New businesses registered — all countries

New businesses registered — Sierra Leone

New businesses registered in Sierra Leone in 2024 — 3,712 companies. Ranked 98 in the world out of 134. Since 2006, the indicator has risen by 1,014.7%.

2024 3,712 companies −4.94% vs 2023
World rank 98of 134
Period maximum 3,905 companies2023
Period minimum 333 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Sierra Leone, 2006–202401,0002,0003,0004,00020062008201020122014201620182020202220242006: 333 companies2007: 375 companies2008: 555 companies2009: 688 companies2010: 905 companies2011: 831 companies2012: 1,069 companies2013: 1,046 companies2014: 682 companies2015: 986 companies2016: 1,083 companies2017: 1,426 companies2018: 2,186 companies2019: 2,315 companies2020: 2,811 companies2021: 3,348 companies2022: 3,145 companies2023: 3,905 companies2024: 3,712 companies
Change over the period: +3,379 (+1,014.71%) Average annual rate: 14.33 %

Comparison, 2024

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

Sierra Leone 3,712 companies
Sub-Saharan Africa computed 905,245 companies
Western Africa computed 106,759 companies
New businesses registered — Sierra Leone, by year Sierra Leone All countries CSV XLSX
Year companies Change Change, %
2024 3,712 −193 −4.94%
2023 3,905 +760 +24.17%
2022 3,145 −203 −6.06%
2021 3,348 +537 +19.1%
2020 2,811 +496 +21.43%
2019 2,315 +129 +5.9%
2018 2,186 +760 +53.3%
2017 1,426 +343 +31.67%
2016 1,083 +97 +9.84%
2015 986 +304 +44.57%
2014 682 −364 −34.8%
2013 1,046 −23 −2.15%
2012 1,069 +238 +28.64%
2011 831 −74 −8.18%
2010 905 +217 +31.54%
2009 688 +133 +23.96%
2008 555 +180 +48%
2007 375 +42 +12.61%
2006 333

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

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