New business density — all countries

New business density — El Salvador

New business density in El Salvador in 2024 — 1.14 per 1,000. Ranked 97 in the world out of 134. Since 2006, the indicator has risen by 116.5%.

2024 1.14 per 1,000 +55.19% vs 2023
World rank 97of 134
Period maximum 1.14 per 1,0002024
Period minimum 0.43 per 1,0002020

Trend over time

2006–2024 · per 1,000 people aged 15–64

New business density — El Salvador, 2006–20240.40.60.811.220062008201020122014201620182020202220242006: 0.53 per 1,0002007: 0.57 per 1,0002008: 0.5 per 1,0002009: 0.48 per 1,0002010: 0.5 per 1,0002011: 0.47 per 1,0002012: 0.51 per 1,0002013: 0.51 per 1,0002014: 0.53 per 1,0002015: 0.54 per 1,0002016: 0.55 per 1,0002017: 0.53 per 1,0002018: 0.58 per 1,0002019: 0.64 per 1,0002020: 0.43 per 1,0002021: 0.72 per 1,0002022: 0.73 per 1,0002023: 0.74 per 1,0002024: 1.14 per 1,000
Change over the period: +0.62 (+116.53%) Average annual rate: 4.39 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: El Salvador

El Salvador 1.14 per 1,000
World 5.15 per 1,000
Latin America & Caribbean 3.68 per 1,000
Central America computed 1.13 per 1,000
New business density — El Salvador, by year El Salvador All countries CSV XLSX
Year per 1,000 Change Change, %
2024 1.14 +0.41 +55.19%
2023 0.74 +0.01 +1.69%
2022 0.73 +0.01 +1.37%
2021 0.72 +0.29 +66.74%
2020 0.43 −0.21 −32.99%
2019 0.64 +0.06 +10.77%
2018 0.58 +0.05 +9.02%
2017 0.53 −0.02 −4.11%
2016 0.55 +0.01 +1.66%
2015 0.54 +0.02 +2.89%
2014 0.53 +0.02 +3.26%
2013 0.51 +0.01 +1%
2012 0.51 +0.04 +7.78%
2011 0.47 −0.03 −5.24%
2010 0.5 +0.01 +2.68%
2009 0.48 −0.02 −4.27%
2008 0.5 −0.06 −11.11%
2007 0.57 +0.04 +7.47%
2006 0.53

Central America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of newly registered limited liability companies per 1,000 people of working age (15–64) over a year. It is an indicator of entrepreneurial activity and of the ease of entering a market. Only limited liability companies are counted, so in countries where sole proprietorships dominate the figure is understated.

Important: The aggregate is weighted by the population aged 15–64 — the same denominator that stands in the indicator. Only new limited liability companies are counted, so where other legal forms are common the value is understated.

Source: World Development Indicators (World Bank), license CC BY 4.0.