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New business density

Tier A· Official

Newly registered limited-liability companies per 1,000 working-age people — a proxy for entrepreneurial activity.

100 = highest new-business density in the dataset, 0 = lowest

Mixed reference years (2009–2024). This metric uses each country's most recent available year, so countries are not all measured in the same year — cross-country comparison is weakened. Each row shows its own reference year.

How this score is built

New business density — newly registered limited-liability firms per 1,000 people aged 15–64 — World Bank Entrepreneurship Database indicator IC.BUS.NDNS.ZS. Direction is higher_better (as a proxy for formal entrepreneurship; it captures only formally-registered companies, not informal enterprise). Normalized with min–max; the raw figure is shown. Most recent available year per country.

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0
100No data

100 = highest new-business density in the dataset, 0 = lowest

Full ranking

182 countries with data. Rank 1 = best. Click a column to sort; click a country for its full provenance.

Rank ↑CountryScoreRaw value
1stCayman IslandsCYM
100100
201.005 new firms per 1,000 aged 15–64
2ndIsle of ManIMN
16.717
33.5838 new firms per 1,000 aged 15–64
3rdHong KongHKG
14.3414
28.8491 new firms per 1,000 aged 15–64
4thEstoniaEST
13.313
26.7601 new firms per 1,000 aged 15–64
5thTurks and Caicos IslandsTCA
11.812
23.7433 new firms per 1,000 aged 15–64
6thCape VerdeCPV
10.8111
21.7567 new firms per 1,000 aged 15–64
7thUnited States Virgin IslandsVIR
9.9210
19.9606 new firms per 1,000 aged 15–64
8thLuxembourgLUX
9.7510
19.6113 new firms per 1,000 aged 15–64
9thUnited KingdomGBR
9.5410
19.1907 new firms per 1,000 aged 15–64
10thSaint Kitts and NevisKNA
9.39
18.7213 new firms per 1,000 aged 15–64
11thAustraliaAUS
8.989
18.0608 new firms per 1,000 aged 15–64
12thMontenegroMNE
8.889
17.862 new firms per 1,000 aged 15–64
13thNew ZealandNZL
7.978
16.0478 new firms per 1,000 aged 15–64
14thChinaCHN
7.758
15.5905 new firms per 1,000 aged 15–64
15thLiechtensteinLIE
7.748
15.5742 new firms per 1,000 aged 15–64
16thNauruNRU
7.578
15.2263 new firms per 1,000 aged 15–64
17thCroatiaHRV
7.568
15.2149 new firms per 1,000 aged 15–64
18thMauritiusMUS
6.947
13.9751 new firms per 1,000 aged 15–64
19thBotswanaBWA
6.627
13.332 new firms per 1,000 aged 15–64
20thBelizeBLZ
6.466
13.0053 new firms per 1,000 aged 15–64
21stSint MaartenSXM
6.216
12.492 new firms per 1,000 aged 15–64
22ndSingaporeSGP
5.766
11.5927 new firms per 1,000 aged 15–64
23rdSouth AfricaZAF
5.696
11.4575 new firms per 1,000 aged 15–64
24thPortugalPRT
5.465
10.9953 new firms per 1,000 aged 15–64
25thIcelandISL
5.395
10.856 new firms per 1,000 aged 15–64
26thBulgariaBGR
5.195
10.4556 new firms per 1,000 aged 15–64
27thChileCHL
4.515
9.08967 new firms per 1,000 aged 15–64
28thMaltaMLT
4.24
8.46859 new firms per 1,000 aged 15–64
29thNorwayNOR
4.134
8.32003 new firms per 1,000 aged 15–64
30thIvory CoastCIV
4.114
8.28426 new firms per 1,000 aged 15–64
31stMongoliaMNG
4.14
8.25641 new firms per 1,000 aged 15–64
