New business density — all countries

New business density — Türkiye

New business density in Türkiye in 2024 — 1.98 per 1,000. Ranked 82 in the world out of 134. Since 2006, the indicator has risen by 69.2%.

2024 1.98 per 1,000 −10.51% vs 2023
World rank 82of 134
Period maximum 2.46 per 1,0002022
Period minimum 0.84 per 1,0002012

Trend over time

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

New business density — Türkiye, 2006–2024012320062008201020122014201620182020202220242006: 1.17 per 1,0002007: 1.23 per 1,0002008: 1.09 per 1,0002009: 0.97 per 1,0002010: 1.1 per 1,0002011: 1.15 per 1,0002012: 0.84 per 1,0002013: 1.02 per 1,0002014: 1.16 per 1,0002015: 1.26 per 1,0002016: 1.19 per 1,0002017: 1.36 per 1,0002018: 1.54 per 1,0002019: 1.51 per 1,0002020: 1.78 per 1,0002021: 1.94 per 1,0002022: 2.46 per 1,0002023: 2.21 per 1,0002024: 1.98 per 1,000
Change over the period: +0.81 (+69.23%) Average annual rate: 2.97 %

Comparison, 2024

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

Türkiye 1.98 per 1,000
World 5.15 per 1,000
Europe & Central Asia 4.89 per 1,000
Western Asia computed 2.86 per 1,000
Upper-middle-income countries computed 9.96 per 1,000
New business density — Türkiye, by year Türkiye All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.98 −0.23 −10.51%
2023 2.21 −0.25 −10.13%
2022 2.46 +0.52 +27.01%
2021 1.94 +0.15 +8.55%
2020 1.78 +0.27 +18.1%
2019 1.51 −0.03 −2.06%
2018 1.54 +0.18 +13.54%
2017 1.36 +0.17 +13.93%
2016 1.19 −0.07 −5.79%
2015 1.26 +0.11 +9.44%
2014 1.16 +0.14 +13.73%
2013 1.02 +0.18 +21.69%
2012 0.84 −0.31 −27.35%
2011 1.15 +0.05 +4.12%
2010 1.1 +0.14 +13.94%
2009 0.97 −0.12 −10.76%
2008 1.09 −0.14 −11.77%
2007 1.23 +0.06 +5.33%
2006 1.17

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.