per 1,0002024
Period minimum 0.85 per 1,0002009

Trend over time

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

New business density — Thailand, 2006–20240.7511.251.51.7520062008201020122014201620182020202220242006: 1 per 1,0002007: 0.86 per 1,0002008: 0.89 per 1,0002009: 0.85 per 1,0002010: 1.04 per 1,0002011: 1.12 per 1,0002012: 1.28 per 1,0002013: 1.34 per 1,0002014: 1.18 per 1,0002015: 1.19 per 1,0002016: 1.27 per 1,0002017: 1.47 per 1,0002018: 1.42 per 1,0002019: 1.41 per 1,0002020: 1.25 per 1,0002021: 1.44 per 1,0002022: 1.51 per 1,0002023: 1.69 per 1,0002024: 1.75 per 1,000
Change over the period: +0.75 (+75.11%) Average annual rate: 3.16 %

Comparison, 2024

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

Thailand 1.75 per 1,000
World 5.15 per 1,000
East Asia & Pacific 10.73 per 1,000
South-Eastern Asia computed 1.31 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Thailand, by year Thailand All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.75 +0.05 +3.19%
2023 1.69 +0.18 +12.01%
2022 1.51 +0.07 +5.19%
2021 1.44 +0.19 +15.4%
2020 1.25 −0.16 −11.31%
2019 1.41 −0.01 −0.85%
2018 1.42 −0.05 −3.36%
2017 1.47 +0.2 +15.56%
2016 1.27 +0.08 +6.54%
2015 1.19 +0.01 +0.8%
2014 1.18 −0.16 −12.07%
2013 1.34 +0.06 +4.7%
2012 1.28 +0.16 +14.28%
2011 1.12 +0.08 +8.15%
2010 1.04 +0.19 +21.99%
2009 0.85 −0.04 −4.54%
2008 0.89 +0.03 +3.89%
2007 0.86 −0.14 −14.03%
2006 1

South-Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

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.