New businesses registered in Sri Lanka

Sri Lanka: New businesses registered was 17,447 number in 2022. ▲ Rising

Latest (2022)
17,447 number
Change on year
down 3.4%
World rank
70th
of 176 countries
All-time high
18,066 number
in 2021
All-time low
4,062 number
in 2009
Years of data
13
2008–2022

New businesses registered in Sri Lanka, 2008–2022

5.0k10.0k15.0k20.0k2008201520222008: 4.3k number2009: 4.1k number2010: 6.1k number2011: 7.7k number2012: 7.0k number2013: 5.8k number2014: 6.7k number2015: 7.6k number2016: 8.1k number2017: 9.5k number2018: 10.5k number2021: 18.1k number2022: 17.4k number

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

Analysis

In 2022, new businesses registered in Sri Lanka stood at 17,447 number.

Compared with earlier readings it is down 3.4% on the previous year and up 150.1% over ten years.

Over the whole period, new businesses registered in Sri Lanka peaked at 18,066 number in 2021 and was at its lowest, 4,062 number, in 2009.

That places Sri Lanka 70th out of 176 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4,192 number 4,062 number 4,321 number 2
2010s 7,648 number 5,788 number 10,510 number 9
2020s 17,756 number 17,447 number 18,066 number 2

Countries ranked near Sri Lanka

  1. 67 Switzerland 18,034 number compare
  2. 68 Georgia 17,783 number compare
  3. 69 Israel 17,470 number compare
  4. 71 Greece 16,000 number compare
  5. 72 Argentina 15,818 number compare
  6. 73 Tunisia 14,870 number compare

See the full ranking of 176 places →

More private sector data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is new businesses registered in Sri Lanka?
New businesses registered in Sri Lanka was 17,447 number in 2022, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Sri Lanka?
The highest recorded value was 18,066 number in 2021.
What is the lowest new businesses registered recorded in Sri Lanka?
The lowest recorded value was 4,062 number in 2009.
How does Sri Lanka rank for new businesses registered?
Sri Lanka ranks 70th out of 176 countries with data for 2022.
Is new businesses registered rising or falling in Sri Lanka?
Over the last ten years it is up 150.1%. The long-run trend across the full record is rising.
Where does this Sri Lanka 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 — 13 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.