lapse;"> <thead> <tr> <th class="caption " scope="col">Economy</th><th class="caption " scope="col">Region</th><th class="caption " scope="col">Year</ th><th scope="col">New business density</th><th scope="col">Number of new limite d liability companies</th> </tr> </thead><tbody> <tr> <td class="left">Afghanistan</td><td class="left ">South Asia</td><td class="right">2012</td><td class="right">0.15</td><td class ="right">2,289</td> </tr><tr> <td class="left">Albania</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">0.88</t d><td class="right">1,886</td> </tr><tr> <td class="left">Algeria</td><td class="left">Mi ddle East & North Africa</td><td class="right">2012</td><td class="right">0. 53</td><td class="right">13,938</td> </tr><tr> <td class="left">Argentina</td><td class="left"> Latin America & Caribbean</td><td class="right">2012</td><td class="right">0 .47</td><td class="right">12,385</td> </tr><tr> <td class="left">Armenia</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">1.55</t d><td class="right">3,190</td> </tr><tr> <td class="left">Australia</td><td class="left"> OECD high income</td><td class="right">2012</td><td class="right">12.16</td><td class="right">185,009</td> </tr><tr> <td class="left">Austria</td><td class="left">OE CD high income</td><td class="right">2012</td><td class="right">0.5</td><td clas s="right">2,834</td> </tr><tr> <td class="left">Azerbaijan</td><td class="left" >Europe & Central Asia</td><td class="right">2012</td><td class="right">0.7< /td><td class="right">4,662</td> </tr><tr> <td class="left">Bangladesh</td><td class="left" >South Asia</td><td class="right">2012</td><td class="right">0.09</td><td class= "right">9,193</td> </tr><tr> <td class="left">Belarus</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">1.14</t d><td class="right">7,674</td> </tr><tr> <td class="left">Belgium</td><td class="left">OE CD high income</td><td class="right">2012</td><td class="right">2.48</td><td cla ss="right">18,087</td> </tr><tr> <td class="left">Belize</td><td class="left">Lat in America & Caribbean</td><td class="right">2012</td><td class="right">4.31 </td><td class="right">862</td> </tr><tr>
<td class="left">Bhutan</td><td class="left">Sou
th Asia</td><td class="right">2012</td><td class="right">0.2</td><td class="righ t">100</td> </tr><tr> <td class="left">Bolivia</td><td class="left">La tin America & Caribbean</td><td class="right">2012</td><td class="right">0.5 6</td><td class="right">3,541</td> </tr><tr> <td class="left">Bosnia and Herzegovina</td><td class="left">Europe & Central Asia</td><td class="right">2012</td><td class= "right">0.7</td><td class="right">1,828</td> </tr><tr> <td class="left">Botswana</td><td class="left">S ub-Saharan Africa</td><td class="right">2012</td><td class="right">12.3</td><td class="right">15,447</td> </tr><tr> <td class="left">Brazil</td><td class="left">Lat in America & Caribbean</td><td class="right">2012</td><td class="right">2.17 </td><td class="right">53,876</td> </tr><tr> <td class="left">Bulgaria</td><td class="left">E urope & Central Asia</td><td class="right">2012</td><td class="right">9.03</ td><td class="right">44,537</td> </tr><tr> <td class="left">Burkina Faso</td><td class="lef t">Sub-Saharan Africa</td><td class="right">2012</td><td class="right">0.15</td> <td class="right">1,268</td> </tr><tr> <td class="left">Canada</td><td class="left">OEC D high income</td><td class="right">2012</td><td class="right">1.07</td><td clas s="right">25,723</td> </tr><tr> <td class="left">Chile</td><td class="left">OECD high income</td><td class="right">2012</td><td class="right">5.69</td><td class ="right">68,439</td> </tr><tr> <td class="left">Colombia</td><td class="left">L atin America & Caribbean</td><td class="right">2012</td><td class="right">2< /td><td class="right">62,993</td> </tr><tr> <td class="left">Congo, Dem. Rep.