32ndBarbadosBRB
4.034
8.11156 new firms per 1,000 aged 15–64
33rdGeorgiaGEO
3.784
7.6151 new firms per 1,000 aged 15–64
34thRomaniaROU
3.714
7.47411 new firms per 1,000 aged 15–64
35thSwedenSWE
3.514
7.08381 new firms per 1,000 aged 15–64
36thLatviaLVA
3.483
7.02057 new firms per 1,000 aged 15–64
37thDenmarkDNK
3.43
6.84898 new firms per 1,000 aged 15–64
38thFranceFRA
3.383
6.81708 new firms per 1,000 aged 15–64
39thQatarQAT
3.363
6.76566 new firms per 1,000 aged 15–64
40thNamibiaNAM
3.343
6.73803 new firms per 1,000 aged 15–64
41stBrazilBRA
3.313
6.66653 new firms per 1,000 aged 15–64
42ndIrelandIRL
3.33
6.64608 new firms per 1,000 aged 15–64
43rdCosta RicaCRI
3.133
6.31164 new firms per 1,000 aged 15–64
44thBahrainBHR
3.063
6.16208 new firms per 1,000 aged 15–64
45thFinlandFIN
2.963
5.97084 new firms per 1,000 aged 15–64
46thSlovakiaSVK
2.823
5.68132 new firms per 1,000 aged 15–64
47thSaudi ArabiaSAU
2.713
5.45701 new firms per 1,000 aged 15–64
48thPuerto RicoPRI
2.643
5.32737 new firms per 1,000 aged 15–64
49thBelgiumBEL
2.633
5.3082 new firms per 1,000 aged 15–64
50thNorth MacedoniaMKD
2.573
5.17707 new firms per 1,000 aged 15–64
51stCanadaCAN
2.563
5.16645 new firms per 1,000 aged 15–64
52ndPeruPER
2.432
4.89968 new firms per 1,000 aged 15–64
53rdMoldovaMDA
2.422
4.89036 new firms per 1,000 aged 15–64
54thMaldivesMDV
2.42
4.84809 new firms per 1,000 aged 15–64
55thSaint Vincent and the GrenadinesVCT
2.312
4.6578 new firms per 1,000 aged 15–64
56thPanamaPAN
2.242
4.52222 new firms per 1,000 aged 15–64
57thTrinidad and TobagoTTO
2.222
4.48864 new firms per 1,000 aged 15–64
58thEswatiniSWZ
2.172
4.3916 new firms per 1,000 aged 15–64
59thCzechiaCZE
2.132
4.30617 new firms per 1,000 aged 15–64
60thSeychellesSYC
2.112
4.26366 new firms per 1,000 aged 15–64
61stAntigua and BarbudaATG
2.062
4.16477 new firms per 1,000 aged 15–64
62ndArmeniaARM
2.042
4.11991 new firms per 1,000 aged 15–64
63rdHungaryHUN
1.92
3.83488 new firms per 1,000 aged 15–64
64thDominicaDMA
1.852
3.73411 new firms per 1,000 aged 15–64
65thSpainESP
1.822
3.67288 new firms per 1,000 aged 15–64
66thSouth KoreaKOR
1.742
3.51375 new firms per 1,000 aged 15–64
67thNetherlandsNLD
1.692
3.40765 new firms per 1,000 aged 15–64
68thKazakhstanKAZ
1.652
3.34644 new firms per 1,000 aged 15–64
69thUruguayURY
1.62
3.23201 new firms per 1,000 aged 15–64
70thSwitzerlandCHE
1.552
3.12683 new firms per 1,000 aged 15–64
71stItalyITA
1.532
3.08948 new firms per 1,000 aged 15–64
72ndIsraelISR
1.441
2.91729 new firms per 1,000 aged 15–64
73rdGuyanaGUY
1.431
2.90185 new firms per 1,000 aged 15–64
74thUzbekistanUZB
1.381
2.79324 new firms per 1,000 aged 15–64
75thSurinameSUR
1.371
2.77245 new firms per 1,000 aged 15–64
75thZimbabweZWE
1.371
2.77182 new firms per 1,000 aged 15–64
77thGrenadaGRD
1.351
2.73838 new firms per 1,000 aged 15–64
78thRwandaRWA
1.341
2.71597 new firms per 1,000 aged 15–64
79thFijiFJI
1.331
2.699 new firms per 1,000 aged 15–64
80thMoroccoMAR
1.311
2.66203 new firms per 1,000 aged 15–64
81stSloveniaSVN
1.31
2.62498 new firms per 1,000 aged 15–64
82ndJamaicaJAM
1.281
2.59891 new firms per 1,000 aged 15–64
