New business density in Somalia in 2024 — 0.02 per 1,000. Ranked 134 in the world out of 134. Since 2016, the indicator has fallen by 90.4%.
2016–2024 · per 1,000 people aged 15–64
How the value compares with the world and the groups this territory belongs to: Somalia
| Year | per 1,000 | Change | Change, % |
|---|---|---|---|
| 2024 | 0.02 | −0.01 | −38.53% |
| 2023 | 0.03 | +0 | +14.29% |
| 2022 | 0.03 | +0.01 | +74.07% |
| 2021 | 0.02 | −0.08 | −82.93% |
| 2020 | 0.1 | −0.02 | −14.26% |
| 2019 | 0.11 | +0.01 | +8.31% |
| 2018 | 0.1 | −0.07 | −40.74% |
| 2017 | 0.18 | −0.04 | −16.76% |
| 2016 | 0.21 | — | — |
The same indicator for neighboring countries — with links to their pages
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.
How many limited liability companies are registered in a country in a year.
Labor Self-employedThe share of workers who work for themselves — from entrepreneurs to the informally employed.
Labor Firms with female top managersWhat part of the firms in a country are run by women — from enterprise surveys.