</td><td class= "left">Sub-Saharan Africa</td><td class="right">2012</td><td class="right">0.02< /td><td class="right">819</td> </tr><tr> <td class="left">Cook Islands*</td><td class="le ft">Latin America & Caribbean</td><td class="right">2012</td><td class="righ t">10.18</td><td class="right">77</td> </tr><tr> <td class="left">Costa Rica</td><td class="left" >Latin America & Caribbean</td><td class="right">2012</td><td class="right"> 3.55</td><td class="right">11,800</td> </tr><tr> <td class="left">Croatia</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">2.82</t d><td class="right">8,068</td> </tr><tr> <td class="left">Cyprus</td><td class="left">Eur ope & Central Asia</td><td class="right">2012</td><td class="right">22.51</t d><td class="right">17,999</td> </tr><tr>
<td class="left">Czech Republic</td><td class="l
eft">OECD high income</td><td class="right">2012</td><td class="right">2.96</td> <td class="right">21,571</td> </tr><tr> <td class="left">Denmark</td><td class="left">OE CD high income</td><td class="right">2012</td><td class="right">4.36</td><td cla ss="right">15,806</td> </tr><tr> <td class="left">Dominica</td><td class="left">L atin America & Caribbean</td><td class="right">2009</td><td class="right">3. 3</td><td class="right">158</td> </tr><tr> <td class="left">Dominican Republic</td><td clas s="left">Latin America & Caribbean</td><td class="right">2012</td><td class= "right">1.05</td><td class="right">6,802</td> </tr><tr> <td class="left">El Salvador</td><td class="left ">Latin America & Caribbean</td><td class="right">2012</td><td class="right" >0.48</td><td class="right">1,893</td> </tr><tr> <td class="left">Estonia</td><td class="left">OE CD high income</td><td class="right">2007</td><td class="right">7.92</td><td cla ss="right">7,199</td> </tr><tr> <td class="left">Ethiopia</td><td class="left">S ub-Saharan Africa</td><td class="right">2009</td><td class="right">0.03</td><td class="right">1,327</td> </tr><tr> <td class="left">Finland</td><td class="left">OE CD high income</td><td class="right">2012</td><td class="right">2.32</td><td cla ss="right">8,184</td> </tr><tr> <td class="left">France</td><td class="left">OEC D high income</td><td class="right">2012</td><td class="right">2.88</td><td clas s="right">121,538</td> </tr><tr> <td class="left">Gabon</td><td class="left">SubSaharan Africa</td><td class="right">2009</td><td class="right">4.11</td><td cla ss="right">3,490</td> </tr><tr> <td class="left">Georgia</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">4.86</t d><td class="right">14,943</td> </tr><tr> <td class="left">Germany</td><td class="left">OE CD high income</td><td class="right">2012</td><td class="right">1.29</td><td cla ss="right">69,332</td> </tr><tr> <td class="left">Guatemala</td><td class="left"> Latin America & Caribbean</td><td class="right">2012</td><td class="right">0 .52</td><td class="right">4,306</td> </tr><tr> <td class="left">Guernsey*</td><td class="left"> East Asia & Pacific</td><td class="right">2012</td><td class="right">35.62</ td><td class="right">1,584</td> </tr><tr> <td class="left">Guinea</td><td class="left">Sub -Saharan Africa</td><td class="right">2012</td><td class="right">0.23</td><td cl ass="right">1,409</td> </tr><tr>
<td class="left">Haiti</td><td class="left">Lati
