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Entrepreneurship

The data collection for entrepreneurship project was completed in June 2017. To measure entrepreneurial activity, annual data was collected directly from 143 company registrars on the number of newly registered firms. The data can help answer such questions as these:

  • What are the trends in new firm creation across regions and income groups?
  • What is the relationship between entrepreneurship and the business environment and financial development?
  • How much did the financial crisis affect entrepreneurial activity in the formal sector?
  • What is the relationship between gender and entrepreneurship?

Data are provided on new business entry density, defined as the number of newly registered corporations per 1,000 working-age people (those ages 15–64). As in the World Bank’s annual Doing Business report, the units of measurement are private, formal sector companies with limited liability.

* This economy is not covered in the Doing Business report.

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