New business density — all countries

New business density — Tuvalu

New business density in Tuvalu in 2022 — 1.13 per 1,000. Ranked 107 in the world out of 154. Since 2006, the indicator has risen by 69.5%.

2022 1.13 per 1,000 −40.04% vs 2021
World rank 107of 154
Period maximum 1.88 per 1,0002021
Period minimum 0.31 per 1,0002009

Trend over time

2006–2022 · per 1,000 people aged 15–64

New business density — Tuvalu, 2006–202200.511.522006200820102012201420162018202020222006: 0.67 per 1,0002007: 0.98 per 1,0002008: 0.64 per 1,0002009: 0.31 per 1,0002010: 0.92 per 1,0002011: 0.9 per 1,0002012: 0.44 per 1,0002013: 0.44 per 1,0002014: 1.17 per 1,0002015: 1.6 per 1,0002016: 1.75 per 1,0002017: 0.58 per 1,0002018: 1.04 per 1,0002019: 0.9 per 1,0002020: 0.61 per 1,0002021: 1.88 per 1,0002022: 1.13 per 1,000
Change over the period: +0.46 (+69.47%) Average annual rate: 3.35 %

Comparison, 2022

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

Tuvalu 1.13 per 1,000
World 4.89 per 1,000
East Asia & Pacific 10.61 per 1,000
Upper-middle-income countries computed 9.8 per 1,000
New business density — Tuvalu, by year Tuvalu All countries CSV XLSX
Year per 1,000 Change Change, %
2022 1.13 −0.75 −40.04%
2021 1.88 +1.27 +206.11%
2020 0.61 −0.29 −32.06%
2019 0.9 −0.13 −12.63%
2018 1.04 +0.45 +77.1%
2017 0.58 −1.16 −66.55%
2016 1.75 +0.15 +9.12%
2015 1.6 +0.44 +37.38%
2014 1.17 +0.73 +166.08%
2013 0.44 −0 −0.79%
2012 0.44 −0.46 −50.78%
2011 0.9 −0.02 −1.97%
2010 0.92 +0.6 +193.73%
2009 0.31 −0.33 −51.07%
2008 0.64 −0.34 −34.83%
2007 0.98 +0.31 +46.87%
2006 0.67

Polynesia, 2022

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.