New business density — all countries

New business density — Zambia

New business density in Zambia in 2024 — 1.5 per 1,000. Ranked 92 in the world out of 134. Since 2006, the indicator has risen by 150.2%.

2024 1.5 per 1,000 −2.07% vs 2023
World rank 92of 134
Period maximum 1.54 per 1,0002022
Period minimum 0.6 per 1,0002006

Trend over time

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

New business density — Zambia, 2006–20240.50.7511.251.51.7520062008201020122014201620182020202220242006: 0.6 per 1,0002007: 0.86 per 1,0002008: 0.9 per 1,0002009: 0.74 per 1,0002010: 0.88 per 1,0002011: 1.03 per 1,0002012: 1.13 per 1,0002013: 1.16 per 1,0002014: 1.12 per 1,0002015: 1.05 per 1,0002016: 0.98 per 1,0002017: 1 per 1,0002018: 1.05 per 1,0002019: 0.95 per 1,0002020: 1.03 per 1,0002021: 1.29 per 1,0002022: 1.54 per 1,0002023: 1.53 per 1,0002024: 1.5 per 1,000
Change over the period: +0.9 (+150.23%) Average annual rate: 5.23 %

Comparison, 2024

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

Zambia 1.5 per 1,000
World 5.15 per 1,000
Sub-Saharan Africa computed 2.26 per 1,000
Eastern Africa computed 1.1 per 1,000
New business density — Zambia, by year Zambia All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.5 −0.03 −2.07%
2023 1.53 −0.01 −0.52%
2022 1.54 +0.25 +19.37%
2021 1.29 +0.26 +25.72%
2020 1.03 +0.07 +7.77%
2019 0.95 −0.1 −9.55%
2018 1.05 +0.05 +5.03%
2017 1 +0.02 +2.07%
2016 0.98 −0.07 −6.38%
2015 1.05 −0.07 −6.3%
2014 1.12 −0.04 −3.67%
2013 1.16 +0.03 +2.47%
2012 1.13 +0.1 +9.8%
2011 1.03 +0.16 +17.91%
2010 0.88 +0.14 +18.21%
2009 0.74 −0.16 −17.51%
2008 0.9 +0.04 +4.51%
2007 0.86 +0.26 +43.38%
2006 0.6

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.