Dataset · World Bank Group
New Business Density
19 years, 2006–2024 · 116 countries · 2 measures
New business density counts the limited liability companies registered in a year for every 1,000 people of working age. Collected by the World Bank straight from business registries, it is the standard comparable measure of how many new formal companies a country creates.
This site holds every year from 2006 to 2024, read from World Bank Group’s own data and stored exactly as published.
New Business Density · the file
- Newest
- New Business Density, 2024
- Held
- 19 years · 2,493 rows
- Licence
- CC BY 4.0
0119 years
Every year
Every year comes from World Bank Group’s 2025 release, recalculated on one method. Each opens the full table for that year; each downloads as a CSV.
| Year | Countries | Change | Read | Download |
|---|---|---|---|---|
| New Business Density, 2024Newest | 116 | −6 | October 3, 2026 | CSV |
| New Business Density, 2023 | 122 | +1 −12 | October 3, 2026 | CSV |
| New Business Density, 2022 | 133 | +3 | October 3, 2026 | CSV |
| New Business Density, 2021 | 130 | +2 −15 | October 3, 2026 | CSV |
| New Business Density, 2020 | 143 | +1 | October 3, 2026 | CSV |
| New Business Density, 2019 | 142 | +1 −10 | October 3, 2026 | CSV |
| New Business Density, 2018 | 151 | +4 −1 | October 3, 2026 | CSV |
| New Business Density, 2017 | 148 | +3 −1 | October 3, 2026 | CSV |
| New Business Density, 2016 | 146 | +3 | October 3, 2026 | CSV |
| New Business Density, 2015 | 143 | +2 −1 | October 3, 2026 | CSV |
| New Business Density, 2014 | 142 | +4 | October 3, 2026 | CSV |
| New Business Density, 2013 | 138 | +8 | October 3, 2026 | CSV |
Show all 19 years
| Year | Countries | Change | Read | Download |
|---|---|---|---|---|
| New Business Density, 2012 | 130 | +4 | October 3, 2026 | CSV |
| New Business Density, 2011 | 126 | +4 −1 | October 3, 2026 | CSV |
| New Business Density, 2010 | 123 | +1 −1 | October 3, 2026 | CSV |
| New Business Density, 2009 | 123 | +5 | October 3, 2026 | CSV |
| New Business Density, 2008 | 118 | +7 | October 3, 2026 | CSV |
| New Business Density, 2007 | 111 | +3 | October 3, 2026 | CSV |
| New Business Density, 2006 | 108 | — | October 3, 2026 | CSV |
Every year in one file, one row per country per year: new-business-density-all-editions-nations-inquiry.csv
025 columns
What’s in the file
Every column, what it holds, how it is stored and what its values look like — what a reader needs before opening the file.
| Column | What it holds | Stored as | Range, 2024 | Distinct | Empty | Spread |
|---|---|---|---|---|---|---|
CountrycountryName | The country’s name, as this file spells it. | Text | — | 116 | 0 | |
ISO Codecountry_codeIdentifier | The ISO 3166-1 alpha-3 code, added by this site. Every table here joins on it. | Text · 3 letters | — | 116 | 0 | |
New limited liability companies per 1,000 people aged 15–64new_business_densityHeadline | The headline figure: New limited liability companies registered per 1,000 people aged 15–64. | Number · up to 17 decimals | 0.020 | 116 | 0 | |
New limited liability companies registerednew_llcsMeasure | The number of new limited liability companies registered in the year, as the business registry reported it to the World Bank. | Number · whole numbers | 42 | 116 | 0 | |
Publisher's note on coveragecoverage_noteLabel | The World Bank’s own footnote where its figure covers only part of the country; empty where it covers the whole country. | Text | — | 2 | 114 |
Profiled from the newest file. Range: the lowest and highest value, with the country holding it when only one does. Spread: countries in ten equal steps from lowest to highest. A higher value is the better result.
03158 countries across every year
Who is covered
How many countries each year holds, continent by continent, who joined and who left, and which places this site covers that the dataset never has.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Africa | 36 | 40 | 41 | 42 | 43 | 43 | 42 | 42 | 39 | 39 | 37 | 37 |
| Americas | 18 | 18 | 18 | 19 | 19 | 21 | 20 | 20 | 16 | 18 | 16 | 14 |
| Asia | 38 | 38 | 38 | 38 | 39 | 39 | 35 | 36 | 32 | 32 | 29 | 27 |
| Europe | 39 | 39 | 39 | 40 | 40 | 39 | 39 | 39 | 38 | 39 | 36 | 34 |
| Oceania | 7 | 7 | 7 | 7 | 7 | 9 | 6 | 6 | 5 | 5 | 4 | 4 |
| All | 138 | 142 | 143 | 146 | 148 | 151 | 142 | 143 | 130 | 133 | 122 | 116 |
The newest 12 of 19 years.
