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

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 9.99 in 2020 in Singapore, according to the National Statistical Office. This is 2.02% less than in the previous year.

Historically, new business density in terms of new registrations per 1,000 people aged 15-64 in Singapore reached an all time high of 10.2 in 2019 and an all time low of 5.15 in 2004.

Singapore has been ranked 12th 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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