New businesses registered in Sierra Leone

Sierra Leone: New businesses registered was 3,712 number in 2024. ◆ Volatile

Latest (2024)
3,712 number
Change on year
down 4.9%
World rank
122nd
of 176 countries
All-time high
3,905 number
in 2023
All-time low
333 number
in 2006
Years of data
19
2006–2024

New businesses registered in Sierra Leone, 2006–2024

01.0k2.0k3.0k4.0k2006201520242006: 333 number2007: 375 number2008: 555 number2009: 688 number2010: 905 number2011: 831 number2012: 1.1k number2013: 1.0k number2014: 682 number2015: 986 number2016: 1.1k number2017: 1.4k number2018: 2.2k number2019: 2.3k number2020: 2.8k number2021: 3.3k number2022: 3.1k number2023: 3.9k number2024: 3.7k number

Source: Entrepreneurship Database, World Bank (WB). Measured in number.

Analysis

In 2024, new businesses registered in Sierra Leone stood at 3,712 number.

That represents a change of down 4.9% on the previous year and up 444.3% over ten years.

Over the whole period, new businesses registered in Sierra Leone peaked at 3,905 number in 2023 and was at its lowest, 333 number, in 2006.

Sierra Leone ranks 122nd of 176 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 487.75 number 333 number 688 number 4
2010s 1,253 number 682 number 2,315 number 10
2020s 3,384 number 2,811 number 3,905 number 5

Countries ranked near Sierra Leone

  1. 119 Albania 4,126 number compare
  2. 120 Lithuania 4,011 number compare
  3. 121 Mozambique 3,925 number compare
  4. 122 Bolivia 3,712 number compare
  5. 124 Belize 3,710 number compare
  6. 125 Slovenia 3,545 number compare

See the full ranking of 176 places →

More private sector data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is new businesses registered in Sierra Leone?
New businesses registered in Sierra Leone was 3,712 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Sierra Leone?
The highest recorded value was 3,905 number in 2023.
What is the lowest new businesses registered recorded in Sierra Leone?
The lowest recorded value was 333 number in 2006.
How does Sierra Leone rank for new businesses registered?
Sierra Leone ranks 122nd out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Sierra Leone?
Over the last ten years it is up 444.3%. The long-run trend across the full record is volatile.
Where does this Sierra Leone data come from?
The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.