Who joined and who left
- 2024
− Austria
− Belgium
− Bolivia
− Chile
− South Korea
− Maldives
- 2023
+ Israel
− Belarus
− Bhutan
− Canada
− Switzerland
− Egypt
− Iraq
− Sri Lanka
− Nigeria
− Netherlands
− Suriname
− Timor-Leste
− Tuvalu
- 2022
+ Bolivia
+ Netherlands
+ Suriname
- 2021
+ Sri Lanka
+ Somalia
− United Arab Emirates
− Bolivia
− Iran
− Israel
− Lesotho
− Mali
− Mozambique
− Netherlands
− Nepal
− Oman
− Papua New Guinea
− Puerto Rico
− São Tomé and Príncipe
− Suriname
− Trinidad and Tobago
- 2020
+ Iran
- 2019
+ Kuwait
− Afghanistan
− Dominican Republic
− Micronesia
− Kiribati
− Sri Lanka
− Myanmar
− Qatar
− Solomon Islands
− Tajikistan
− Tanzania
- 2018
+ Bolivia
+ Canada
+ Micronesia
+ Papua New Guinea
− Ukraine
- 2017
+ Djibouti
+ Kazakhstan
+ Kenya
− South Sudan
Not in this dataset · 67 places this site covers
World Bank Group gives no figure for these in any year held here. It is the publisher’s choice of scope, and each place’s profile shows what is measured.
04Provenance
Where it comes from
The path from the publisher to this page, and what was checked and changed on the way.
1 · Publisher
World Bank Group
2 · Their file
New Business Density 2024 (Entrepreneurship Database, 2025 release)
3 · Read by this site
October 3, 2026
Imported by a script that parses each figure and writes it down unrounded.4 · Stored as
19 files, one per year
Each downloads as a CSV, or every year together as new-business-density-all-editions-nations-inquiry.csv5 · Used on
Its statistic page, and every profile it measures
Precision
The headline is stored to 17 decimals, as published.
Rounded by this site
Never. Tables on screen may show fewer decimals; the files never do.
Changed by this site
Reshaped into one row per country: regional and income-group totals are left out, only the columns listed are kept, each row gets its ISO 3166 code, and some country names are brought to one spelling. No value is recalculated, rescaled or rounded.
From the World Bank’s Entrepreneurship Database, read from its own workbook rather than the indicator API, which lacks the workbook’s footnotes. Only limited liability companies are counted; sole proprietors and informal businesses are not.
05Reuse
Licence and credit
What the publisher’s licence lets you do, what it asks of you, and a credit line and citation ready to copy.
Licence · checked October 3, 2026
- Share and redistribute it
- Adapt it and build on it
- Use it commercially
- Credit the publisher
- Say what you changed
Share, adapt and use commercially. Credit the publisher and say if you changed anything.
A credit line
Source: World Bank Group, New Business Density, via Nations Inquiry.
Cite this dataset
World Bank Group. New Business Density, 2006–2024 [data set]. As held by Nations Inquiry, https://nationsinquiry.com/datasets/new-business-density
The publisher’s own citation: World Bank. Entrepreneurship Database (2025 release). Washington, DC: World Bank Group.
Plain-language summary, not legal advice. The licence text is what binds.
06Where it is used
Around the site
Where these numbers appear on this site, and the datasets nearest to it.
Charted
New Business Density by countryWho is highest, the map, the spread, who rose and fell, and the records.
Subjects
Near neighbours
- GDP per Capita (PPP)World Bank Group · 36 held · 1990–2025
- Economic Complexity IndexGrowth Lab at Harvard University · 30 held · 1995–2024
- Liner Shipping Connectivity IndexUNCTAD · 21 held · 2006–2026
07Questions
New Business Density: questions and answers
What is the New Business Density?
New business density counts the limited liability companies registered in a year for every 1,000 people of working age. Collected by the World Bank straight from business registries, it is the standard comparable measure of how many new formal companies a country creates.
Which years of the New Business Density can I download?
All 19, from 2006 to 2024, each as a CSV file, or every year together in one CSV.
Does World Bank Group rank countries on it?
No, and this site does not order it either. The files hold values only.
Can I use it commercially?
Yes, under CC BY 4.0, with credit to World Bank Group. The licence text is linked on this page.