Data for 2024
New Business Density, 2024
2024, as World Bank Group’s 2025 release gives it · stored as published, never rewritten
New Business Density, 2024 covers 116 countries on 2 measures. Estonia is highest, at 26.760; Somalia is lowest, at 0.020. The middle country reads 2.187. Against 2023, 116 values changed (64 up, 52 down), 6 left.
New Business Density · Data for 2024
HighestEstonia
26.760
LowestSomalia
0.020Shaded 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, 2024, as published. The file carries values only, so no position is shown. “=” marks a shared position.
Showing 25 of 116 countries · select a heading to sort
| EstoniaESTNorthern Europe | 26.760 | 23,154 | — |
 Cabo VerdeCPVWestern Africa | 21.757 | 7,719 | — |
 LuxembourgLUXWestern Europe | 19.611 | 9,137 | — |
 United KingdomGBRNorthern Europe | 19.191 | 841,138 | — |
 AustraliaAUSAustralia and New Zealand | 18.061 | 316,561 | — |
 MontenegroMNESouthern Europe | 17.862 | 7,136 | — |
 New ZealandNZLAustralia and New Zealand | 16.048 | 55,417 | — |
 ChinaCHNEastern Asia | 15.590 | 286,640 | For China, only the data for Shanghai is included. |
 CroatiaHRVSouthern Europe | 15.215 | 14,324 | — |
 BotswanaBWASouthern Africa | 13.332 | 21,456 | — |
 South AfricaZAFSouthern Africa | 11.458 | 494,475 | — |
 PortugalPRTSouthern Europe | 10.995 | 73,740 | — |
 IcelandISLNorthern Europe | 10.856 | 2,925 | — |
 BulgariaBGREastern Europe | 10.456 | 42,783 | — |
 MaltaMLTSouthern Europe | 8.469 | 3,247 | — |
 KosovoXKXSouthern Europe | 8.347 | 8,824 | — |
 NorwayNORNorthern Europe | 8.320 | 30,147 | — |
 Côte d’IvoireCIVWestern Africa | 8.284 | 20,143 | — |
 MongoliaMNGEastern Asia | 8.256 | 18,238 | — |
 GeorgiaGEOWestern Asia | 7.615 | 17,783 | — |
 RomaniaROUEastern Europe | 7.474 | 91,649 | — |
 SwedenSWENorthern Europe | 7.084 | 46,622 | — |
 LatviaLVANorthern Europe | 7.021 | 8,218 | — |
 DenmarkDNKNorthern Europe | 6.849 | 25,969 | — |
 FranceFRAWestern Europe | 6.817 | 286,548 | — |
 NamibiaNAMSouthern Africa | 6.738 | 12,117 | — |
 BrazilBRASouth America | 6.667 | 979,211 | — |
 IrelandIRLNorthern Europe | 6.646 | 23,440 | — |
 Costa RicaCRICentral America | 6.312 | 22,333 | — |
 FinlandFINNorthern Europe | 5.971 | 20,690 | — |
 SlovakiaSVKEastern Europe | 5.681 | 20,239 | — |
 Saudi ArabiaSAUWestern Asia | 5.457 | 141,067 | — |
 North MacedoniaMKDSouthern Europe | 5.177 | 6,045 | — |
 PeruPERSouth America | 4.900 | 111,997 | — |
 MoldovaMDAEastern Europe | 4.890 | 7,478 | — |
 EswatiniSWZSouthern Africa | 4.392 | 3,405 | — |
 CzechiaCZEEastern Europe | 4.306 | 29,877 | — |
 ArmeniaARMWestern Asia | 4.120 | 8,381 | — |
 HungaryHUNEastern Europe | 3.835 | 23,691 | — |
 SpainESPSouthern Europe | 3.673 | 118,193 | — |
 KazakhstanKAZCentral Asia | 3.346 | 42,707 | — |
 UruguayURYSouth America | 3.232 | 7,187 | — |
 ItalyITASouthern Europe | 3.089 | 115,689 | — |
 IsraelISRWestern Asia | 2.917 | 17,470 | — |
 GuyanaGUYSouth America | 2.902 | 1,546 | — |
 UzbekistanUZBCentral Asia | 2.793 | 64,020 | — |
 ZimbabweZWEEastern Africa | 2.772 | 25,601 | — |
 RwandaRWAEastern Africa | 2.716 | 22,734 | — |