n America & Caribbean</td><td class="right">2012</td><td class="right">0.06< /td><td class="right">383</td> </tr><tr> <td class="left">Hong Kong SAR, China</td><td cl ass="left">East Asia & Pacific</td><td class="right">2012</td><td class="rig ht">28.12</td><td class="right">150,165</td> </tr><tr> <td class="left">Hungary</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">4.75</t d><td class="right">32,311</td> </tr><tr> <td class="left">Iceland</td><td class="left">OE CD high income</td><td class="right">2012</td><td class="right">8.17</td><td cla ss="right">1,745</td> </tr><tr> <td class="left">India</td><td class="left">Sout h Asia</td><td class="right">2012</td><td class="right">0.12</td><td class="righ t">99,587</td> </tr><tr> <td class="left">Indonesia</td><td class="left"> East Asia & Pacific</td><td class="right">2012</td><td class="right">0.29</t d><td class="right">47,549</td> </tr><tr> <td class="left">Iraq</td><td class="left">Middl e East & North Africa</td><td class="right">2012</td><td class="right">0.13< /td><td class="right">2,309</td> </tr><tr> <td class="left">Ireland</td><td class="left">OE CD high income</td><td class="right">2012</td><td class="right">4.5</td><td clas s="right">13,774</td> </tr><tr> <td class="left">Isle of Man*</td><td class="lef t">Europe & Central Asia</td><td class="right">2012</td><td class="right">45 .27</td><td class="right">2,287</td> </tr><tr> <td class="left">Israel</td><td class="left">OEC D high income</td><td class="right">2012</td><td class="right">2.96</td><td clas s="right">14,504</td> </tr><tr> <td class="left">Italy</td><td class="left">OECD high income</td><td class="right">2012</td><td class="right">1.91</td><td class ="right">75,645</td> </tr><tr> <td class="left">Jamaica</td><td class="left">La tin America & Caribbean</td><td class="right">2012</td><td class="right">1.1 1</td><td class="right">1,944</td> </tr><tr> <td class="left">Japan</td><td class="left">OECD high income</td><td class="right">2012</td><td class="right">0.12</td><td class ="right">9,857</td> </tr><tr> <td class="left">Jersey*</td><td class="left">Eu rope & Central Asia</td><td class="right">2009</td><td class="right">37.57</ td><td class="right">2,329</td> </tr><tr> <td class="left">Jordan</td><td class="left">Mid dle East & North Africa</td><td class="right">2012</td><td class="right">0.9 8</td><td class="right">3,868</td> </tr><tr>
<td class="left">Kazakhstan</td><td class="left"
>Europe & Central Asia</td><td class="right">2012</td><td class="right">1.71 </td><td class="right">19,568</td> </tr><tr> <td class="left">Kenya</td><td class="left">SubSaharan Africa</td><td class="right">2008</td><td class="right">0.84</td><td cla ss="right">17,896</td> </tr><tr> <td class="left">Kiribati</td><td class="left">E ast Asia & Pacific</td><td class="right">2011</td><td class="right">0.11</td ><td class="right">7</td> </tr><tr> <td class="left">Korea, Rep.</td><td class="left ">OECD high income</td><td class="right">2012</td><td class="right">2.03</td><td class="right">73,972</td> </tr><tr> <td class="left">Kosovo</td><td class="left">Eur ope & Central Asia</td><td class="right">2012</td><td class="right">1.22</td ><td class="right">1,449</td> </tr><tr> <td class="left">Kyrgyz Republic</td><td class=" left">Europe & Central Asia</td><td class="right">2012</td><td class="right" >0.92</td><td class="right">3,379</td> </tr><tr> <td class="left">Lao PDR</td><td class="left">Ea st Asia & Pacific</td><td class="right">2011</td><td class="right">0.1</td>< td class="right">398</td> </tr><tr> <td class="left">Latvia</td><td class="left">Eur ope & Central Asia</td><td class="right">2012</td><td class="right">11.63</t d><td class="right">15,760</td> </tr><tr> <td class="left">Lesotho</td><td class="left">Su b-Saharan Africa</td><td class="right">2012</td><td class="right">1.49</td><td c lass="right">1,801</td> </tr><tr> <td