Countries with the highest entrepreneurship rates
Cayman Islands has the highest new business density in the world, at 201.01 new businesses per 1,000 adults. These are the global leaders.
| # | Country | Region | New business density |
|---|---|---|---|
| 1 |  Cayman Islands | Latin America & Caribbean | 201.01 |
| 2 |  Isle of Man | Europe & Central Asia | 33.58 |
| 3 |  Hong Kong SAR, China | East Asia & Pacific | 28.85 |
| 4 |  Estonia | Europe & Central Asia | 26.76 |
| 5 |  Turks and Caicos Islands | Latin America & Caribbean | 23.74 |
| 6 |  Cabo Verde | Sub-Saharan Africa | 21.76 |
| 7 |  Virgin Islands (U.S.) | Latin America & Caribbean | 19.96 |
| 8 |  Luxembourg | Europe & Central Asia | 19.61 |
| 9 |  United Kingdom | Europe & Central Asia | 19.19 |
| 10 |  St. Kitts and Nevis | Latin America & Caribbean | 18.72 |
| 11 |  Australia | East Asia & Pacific | 18.06 |
| 12 |  Montenegro | Europe & Central Asia | 17.86 |
| 13 |  New Zealand | East Asia & Pacific | 16.05 |
| 14 |  China | East Asia & Pacific | 15.59 |
| 15 |  Liechtenstein | Europe & Central Asia | 15.57 |
| 16 |  Nauru | East Asia & Pacific | 15.23 |
| 17 |  Croatia | Europe & Central Asia | 15.21 |
| 18 |  Mauritius | Sub-Saharan Africa | 13.98 |
| 19 |  Botswana | Sub-Saharan Africa | 13.33 |
| 20 |  Belize | Latin America & Caribbean | 13.01 |
| 21 |  Sint Maarten (Dutch part) | Latin America & Caribbean | 12.49 |
| 22 |  Singapore | East Asia & Pacific | 11.59 |
| 23 |  South Africa | Sub-Saharan Africa | 11.46 |
| 24 |  Portugal | Europe & Central Asia | 11.00 |
| 25 |  Iceland | Europe & Central Asia | 10.86 |
| 26 |  Bulgaria | Europe & Central Asia | 10.46 |
| 27 |  Chile | Latin America & Caribbean | 9.09 |
| 28 |  Malta | Middle East, North Africa, Afghanistan & Pakistan | 8.47 |
| 29 |  Kosovo | Europe & Central Asia | 8.35 |
| 30 |  Norway | Europe & Central Asia | 8.32 |
New limited-liability company registrations per 1,000 people ages 15 to 64 in a given year. The headline measure of how actively people start formal businesses. Ranked on the most recent year each country reports. Updated 01 July 2026.