New business density — all countries

New business density — Sri Lanka

New business density in Sri Lanka in 2022 — 1.19 per 1,000. Ranked 106 in the world out of 154. Since 2008, the indicator has risen by 283.8%.

2022 1.19 per 1,000 −3.52% vs 2021
World rank 106of 154
Period maximum 1.24 per 1,0002021
Period minimum 0.29 per 1,0002009

Trend over time

2008–2022 · per 1,000 people aged 15–64

New business density — Sri Lanka, 2008–202200.511.5200820102012201420162018202020222008: 0.31 per 1,0002009: 0.29 per 1,0002010: 0.44 per 1,0002011: 0.54 per 1,0002012: 0.49 per 1,0002013: 0.42 per 1,0002014: 0.48 per 1,0002015: 0.55 per 1,0002016: 0.57 per 1,0002017: 0.67 per 1,0002018: 0.73 per 1,0002021: 1.24 per 1,0002022: 1.19 per 1,000
Change over the period: +0.88 (+283.81%) Average annual rate: 10.08 %

Comparison, 2022

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

Sri Lanka 1.19 per 1,000
World 4.89 per 1,000
South Asia 0.18 per 1,000
Southern Asia computed 0.19 per 1,000
Lower-middle-income countries computed 0.57 per 1,000
New business density — Sri Lanka, by year Sri Lanka All countries CSV XLSX
Year per 1,000 Change Change, %
2022 1.19 −0.04 −3.52%
2021 1.24
2018 0.73 +0.07 +9.93%
2017 0.67 +0.09 +16.38%
2016 0.57 +0.03 +5.32%
2015 0.55 +0.06 +12.88%
2014 0.48 +0.06 +14.56%
2013 0.42 −0.07 −14.44%
2012 0.49 −0.05 −9.45%
2011 0.54 +0.11 +24.9%
2010 0.44 +0.14 +49.81%
2009 0.29 −0.02 −6.42%
2008 0.31

Southern Asia, 2022

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.