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

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 0.215 in 2020 in Philippines, according to the National Statistical Office. This is 31.7% less than in the previous year.

Historically, new business density in terms of new registrations per 1,000 people aged 15-64 in Philippines reached an all time high of 0.364 in 2017 and an all time low of 0.201 in 2010.

Philippines has been ranked 103rd 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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