class="left">Liechtenstein*</td><td class="l eft">Europe & Central Asia</td><td class="right">2009</td><td class="right"> 25.11</td><td class="right">606</td> </tr><tr> <td class="left">Lithuania</td><td class="left"> Europe & Central Asia</td><td class="right">2012</td><td class="right">4.71< /td><td class="right">9,748</td> </tr><tr> <td class="left">Luxembourg</td><td class="left" >OECD high income</td><td class="right">2012</td><td class="right">20.98</td><td class="right">7,632</td> </tr><tr> <td class="left">Macedonia, FYR</td><td class="l eft">Europe & Central Asia</td><td class="right">2012</td><td class="right"> 3.6</td><td class="right">5,394</td> </tr><tr> <td class="left">Madagascar</td><td class="left" >Sub-Saharan Africa</td><td class="right">2012</td><td class="right">0.05</td><t d class="right">630</td> </tr><tr> <td class="left">Malawi</td><td class="left">Sub -Saharan Africa</td><td class="right">2009</td><td class="right">0.08</td><td cl ass="right">619</td> </tr><tr>
<td class="left">Malaysia</td><td class="left">E
ast Asia & Pacific</td><td class="right">2012</td><td class="right">2.28</td ><td class="right">45,441</td> </tr><tr> <td class="left">Maldives</td><td class="left">S outh Asia</td><td class="right">2009</td><td class="right">4.39</td><td class="r ight">904</td> </tr><tr> <td class="left">Malta</td><td class="left">Midd le East & North Africa</td><td class="right">2012</td><td class="right">13.6 1</td><td class="right">3,953</td> </tr><tr> <td class="left">Mauritius</td><td class="left"> Sub-Saharan Africa</td><td class="right">2012</td><td class="right">7.4</td><td class="right">6,825</td> </tr><tr> <td class="left">Mexico</td><td class="left">Lat in America & Caribbean</td><td class="right">2012</td><td class="right">0.88 </td><td class="right">68,666</td> </tr><tr> <td class="left">Moldova</td><td class="left">Eu rope & Central Asia</td><td class="right">2009</td><td class="right">1.63</t d><td class="right">4,180</td> </tr><tr> <td class="left">Montenegro</td><td class="left" >Europe & Central Asia</td><td class="right">2011</td><td class="right">10.6 6</td><td class="right">4,513</td> </tr><tr> <td class="left">Morocco</td><td class="left">Mi ddle East & North Africa</td><td class="right">2009</td><td class="right">1. 26</td><td class="right">26,166</td> </tr><tr> <td class="left">Namibia</td><td class="left">Su b-Saharan Africa</td><td class="right">2012</td><td class="right">0.85</td><td c lass="right">1,157</td> </tr><tr> <td class="left">Nepal</td><td class="left">Sout h Asia</td><td class="right">2012</td><td class="right">0.66</td><td class="righ t">10,742</td> </tr><tr> <td class="left">Netherlands</td><td class="left ">OECD high income</td><td class="right">2012</td><td class="right">4.44</td><td class="right">49,425</td> </tr><tr> <td class="left">Netherlands Antilles*</td><td c lass="left">Latin America & Caribbean</td><td class="right">2009</td><td cla ss="right">7.99</td><td class="right">1,227</td> </tr><tr> <td class="left">New Zealand</td><td class="left ">OECD high income</td><td class="right">2012</td><td class="right">15.07</td><t d class="right">44,169</td> </tr><tr> <td class="left">Nigeria</td><td class="left">Su b-Saharan Africa</td><td class="right">2012</td><td class="right">0.91</td><td c lass="right">81,144</td> </tr><tr> <td class="left">Norway</td><td class="left">OEC D high income</td><td class="right">2012</td><td class="right">7.83</td><td clas s="right">25,870</td> </tr><tr>
<td class="left">Oman</td><td class="left">Middl