 FijiFJIMelanesia | 2.699 | 1,665 | — |
 MoroccoMARNorthern Africa | 2.662 | 67,138 | — |
 SloveniaSVNSouthern Europe | 2.625 | 3,545 | — |
 JamaicaJAMCaribbean | 2.599 | 5,393 | — |
 GreeceGRCSouthern Europe | 2.451 | 16,000 | — |
 MalaysiaMYSSouth-eastern Asia | 2.379 | 59,611 | — |
 PolandPOLEastern Europe | 2.377 | 56,520 | — |
 AlbaniaALBSouthern Europe | 2.295 | 4,126 | — |
 RussiaRUSEastern Europe | 2.285 | 214,957 | — |
 ColombiaCOLSouth America | 2.222 | 82,208 | — |
 KyrgyzstanKGZCentral Asia | 2.153 | 9,638 | — |
 KuwaitKWTWestern Asia | 2.136 | 8,357 | — |
 LithuaniaLTUNorthern Europe | 2.132 | 4,011 | — |
 SerbiaSRBSouthern Europe | 2.118 | 8,788 | — |
 CyprusCYPWestern Asia | 2.082 | 14,444 | — |
 AzerbaijanAZEWestern Asia | 2.001 | 14,215 | — |
 VietnamVNMSouth-eastern Asia | 1.999 | 136,757 | — |
 TaiwanTWNEastern Asia | 1.989 | 46,547 | — |
 TürkiyeTURWestern Asia | 1.977 | 115,401 | — |
 TunisiaTUNNorthern Africa | 1.823 | 14,870 | — |
 ParaguayPRYSouth America | 1.761 | 7,915 | — |
 ThailandTHASouth-eastern Asia | 1.749 | 87,596 | — |
 KenyaKENEastern Africa | 1.734 | 58,919 | — |
 Bosnia and HerzegovinaBIHSouthern Europe | 1.645 | 3,369 | — |
 EcuadorECUSouth America | 1.585 | 19,317 | — |
 GabonGABMiddle Africa | 1.573 | 2,373 | — |
 LaosLAOSouth-eastern Asia | 1.569 | 7,941 | — |
 AngolaAGOMiddle Africa | 1.548 | 30,956 | — |
 ZambiaZMBEastern Africa | 1.501 | 18,109 | — |
 GermanyDEUWestern Europe | 1.443 | 75,775 | — |
 GambiaGMBWestern Africa | 1.404 | 2,196 | — |
 GhanaGHAWestern Africa | 1.370 | 28,529 | — |
 SenegalSENWestern Africa | 1.220 | 13,136 | — |
 El SalvadorSLVCentral America | 1.144 | 4,862 | — |
 UgandaUGAEastern Africa | 1.081 | 29,330 | — |
 TogoTGOWestern Africa | 1.040 | 5,665 | — |
 GuatemalaGTMCentral America | 1.018 | 11,909 | — |
 BurundiBDIEastern Africa | 0.980 | 7,263 | — |
 MexicoMEXCentral America | 0.954 | 83,950 | — |
 IndonesiaIDNSouth-eastern Asia | 0.944 | 182,200 | — |
 MauritaniaMRTWestern Africa | 0.833 | 2,329 | — |
 AlgeriaDZANorthern Africa | 0.829 | 24,482 | — |
 Burkina FasoBFAWestern Africa | 0.768 | 10,046 | — |
 ComorosCOMEastern Africa | 0.765 | 387 | — |
 Sierra LeoneSLEWestern Africa | 0.732 | 3,712 | — |
 TongaTONPolynesia | 0.697 | 42 | — |
 BeninBENWestern Africa | 0.690 | 5,522 | — |
 GuineaGINWestern Africa | 0.685 | 5,626 | — |
 DjiboutiDJIEastern Africa | 0.676 | 521 | — |
 JordanJORWestern Asia | 0.669 | 5,009 | — |
 EthiopiaETHEastern Africa | 0.607 | 46,274 | — |
 JapanJPNEastern Asia | 0.576 | 41,946 | — |
 ArgentinaARGSouth America | 0.525 | 15,818 | — |
 BruneiBRNSouth-eastern Asia | 0.469 | 157 | — |
 Guinea-BissauGNBWestern Africa | 0.468 | 598 | — |
 CambodiaKHMSouth-eastern Asia | 0.455 | 5,138 | — |
 Republic of the CongoCOGMiddle Africa | 0.401 | 1,437 | — |
 HondurasHNDCentral America | 0.374 | 2,628 | — |
 PakistanPAKSouthern Asia | 0.202 | 30,004 | — |
 IndiaINDSouthern Asia | 0.175 | 173,712 | — |
 PalestinePSEWestern Asia | 0.171 | 525 | — |
 ChadTCDMiddle Africa | 0.132 | 1,391 | — |
 MadagascarMDGEastern Africa | 0.120 | 2,206 | — |
