New business density — all countries

New business density — Seychelles

New business density in the Seychelles in 2024 — 4.26 per 1,000. Ranked 51 in the world out of 134. Since 2006, the indicator has risen by 70.8%.

2024 4.26 per 1,000 +54.13% vs 2023
World rank 51of 134
Period maximum 4.26 per 1,0002024
Period minimum 0.41 per 1,0002007

Trend over time

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

New business density — Seychelles, 2006–2024024620062008201020122014201620182020202220242006: 2.5 per 1,0002007: 0.41 per 1,0002008: 0.98 per 1,0002009: 3.08 per 1,0002010: 2.31 per 1,0002011: 3.53 per 1,0002012: 2.89 per 1,0002013: 3.01 per 1,0002014: 3.01 per 1,0002015: 2.81 per 1,0002016: 2.75 per 1,0002017: 2.83 per 1,0002018: 2.5 per 1,0002019: 2.51 per 1,0002020: 2.06 per 1,0002021: 1.86 per 1,0002022: 1.55 per 1,0002023: 2.77 per 1,0002024: 4.26 per 1,000
Change over the period: +1.77 (+70.85%) Average annual rate: 3.02 %

Comparison, 2024

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

Seychelles 4.26 per 1,000
World 5.15 per 1,000
Sub-Saharan Africa computed 2.26 per 1,000
Eastern Africa computed 1.1 per 1,000
New business density — Seychelles, by year Seychelles All countries CSV XLSX
Year per 1,000 Change Change, %
2024 4.26 +1.5 +54.13%
2023 2.77 +1.22 +78.38%
2022 1.55 −0.31 −16.44%
2021 1.86 −0.21 −10.1%
2020 2.06 −0.44 −17.68%
2019 2.51 +0.01 +0.25%
2018 2.5 −0.33 −11.68%
2017 2.83 +0.08 +2.85%
2016 2.75 −0.06 −2.08%
2015 2.81 −0.19 −6.44%
2014 3.01 −0.01 −0.27%
2013 3.01 +0.13 +4.35%
2012 2.89 −0.64 −18.14%
2011 3.53 +1.21 +52.47%
2010 2.31 −0.77 −24.99%
2009 3.08 +2.11 +214.94%
2008 0.98 +0.57 +138.52%
2007 0.41 −2.08 −83.55%
2006 2.5

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.