New business density — all countries

New business density — Liberia

New business density in Liberia in 2024 — 0.05 per 1,000. Ranked 133 in the world out of 134. Since 2011, the indicator has risen by 642.5%.

2024 0.05 per 1,000 +72.53% vs 2023
World rank 133of 134
Period maximum 0.05 per 1,0002024
Period minimum 0.01 per 1,0002011

Trend over time

2011–2024 · per 1,000 people aged 15–64

New business density — Liberia, 2011–202400.020.040.06201120132015201720192021202320242011: 0.01 per 1,0002012: 0.01 per 1,0002013: 0.01 per 1,0002014: 0.02 per 1,0002015: 0.01 per 1,0002016: 0.01 per 1,0002017: 0.01 per 1,0002018: 0.02 per 1,0002019: 0.02 per 1,0002020: 0.02 per 1,0002021: 0.04 per 1,0002022: 0.02 per 1,0002023: 0.03 per 1,0002024: 0.05 per 1,000
Change over the period: +0.05 (+642.49%) Average annual rate: 16.67 %

Comparison, 2024

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

Liberia 0.05 per 1,000
World 5.15 per 1,000
Sub-Saharan Africa computed 2.26 per 1,000
Western Africa computed 2.11 per 1,000
New business density — Liberia, by year Liberia All countries CSV XLSX
Year per 1,000 Change Change, %
2024 0.05 +0.02 +72.53%
2023 0.03 +0.01 +24.93%
2022 0.02 −0.02 −42.84%
2021 0.04 +0.02 +97.57%
2020 0.02 +0 +7.99%
2019 0.02 −0 −7.42%
2018 0.02 +0.01 +77.19%
2017 0.01 +0 +1%
2016 0.01 +0 +44.28%
2015 0.01 −0.01 −47.35%
2014 0.02 +0 +9.11%
2013 0.01 +0 +14.28%
2012 0.01 +0.01 +79.97%
2011 0.01

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.