83rdUnited Arab EmiratesARE
1.221
2.47552 new firms per 1,000 aged 15–64
84thGreeceGRC
1.211
2.45083 new firms per 1,000 aged 15–64
85thMalaysiaMYS
1.171
2.37877 new firms per 1,000 aged 15–64
85thPolandPOL
1.171
2.37687 new firms per 1,000 aged 15–64
87thTimor-LesteTLS
1.151
2.33534 new firms per 1,000 aged 15–64
88thAlbaniaALB
1.131
2.29469 new firms per 1,000 aged 15–64
88thRussiaRUS
1.131
2.28488 new firms per 1,000 aged 15–64
90thColombiaCOL
1.11
2.22221 new firms per 1,000 aged 15–64
91stSão Tomé and PríncipeSTP
1.081
2.19216 new firms per 1,000 aged 15–64
92ndKyrgyzstanKGZ
1.061
2.15251 new firms per 1,000 aged 15–64
93rdKuwaitKWT
1.051
2.13556 new firms per 1,000 aged 15–64
93rdLithuaniaLTU
1.051
2.13247 new firms per 1,000 aged 15–64
95thSerbiaSRB
1.041
2.11752 new firms per 1,000 aged 15–64
96thCyprusCYP
1.031
2.08182 new firms per 1,000 aged 15–64
97thAzerbaijanAZE
0.991
2.00084 new firms per 1,000 aged 15–64
98thVietnamVNM
0.981
1.99944 new firms per 1,000 aged 15–64
99thTürkiyeTUR
0.971
1.97669 new firms per 1,000 aged 15–64
100thTunisiaTUN
0.91
1.82323 new firms per 1,000 aged 15–64
101stOmanOMN
0.881
1.7865 new firms per 1,000 aged 15–64
102ndParaguayPRY
0.871
1.76075 new firms per 1,000 aged 15–64
103rdThailandTHA
0.861
1.74887 new firms per 1,000 aged 15–64
104thKenyaKEN
0.851
1.73437 new firms per 1,000 aged 15–64
105thBosnia and HerzegovinaBIH
0.811
1.64479 new firms per 1,000 aged 15–64
105thUkraineUKR
0.811
1.64611 new firms per 1,000 aged 15–64
107thEcuadorECU
0.781
1.58504 new firms per 1,000 aged 15–64
107thVanuatuVUT
0.781
1.58357 new firms per 1,000 aged 15–64
109thGabonGAB
0.771
1.57259 new firms per 1,000 aged 15–64
109thLaosLAO
0.771
1.56908 new firms per 1,000 aged 15–64
111thAngolaAGO
0.761
1.54761 new firms per 1,000 aged 15–64
112thZambiaZMB
0.741
1.50115 new firms per 1,000 aged 15–64
113thLesothoLSO
0.721
1.46775 new firms per 1,000 aged 15–64
114thDominican RepublicDOM
0.711
1.44632 new firms per 1,000 aged 15–64
114thGermanyDEU
0.711
1.44269 new firms per 1,000 aged 15–64
116thGambiaGMB
0.691
1.40392 new firms per 1,000 aged 15–64
116thNepalNPL
0.691
1.39847 new firms per 1,000 aged 15–64
118thGhanaGHA
0.671
1.3703 new firms per 1,000 aged 15–64
119thBelarusBLR
0.621
1.27367 new firms per 1,000 aged 15–64
120thSenegalSEN
0.61
1.2199 new firms per 1,000 aged 15–64
121stSri LankaLKA
0.581
1.19309 new firms per 1,000 aged 15–64
122ndEl SalvadorSLV
0.561
1.14415 new firms per 1,000 aged 15–64
123rdTuvaluTUV
0.551
1.12758 new firms per 1,000 aged 15–64
124thNigeriaNGA
0.541
1.11512 new firms per 1,000 aged 15–64
125thSolomon IslandsSLB
0.531
1.09337 new firms per 1,000 aged 15–64
125thUgandaUGA
0.531
1.0806 new firms per 1,000 aged 15–64
127thSaint LuciaLCA
0.521
1.06158 new firms per 1,000 aged 15–64
128thTogoTGO
0.511
1.03974 new firms per 1,000 aged 15–64
129thGuatemalaGTM
0.51
1.01773 new firms per 1,000 aged 15–64
130thAustriaAUT
0.490
0.999608 new firms per 1,000 aged 15–64
131stBurundiBDI
0.480
0.979776 new firms per 1,000 aged 15–64
132ndIndonesiaIDN
0.460
0.943583 new firms per 1,000 aged 15–64
132ndMexicoMEX
0.460
0.954048 new firms per 1,000 aged 15–64
