{ "schema": "einforeigner-worldbank-registrations/v1", "observation_year": 2024, "source": { "publisher": "World Bank, Entrepreneurship Database", "vintage": "ED2025", "url": "https://www.worldbank.org/content/dam/doingBusiness/excel/ED2025%20-%20New%20LLCs.xlsx", "catalog_url": "https://www.worldbank.org/en/programs/entrepreneurship", "workbook_sha256": "96b4fa09c48cd3892b89515d3435df567e288a1ce83939d06a421169c8d861e2", "sheet": "NEW LLCs", "worksheet_xml": "xl/worksheets/sheet1.xml", "retrieved": "2026-11-04" }, "definition": "Newly registered private companies with limited liability in the formal sector, per 1,000 people aged 15–64. Legal forms vary by economy; not specifically US LLCs.", "cohort": { "source_rows_2024": 135, "included_economies": 114, "excluded_marked_rows": 21, "rule": "Keep 2024 rows without any asterisk in the source economy name; exclude all source-marked offshore-list or partial-coverage rows.", "coverage_caution": "No asterisk means no such source marker, not a guarantee of complete or uniform coverage. This available-economy cohort is not representative of all economies." }, "summary": { "calculation": "EINForeigner calculation; one economy one weight; no population weighting", "median_density_per_1000": "2.1873625736622768", "median_denominator_economies": 114, "median_middle_values": [ "2.1525101936030828", "2.2222149537214708" ], "unweighted_mean_density_per_1000": "4.238901398776312366824561403508771929825" }, "examples": [ "Australia", "Brazil", "Colombia", "India", "Mexico", "South Africa", "United Kingdom" ], "not_measured": [ "EIN applications or approvals", "foreign-owned US LLCs", "owner residence or nationality", "IRS processing time", "sales", "informal businesses", "stock of active firms" ], "missing_policy": "Absent observations are unavailable, never zero. United States and Canada have no 2024 row here; not filled with Census BFS.", "update_policy": "Dated snapshot; no automatic refresh. At a new World Bank release, review source notes, period, coverage and all inputs together. Do not splice a trend across changing cohorts.", "source_footnotes": [ { "cell": "A2859", "text": "* This economy is included in the Eurostat List of offshore financial centres." }, { "cell": "A2860", "text": "** Data for Canada only covers Federal Registrations, Quebec, and Nova Scotia. " }, { "cell": "A2861", "text": "*** For China, only the data for Shanghai is included." }, { "cell": "A2862", "text": "**** For the Democratic Republic of Congo, the data only covers Kinshasa, Kongo Central, Upper Katanga,Tshopo, North Kivu, South Kivu, Lualaba, Eastern Kasai, and Central Kasai." } ], "observations": [ { "economy": "Albania", "year": 2024, "adult_population_15_64": 1798066, "new_registrations": 4126, "density_per_1000_source": "2.2946877367126679", "source_row": 30, "source_cells": { "economy": "A30", "population": "B30", "year": "C30", "registrations": "D30", "density": "E30" }, "source_economy_verbatim": "Albania", "exclusion_reason": null }, { "economy": "Algeria", "year": 2024, "adult_population_15_64": 29534577, "new_registrations": 24482, "density_per_1000_source": "0.82892671867282886", "source_row": 49, "source_cells": { "economy": "A49", "population": "B49", "year": "C49", "registrations": "D49", "density": "E49" }, "source_economy_verbatim": "Algeria", "exclusion_reason": null }, { "economy": "Angola", "year": 2024, "adult_population_15_64": 20002446, "new_registrations": 30956, "density_per_1000_source": "1.5476107272080624", "source_row": 68, "source_cells": { "economy": "A68", "population": "B68", "year": "C68", "registrations": "D68", "density": "E68" }, "source_economy_verbatim": "Angola", "exclusion_reason": null }, { "economy": "Argentina", "year": 2024, "adult_population_15_64": 30150350, "new_registrations": 15818, "density_per_1000_source": "0.52463735910196729", "source_row": 106, "source_cells": { "economy": "A106", "population": "B106", "year": "C106", "registrations": "D106", "density": "E106" }, "source_economy_verbatim": "Argentina", "exclusion_reason": null }, { "economy": "Armenia", "year": 2024, "adult_population_15_64": 2034270, "new_registrations": 8381, "density_per_1000_source": "4.119905420617715", "source_row": 125, "source_cells": { "economy": "A125", "population": "B125", "year": "C125", "registrations": "D125", "density": "E125" }, "source_economy_verbatim": "Armenia", "exclusion_reason": null }, { "economy": "Australia", "year": 2024, "adult_population_15_64": 17527551, "new_registrations": 316561, "density_per_1000_source": "18.060766161798647", "source_row": 144, "source_cells": { "economy": "A144", "population": "B144", "year": "C144", "registrations": "D144", "density": "E144" }, "source_economy_verbatim": "Australia", "exclusion_reason": null }, { "economy": "Azerbaijan", "year": 2024, "adult_population_15_64": 7104510, "new_registrations": 14215, "density_per_1000_source": "2.0008417188518282", "source_row": 178, "source_cells": { "economy": "A178", "population": "B178", "year": "C178", "registrations": "D178", "density": "E178" }, "source_economy_verbatim": "Azerbaijan", "exclusion_reason": null }, { "economy": "Bangladesh", "year": 2024, "adult_population_15_64": 113705228, "new_registrations": 7365, "density_per_1000_source": "6.4772747300590267E-2", "source_row": 200, 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