New business density — all countries

New business density — United Arab Emirates

New business density in the United Arab Emirates in 2020 — 2.48 per 1,000. Ranked 73 in the world out of 166. Since 2006, the indicator has risen by 30.4%.

2020 2.48 per 1,000 −15.32% vs 2019
World rank 73of 166
Period maximum 2.92 per 1,0002019
Period minimum 1.27 per 1,0002009

Trend over time

2006–2020 · per 1,000 people aged 15–64

New business density — United Arab Emirates, 2006–202011.522.53200620082010201220142016201820202006: 1.9 per 1,0002007: 1.92 per 1,0002008: 1.77 per 1,0002009: 1.27 per 1,0002010: 1.54 per 1,0002011: 1.66 per 1,0002012: 1.88 per 1,0002013: 2.03 per 1,0002014: 2.38 per 1,0002015: 2.39 per 1,0002016: 2.29 per 1,0002017: 2.16 per 1,0002018: 2.34 per 1,0002019: 2.92 per 1,0002020: 2.48 per 1,000
Change over the period: +0.58 (+30.43%) Average annual rate: 1.92 %

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: United Arab Emirates

United Arab Emirates 2.48 per 1,000
World 4.35 per 1,000
Western Asia computed 1.47 per 1,000
High-income countries computed 4.51 per 1,000
New business density — United Arab Emirates, by year United Arab Emirates All countries CSV XLSX
Year per 1,000 Change Change, %
2020 2.48 −0.45 −15.32%
2019 2.92 +0.58 +24.79%
2018 2.34 +0.18 +8.46%
2017 2.16 −0.13 −5.79%
2016 2.29 −0.1 −4.23%
2015 2.39 +0.01 +0.59%
2014 2.38 +0.35 +16.97%
2013 2.03 +0.15 +7.99%
2012 1.88 +0.22 +13.44%
2011 1.66 +0.12 +8.09%
2010 1.54 +0.26 +20.84%
2009 1.27 −0.5 −28.04%
2008 1.77 −0.15 −7.96%
2007 1.92 +0.02 +1.13%
2006 1.9

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.