134thAlgeriaDZA
0.40
0.828927 new firms per 1,000 aged 15–64
134thMauritaniaMRT
0.40
0.833395 new firms per 1,000 aged 15–64
136thBurkina FasoBFA
0.370
0.768016 new firms per 1,000 aged 15–64
136thComorosCOM
0.370
0.764571 new firms per 1,000 aged 15–64
138thSamoaWSM
0.350
0.717803 new firms per 1,000 aged 15–64
138thSierra LeoneSLE
0.350
0.732128 new firms per 1,000 aged 15–64
140thTongaTON
0.340
0.696541 new firms per 1,000 aged 15–64
141stBeninBEN
0.330
0.690066 new firms per 1,000 aged 15–64
141stDjiboutiDJI
0.330
0.675647 new firms per 1,000 aged 15–64
141stGuineaGIN
0.330
0.685253 new firms per 1,000 aged 15–64
144thJordanJOR
0.320
0.669005 new firms per 1,000 aged 15–64
144thPapua New GuineaPNG
0.320
0.673116 new firms per 1,000 aged 15–64
146thEthiopiaETH
0.290
0.607176 new firms per 1,000 aged 15–64
146thIranIRN
0.290
0.597395 new firms per 1,000 aged 15–64
148thJapanJPN
0.280
0.575576 new firms per 1,000 aged 15–64
149thArgentinaARG
0.250
0.524637 new firms per 1,000 aged 15–64
150thPhilippinesPHL
0.240
0.507084 new firms per 1,000 aged 15–64
151stBoliviaBOL
0.220
0.471433 new firms per 1,000 aged 15–64
151stBruneiBRN
0.220
0.469246 new firms per 1,000 aged 15–64
151stCambodiaKHM
0.220
0.454833 new firms per 1,000 aged 15–64
151stGuinea-BissauGNB
0.220
0.468185 new firms per 1,000 aged 15–64
155thCongoCOG
0.190
0.40112 new firms per 1,000 aged 15–64
155thMyanmarMMR
0.190
0.393885 new firms per 1,000 aged 15–64
157thHondurasHND
0.180
0.373694 new firms per 1,000 aged 15–64
158thMicronesiaFSM
0.170
0.365813 new firms per 1,000 aged 15–64
159thSouth SudanSSD
0.140
0.303283 new firms per 1,000 aged 15–64
160thEgyptEGY
0.120
0.264833 new firms per 1,000 aged 15–64
160thMaliMLI
0.120
0.25151 new firms per 1,000 aged 15–64
162ndMozambiqueMOZ
0.110
0.245176 new firms per 1,000 aged 15–64
163rdAfghanistanAFG
0.10
0.220836 new firms per 1,000 aged 15–64
164thMarshall IslandsMHL
0.090
0.203625 new firms per 1,000 aged 15–64
164thPakistanPAK
0.090
0.202271 new firms per 1,000 aged 15–64
166thIndiaIND
0.080
0.175472 new firms per 1,000 aged 15–64
166thTanzaniaTZA
0.080
0.17249 new firms per 1,000 aged 15–64
168thPalestinePSE
0.070
0.170798 new firms per 1,000 aged 15–64
169thChadTCD
0.060
0.132199 new firms per 1,000 aged 15–64
169thTajikistanTJK
0.060
0.14721 new firms per 1,000 aged 15–64
171stIraqIRQ
0.050
0.11677 new firms per 1,000 aged 15–64
171stMadagascarMDG
0.050
0.120362 new firms per 1,000 aged 15–64
173rdCentral African RepublicCAF
0.040
0.0990857 new firms per 1,000 aged 15–64
173rdDR CongoCOD
0.040
0.109598 new firms per 1,000 aged 15–64
173rdNigerNER
0.040
0.0998274 new firms per 1,000 aged 15–64
176thBhutanBTN
0.030
0.0714241 new firms per 1,000 aged 15–64
176thMalawiMWI
0.030
0.0859072 new firms per 1,000 aged 15–64
178thBangladeshBGD
0.020
0.0647727 new firms per 1,000 aged 15–64
178thHaitiHTI
0.020
0.0652886 new firms per 1,000 aged 15–64
178thLiberiaLBR
0.020
0.0520478 new firms per 1,000 aged 15–64
181stKiribatiKIR
00
0.0268147 new firms per 1,000 aged 15–64
181stSomaliaSOM
00
0.0201873 new firms per 1,000 aged 15–64
New business density — country ranking · WorldScore