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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.

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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.

2006bar height: countries covered, up to 1512024
Every year of New Business Density held on this site, newest first, with its download files.
YearCountriesChangeReadDownload
New Business Density, 2024Newest116−6October 3, 2026CSV
New Business Density, 2023122+1 −12October 3, 2026CSV
New Business Density, 2022133+3October 3, 2026CSV
New Business Density, 2021130+2 −15October 3, 2026CSV
New Business Density, 2020143+1October 3, 2026CSV
New Business Density, 2019142+1 −10October 3, 2026CSV
New Business Density, 2018151+4 −1October 3, 2026CSV
New Business Density, 2017148+3 −1October 3, 2026CSV
New Business Density, 2016146+3October 3, 2026CSV
New Business Density, 2015143+2 −1October 3, 2026CSV
New Business Density, 2014142+4October 3, 2026CSV
New Business Density, 2013138+8October 3, 2026CSV
Show all 19 years
YearCountriesChangeReadDownload
New Business Density, 2012130+4October 3, 2026CSV
New Business Density, 2011126+4 −1October 3, 2026CSV
New Business Density, 2010123+1 −1October 3, 2026CSV
New Business Density, 2009123+5October 3, 2026CSV
New Business Density, 2008118+7October 3, 2026CSV
New Business Density, 2007111+3October 3, 2026CSV
New Business Density, 2006108—October 3, 2026CSV

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.

Every column in the newest file of New Business Density: what it holds, how it is stored, and its range.
ColumnWhat it holdsStored asRange, 2024DistinctEmptySpread
CountrycountryNameThe country’s name, as this file spells it.Text—1160
ISO Codecountry_codeIdentifierThe ISO 3166-1 alpha-3 code, added by this site. Every table here joins on it.Text · 3 letters—1160
New limited liability companies per 1,000 people aged 15–64new_business_densityHeadlineThe headline figure: New limited liability companies registered per 1,000 people aged 15–64.Number · up to 17 decimals0.020Somalia26.760Estoniamiddle 2.1871160
New limited liability companies registerednew_llcsMeasureThe number of new limited liability companies registered in the year, as the business registry reported it to the World Bank.Number · whole numbers42Tonga979,211Brazilmiddle 15,3441160
Publisher's note on coveragecoverage_noteLabelThe World Bank’s own footnote where its figure covers only part of the country; empty where it covers the whole country.Text—2114

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.

All regions
Countries in each year of New Business Density, by continent.
201320142015201620172018201920202021202220232024
Africa364041424343424239393737
Americas181818191921202016181614
Asia383838383939353632322927
Europe393939404039393938393634
Oceania777779665544
All138142143146148151142143130133122116

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

04Provenance

Where it comes from

The path from the publisher to this page, and what was checked and changed on the way.

The site’s method
  1. 1 · Publisher

    World Bank Group

  2. 2 · Their file

    New Business Density 2024 (Entrepreneurship Database, 2025 release)

  3. 3 · Read by this site

    October 3, 2026

    Imported by a script that parses each figure and writes it down unrounded.
  4. 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.csv
  5. 5 · 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.

Every publisher’s terms

Licence · checked October 3, 2026

CC BY 4.0

  • 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.

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.

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