New business density — all countries

New business density — Zimbabwe

New business density in Zimbabwe in 2024 — 2.77 per 1,000. Ranked 63 in the world out of 134. Since 2007, the indicator has fallen by 42.5%.

2024 2.77 per 1,000 −3.03% vs 2023
World rank 63of 134
Period maximum 5.56 per 1,0002008
Period minimum 0.5 per 1,0002009

Trend over time

2007–2024 · per 1,000 people aged 15–64

New business density — Zimbabwe, 2007–2024024620072009201120132015201720192021202320242007: 4.82 per 1,0002008: 5.56 per 1,0002009: 0.5 per 1,0002010: 0.7 per 1,0002011: 1.17 per 1,0002012: 1.29 per 1,0002013: 1.32 per 1,0002014: 1.26 per 1,0002015: 1.19 per 1,0002016: 1.05 per 1,0002017: 1.2 per 1,0002018: 2.09 per 1,0002019: 3.04 per 1,0002020: 2.41 per 1,0002021: 2.71 per 1,0002022: 3.1 per 1,0002023: 2.86 per 1,0002024: 2.77 per 1,000
Change over the period: −2.05 (−42.47%) Average annual rate: -3.2 %

Comparison, 2024

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

Zimbabwe 2.77 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 — Zimbabwe, by year Zimbabwe All countries CSV XLSX
Year per 1,000 Change Change, %
2024 2.77 −0.09 −3.03%
2023 2.86 −0.24 −7.75%
2022 3.1 +0.39 +14.34%
2021 2.71 +0.3 +12.56%
2020 2.41 −0.63 −20.79%
2019 3.04 +0.95 +45.74%
2018 2.09 +0.88 +73.08%
2017 1.2 +0.16 +14.98%
2016 1.05 −0.14 −11.76%
2015 1.19 −0.07 −5.65%
2014 1.26 −0.06 −4.41%
2013 1.32 +0.03 +2.05%
2012 1.29 +0.12 +9.95%
2011 1.17 +0.48 +68.03%
2010 0.7 +0.19 +38.52%
2009 0.5 −5.05 −90.93%
2008 5.56 +0.74 +15.37%
2007 4.82

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.