Global Rankings: New Business Density per 1k (2022)

Rank	Country	Value
1	Cayman Islands	228.69
2	Isle of Man	31.53
3	Estonia	24.32
4	Hong Kong	21.00
5	Liechtenstein	19.41
6	Luxembourg	18.90
7	United Kingdom	18.62
8	Cabo Verde	18.50
9	Australia	17.26
10	New Zealand	16.32
11	Iceland	12.07
12	Singapore	11.32
13	South Africa	11.05
14	Chile	10.82
15	Canada	9.83
16	Bulgaria	9.72
17	Mauritius	9.59
18	Sweden	9.24
19	Romania	9.18
20	Norway	9.17
21	Botswana	8.68
22	Georgia	8.50
23	Malta	7.77
24	Denmark	7.30
25	Mongolia	7.24
26	Portugal	6.95
27	Latvia	6.73
28	Bahrain	6.61
29	Ireland	6.40
30	Armenia	6.35
31	Belgium	6.34
32	Croatia	6.25
33	Finland	6.11
34	Costa Rica	5.80
35	Slovakia	5.48
36	Barbados	5.46
37	Brazil	5.10
38	Peru	4.69
39	North Macedonia	4.56
40	Panama	4.55
41	Hungary	4.32
42	Maldives	4.22
43	Antigua and Barbuda	4.17
44	Belize	4.13
45	Czechia	4.06
46	Netherlands	3.43
47	Dominica	3.30
48	Uruguay	3.13
49	Moldova, Republic of	3.10
50	Korea, Republic of	3.09
51	Spain	3.08
52	Lithuania	2.95
53	Italy	2.85
54	Suriname	2.80
55	Slovenia	2.76
56	Morocco	2.57
57	Serbia	2.53
58	Russian Federation	2.52
59	Türkiye	2.45
60	Timor-Leste	2.37
61	Jamaica	2.34
62	Colombia	2.26
63	Fiji	2.22
64	Azerbaijan	2.19
65	Malaysia	2.19
66	Poland	2.16
67	Greece	2.10
68	Seychelles	1.93
69	Viet Nam	1.82
70	Albania	1.80
71	Tunisia	1.67
72	Zambia	1.56
73	Thailand	1.54
74	Bosnia and Herzegovina	1.48
75	Germany	1.40
76	Ghana	1.32
77	Senegal	1.30
78	Belarus	1.29
79	Angola	1.25
80	Côte d'Ivoire	1.20
81	Sri Lanka	1.20
82	Nigeria	1.16
83	Togo	1.08
84	Tuvalu	1.00
85	Saudi Arabia	0.90
86	Mexico	0.88
87	Benin	0.76
88	Namibia	0.75
89	Comoros	0.70
90	Paraguay	0.70
91	Samoa	0.68
92	Guinea	0.66
93	Algeria	0.63
94	Japan	0.51
95	Tonga	0.49
96	Ethiopia	0.49
97	Honduras	0.48
98	Philippines	0.34
99	Somalia	0.31
100	Egypt	0.27
101	Pakistan	0.19
102	Marshall Islands	0.19
103	India	0.18
104	Iraq	0.12
105	Madagascar	0.11
106	Bhutan	0.07
107	Liberia	0.02

About This Indicator

The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.

Data source: World Bank Development Indicators