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

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 7.47 in 2020 in Georgia, according to the National Statistical Office. This is 20.1% less than in the previous year.

Historically, new business density in terms of new registrations per 1,000 people aged 15-64 in Georgia reached an all time high of 10.4 in 2017 and an all time low of 1.05 in 2004.

Georgia has been ranked 17th 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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