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Data for 2023

New Business Density, 2023

2023, as World Bank Group’s 2025 release gives it · stored as published, never rewritten

New Business Density, 2023 covers 122 countries on 2 measures. Estonia is highest, at 24.847; Somalia is lowest, at 0.033. The middle country reads 2.255. Against 2022, 121 values changed (65 up, 56 down), 1 country joined, 12 left.

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New Business Density · Data for 2023

HighestEstonia

24.847

LowestSomalia

0.033

Shaded by value in five groups of equal size, darkest at the better end. A higher value is the better result.

01Values only

The table

Every country and every column of New Business Density, 2023, as published. The file carries values only, so no position is shown. “=” marks a shared position.

Showing 25 of 122 countries · select a heading to sort

New Business Density, 2023: every country, as published by World Bank Group.
EstoniaESTNorthern Europe24.84721,490—
MontenegroMNESouthern Europe22.1558,869—
United KingdomGBRNorthern Europe20.152874,419—
ChinaCHNEastern Asia20.068368,965For China, only the data for Shanghai is included.
LuxembourgLUXWestern Europe18.6548,587—
Cabo VerdeCPVWestern Africa18.0116,308—
AustraliaAUSAustralia and New Zealand16.631286,290—
New ZealandNZLAustralia and New Zealand16.43555,883—
CroatiaHRVSouthern Europe15.75114,749—
IcelandISLNorthern Europe11.8073,093—
BulgariaBGREastern Europe9.94140,779—
South AfricaZAFSouthern Africa9.688412,780—
ChileCHLSouth America9.090123,159—
NorwayNORNorthern Europe8.74331,347—
Côte d’IvoireCIVWestern Africa8.58720,895—
MaltaMLTSouthern Europe8.5003,150—
RomaniaROUEastern Europe8.13899,839—
GeorgiaGEOWestern Asia8.03819,007—
BotswanaBWASouthern Africa7.89212,479—
SwedenSWENorthern Europe7.54349,445—
PortugalPRTSouthern Europe7.37749,158—
MongoliaMNGEastern Asia7.12815,509—
KosovoXKXSouthern Europe6.9138,033—
DenmarkDNKNorthern Europe6.88326,006—
LatviaLVANorthern Europe6.5907,792—

02In 2023

At either end

The 5 countries at each end of the headline, then the highest and lowest on each other measure.

Highest

  1. Estonia24.847
  2. Montenegro22.155
  3. United Kingdom20.152
  4. China20.068
  5. Luxembourg18.654

Lowest

  1. Somalia0.033
  2. Bangladesh0.067
  3. Niger0.091
  4. Central African Republic0.098
  5. DR Congo0.100

A higher value is the better result. The middle country reads 2.255. “Shared” marks a value another country also holds.

Each measure’s ends

  • New limited liability companies registered

    HighestUnited Kingdom874,419

    LowestTonga32

    Middle country: 15,129

032022 → 2023

Since 2022

What changed between 2022 and this one: who joined or left, and how far the headline moved.

  • +1 / −12countries joined / left
  • 121values changed, of 121 in both
  • 65 · 56rose · fell
  • 0unchanged

Rose most

Fell most

+ Israel− Belarus− Bhutan− Canada− Switzerland− Egypt− Iraq− Sri Lanka− Nigeria− Netherlands− Suriname− Timor-Leste− Tuvalu

Both years come from the same release, so a difference here is a change in the data, not a revision of it. Every country’s full history is charted on the statistic page.

04Caveats

Read before you use

What this edition’s numbers are and are not, worked out from the file itself.

The site’s method

  • One year of the 2025 release

    Every year in this series comes from World Bank Group’s 2025 release, recalculated on one method. It can differ from what was first published for 2023.

  • Which end is better

    A higher value is the better result.

  • 120 empty cells

    An empty cell means the publisher gave no figure. It is never a zero.

05The files

Download and cite

The table as a file, digit for digit, what this site changed, and a citation for this edition.

Licence in full

What this site changed: 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.

Licence: CC BY 4.0. Share, adapt and use commercially. Credit the publisher and say if you changed anything.

Cite this edition

World Bank Group (2023). New Business Density, 2023 [data set], describing 2023. As held by Nations Inquiry, https://nationsinquiry.com/datasets/new-business-density/2023

0619 held

Other years

07Questions

New Business Density, 2023: questions and answers

Which country has the highest new business density in New Business Density, 2023?

Estonia, at 24.847, of the 122 countries in the file.

What year does New Business Density, 2023 describe?

2023.

How many countries does New Business Density, 2023 cover?

122.

Where can I download New Business Density, 2023?

On this page, as a CSV file holding every value exactly as published, or from the publisher’s own site, linked below.

Is New Business Density, 2023 the newest?

No. The newest held here is New Business Density, 2024.

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