 DR CongoCODMiddle Africa | 0.110 | 6,095 | For the Democratic Republic of Congo, the data only covers Kinshasa, Kongo Central, Upper Katanga,Tshopo, North Kivu, South Kivu, Lualaba, Eastern Kasai, and Central Kasai. |
 NigerNERWestern Africa | 0.100 | 1,371 | — |
 Central African RepublicCAFMiddle Africa | 0.099 | 258 | — |
 BangladeshBGDSouthern Asia | 0.065 | 7,365 | — |
| SomaliaSOMEastern Africa | 0.020 | 195 | — |
02In 2024
At either end
The 5 countries at each end of the headline, then the highest and lowest on each other measure.
Highest
- Estonia26.760
- Cabo Verde21.757
- Luxembourg19.611
- United Kingdom19.191
- Australia18.061
Lowest
- Somalia0.020
- Bangladesh0.065
- Central African Republic0.099
- Niger0.100
- DR Congo0.110
A higher value is the better result. The middle country reads 2.187. “Shared” marks a value another country also holds.
Each measure’s ends
032023 → 2024
Since 2023
What changed between 2023 and this one: who joined or left, and how far the headline moved.
- +0 / −6countries joined / left
- 116values changed, of 116 in both
- 64 · 52rose · fell
- 0unchanged
Rose most
- Botswana7.892 → 13.332+5.440
- Cabo Verde18.011 → 21.757+3.745
- Portugal7.377 → 10.995+3.618
- Saudi Arabia1.917 → 5.457+3.540
- Estonia24.847 → 26.760+1.913
Fell most
- China20.068 → 15.590−4.478
- Montenegro22.155 → 17.862−4.293
- Ghana2.391 → 1.370−1.021
- United Kingdom20.152 → 19.191−0.961
- Iceland11.807 → 10.856−0.951
− Austria
− Belgium
− Bolivia
− Chile
− South Korea
− MaldivesBoth 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.
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 2024.
Which end is better
A higher value is the better result.
114 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.
- .csv
For a spreadsheet or code
116 rows · 5.9 KB · UTF-8, opens in Excel
Opens with 11 lines of source notes; the table starts on row 13.
Download new-business-density-2024-nations-inquiry.csv - ↗
The publisher’s original
World Bank Group’s own file, on its own site.
ED2025 - New LLCs.xlsx
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 (2024). New Business Density, 2024 [data set], describing 2024. As held by Nations Inquiry, https://nationsinquiry.com/datasets/new-business-density/2024
0619 held
Other years
‹ The year before
New Business Density, 2023122 countries
The year after ›
This is the newest year. A newer one will get its own page at its own address; this one is never rewritten.
All of them
New Business Density: every year19 held, with the data dictionary, coverage and licence.
How it has moved, charted by country
07Questions
New Business Density, 2024: questions and answers
Which country has the highest new business density in New Business Density, 2024?
Estonia, at 26.760, of the 116 countries in the file.
What year does New Business Density, 2024 describe?
2024.
How many countries does New Business Density, 2024 cover?
116.
Where can I download New Business Density, 2024?
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, 2024 the newest?
Yes, as of 2026-10-03, when it was read from the publisher.