e East & North Africa</td><td class="right">2009</td><td class="right">1.74< /td><td class="right">3,165</td> </tr><tr> <td class="left">Pakistan</td><td class="left">S outh Asia</td><td class="right">2012</td><td class="right">0.04</td><td class="r ight">4,162</td> </tr><tr> <td class="left">Panama</td><td class="left">Lat in America & Caribbean</td><td class="right">2012</td><td class="right">14.1 </td><td class="right">34,468</td> </tr><tr> <td class="left">Peru</td><td class="left">Latin America & Caribbean</td><td class="right">2012</td><td class="right">3.83</ td><td class="right">74,145</td> </tr><tr> <td class="left">Philippines</td><td class="left ">East Asia & Pacific</td><td class="right">2012</td><td class="right">0.27< /td><td class="right">16,143</td> </tr><tr> <td class="left">Poland</td><td class="left">OEC D high income</td><td class="right">2009</td><td class="right">0.53</td><td clas s="right">14,434</td> </tr><tr> <td class="left">Portugal</td><td class="left">O ECD high income</td><td class="right">2010</td><td class="right">3.62</td><td cl ass="right">25,757</td> </tr><tr> <td class="left">Qatar</td><td class="left">Midd le East & North Africa</td><td class="right">2012</td><td class="right">1.74 </td><td class="right">3,053</td> </tr><tr> <td class="left">Romania</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">4.12</t d><td class="right">61,542</td> </tr><tr> <td class="left">Russian Federation</td><td clas s="left">Europe & Central Asia</td><td class="right">2012</td><td class="rig ht">4.3</td><td class="right">442,165</td> </tr><tr> <td class="left">Rwanda</td><td class="left">Sub -Saharan Africa</td><td class="right">2012</td><td class="right">1.07</td><td cl ass="right">6,655</td> </tr><tr> <td class="left">Samoa</td><td class="left">East Asia & Pacific</td><td class="right">2012</td><td class="right">1.04</td><t d class="right">112</td> </tr><tr> <td class="left">São Tomé and Prí ncipe</td><td class="left">Sub-Saharan Africa</td><td class="right">2012</td><td class="right">3.75</td><td class="right">388</td> </tr><tr> <td class="left">Senegal</td><td class="left">Su b-Saharan Africa</td><td class="right">2012</td><td class="right">0.27</td><td c lass="right">1,954</td> </tr><tr> <td class="left">Serbia</td><td class="left">Eur ope & Central Asia</td><td class="right">2012</td><td class="right">1.68</td ><td class="right">8,420</td> </tr><tr>
<td class="left">Sierra Leone</td><td class="lef
t">Sub-Saharan Africa</td><td class="right">2012</td><td class="right">0.32</td> <td class="right">1,062</td> </tr><tr> <td class="left">Singapore</td><td class="left"> East Asia & Pacific</td><td class="right">2012</td><td class="right">8.04</t d><td class="right">31,532</td> </tr><tr> <td class="left">Slovak Republic</td><td class=" left">OECD high income</td><td class="right">2012</td><td class="right">5.11</td ><td class="right">19,979</td> </tr><tr> <td class="left">Slovenia</td><td class="left">O ECD high income</td><td class="right">2012</td><td class="right">4.36</td><td cl ass="right">6,174</td> </tr><tr> <td class="left">South Africa</td><td class="lef t">Sub-Saharan Africa</td><td class="right">2012</td><td class="right">6.54</td> <td class="right">217,624</td> </tr><tr> <td class="left">South Sudan</td><td class="left ">Sub-Saharan Africa</td><td class="right">2012</td><td class="right">0.73</td>< td class="right">4,319</td> </tr><tr> <td class="left">Spain</td><td class="left">OECD high income</td><td class="right">2012</td><td class="right">2.71</td><td class ="right">84,399</td> </tr><tr> <td class="left">Sri Lanka</td><td class="left"> South Asia</td><td class="right">2012</td><td class="right">0.51</td><td class=" right">6,975</td> </tr><tr> <td class="left">St. Lucia</td><td class="left"> Latin America & Caribbean</td><td class="right">2011</td><td class="right">3 </td><td class="right">358</td> </tr><tr> <td class="left">St. Vincent and the Grenadines< /td><td class="left">Latin America & Caribbean</td><td class="right">2012</t d><td class="right">1.37</td><td class="right">101</td> </tr><tr> <td class="left">Suriname</td><td class="left">L atin America & Caribbean</td><td class="right">2012</td><td class="right">1. 