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New Business Density (New Registrations Per 1,000 People Aged 15-64) in Australia

Source: World Bank, World Bank
Last Updated: July 1, 2023

New business density in terms of new registrations per 1,000 people aged 15-64 reached 14.3 in 2020 in Australia, according to the National Statistical Office. This is 5.02% more than in the previous year.

Historically, new business density in terms of new registrations per 1,000 people aged 15-64 in Australia reached an all time high of 15.4 in 2017 and an all time low of 8.89 in 2005.

Australia has been ranked 6th within the group of 110 countries we follow in terms of new business density in terms of new registrations per 1,000 people aged 15-64.

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