Business entry rate (new registrations as % of total) in Australia was reported at 70.11 % in 2007, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Business entry rate (new registrations as % of total) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2020.


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 australia business entry rate new registrations as percent of total wb data


Business entry rate shows the number of new firms, defined as firms registered in the current year of reporting, expressed as a percentage of total registered firms. Data are collected on firm entry and exit and total firms. Because of underreporting of firms that have closed or exited, especially in developing countries, the data on total registered firms may be biased upward.


Australia | World Bank Development Indicators