63</td><td class="right">570</td> </tr><tr> <td class="left">Sweden</td><td class="left">OEC D high income</td><td class="right">2012</td><td class="right">6.41</td><td clas s="right">39,263</td> </tr><tr> <td class="left">Switzerland</td><td class="left ">OECD high income</td><td class="right">2012</td><td class="right">2.53</td><td class="right">13,730</td> </tr><tr> <td class="left">Syrian Arab Republic</td><td cl ass="left">Middle East & North Africa</td><td class="right">2011</td><td cla ss="right">0.04</td><td class="right">598</td> </tr><tr> <td class="left">Tajikistan</td><td class="left" >Europe & Central Asia</td><td class="right">2012</td><td class="right">0.26 </td><td class="right">1,251</td> </tr><tr>
<td class="left">Thailand</td><td class="left">E
ast Asia & Pacific</td><td class="right">2012</td><td class="right">0.86</td ><td class="right">41,210</td> </tr><tr> <td class="left">Timor-Leste</td><td class="left ">East Asia & Pacific</td><td class="right">2012</td><td class="right">2.76< /td><td class="right">1,686</td> </tr><tr> <td class="left">Togo</td><td class="left">Sub-S aharan Africa</td><td class="right">2012</td><td class="right">0.12</td><td clas s="right">451</td> </tr><tr> <td class="left">Tonga</td><td class="left">East Asia & Pacific</td><td class="right">2012</td><td class="right">1.91</td><t d class="right">114</td> </tr><tr> <td class="left">Tunisia</td><td class="left">Mi ddle East & North Africa</td><td class="right">2011</td><td class="right">1. 52</td><td class="right">11,307</td> </tr><tr> <td class="left">Turkey</td><td class="left">Eur ope & Central Asia</td><td class="right">2012</td><td class="right">0.79</td ><td class="right">38,823</td> </tr><tr> <td class="left">Uganda</td><td class="left">Sub -Saharan Africa</td><td class="right">2012</td><td class="right">1.17</td><td cl ass="right">20,800</td> </tr><tr> <td class="left">Ukraine</td><td class="left">Eu rope & Central Asia</td><td class="right">2012</td><td class="right">0.92</t d><td class="right">29,650</td> </tr><tr> <td class="left">United Arab Emirates</td><td cl ass="left">Middle East & North Africa</td><td class="right">2012</td><td cla ss="right">1.38</td><td class="right">10,814</td> </tr><tr> <td class="left">United Kingdom</td><td class="l eft">OECD high income</td><td class="right">2012</td><td class="right">11.04</td ><td class="right">455,600</td> </tr><tr> <td class="left">Uruguay</td><td class="left">La tin America & Caribbean</td><td class="right">2012</td><td class="right">2.9 8</td><td class="right">6,473</td> </tr><tr> <td class="left">Uzbekistan</td><td class="left" >Europe & Central Asia</td><td class="right">2012</td><td class="right">0.64 </td><td class="right">12,801</td> </tr><tr> <td class="left">Vanuatu</td><td class="left">Ea st Asia & Pacific</td><td class="right">2009</td><td class="right">2.34</td> <td class="right">311</td> </tr><tr> <td class="left">Virgin Islands, British*</td><t d class="left">Latin America & Caribbean</td><td class="right">2009</td><td class="right">2,604.76</td><td class="right">47,477</td> </tr><tr> <td class="left">Zambia</td><td class="left">Sub -Saharan Africa</td><td class="right">2012</td><td class="right">1.36</td><td cl ass="right">9,682</td> </tr>