New business density in El Salvador
El Salvador: New business density was 1.14 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in El Salvador, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2024, new business density in El Salvador stood at 1.14 new registrations per 1,000 people ages 15-64. That is the highest value across all 19 years on record.
The figure is up 55.2% on the previous year and up 116.5% over ten years.
Over the whole period, new business density in El Salvador peaked at 1.14 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.429 new registrations per 1,000 people ages 15-64, in 2020.
That places El Salvador 122nd out of 177 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in El Salvador, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.5284 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.5679 new registrations per 1,000 people ages 15-64 | +7.5% |
| 2008 | 0.5048 new registrations per 1,000 people ages 15-64 | -11.1% |
| 2009 | 0.4832 new registrations per 1,000 people ages 15-64 | -4.3% |
| 2010 | 0.4962 new registrations per 1,000 people ages 15-64 | +2.7% |
| 2011 | 0.4702 new registrations per 1,000 people ages 15-64 | -5.2% |
| 2012 | 0.5067 new registrations per 1,000 people ages 15-64 | +7.8% |
| 2013 | 0.5118 new registrations per 1,000 people ages 15-64 | +1.0% |
| 2014 | 0.5285 new registrations per 1,000 people ages 15-64 | +3.3% |
| 2015 | 0.5438 new registrations per 1,000 people ages 15-64 | +2.9% |
| 2016 | 0.5529 new registrations per 1,000 people ages 15-64 | +1.7% |
| 2017 | 0.5301 new registrations per 1,000 people ages 15-64 | -4.1% |
| 2018 | 0.5779 new registrations per 1,000 people ages 15-64 | +9.0% |
| 2019 | 0.6402 new registrations per 1,000 people ages 15-64 | +10.8% |
| 2020 | 0.429 new registrations per 1,000 people ages 15-64 | -33.0% |
| 2021 | 0.7153 new registrations per 1,000 people ages 15-64 | +66.7% |
| 2022 | 0.725 new registrations per 1,000 people ages 15-64 | +1.4% |
| 2023 | 0.7373 new registrations per 1,000 people ages 15-64 | +1.7% |
| 2024 | 1.14 new registrations per 1,000 people ages 15-64 | +55.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5211 new registrations per 1,000 people ages 15-64 | 0.4832 new registrations per 1,000 people ages 15-64 | 0.5679 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.5358 new registrations per 1,000 people ages 15-64 | 0.4702 new registrations per 1,000 people ages 15-64 | 0.6402 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 0.7501 new registrations per 1,000 people ages 15-64 | 0.429 new registrations per 1,000 people ages 15-64 | 1.14 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near El Salvador
- 119 Belarus 1.27 new registrations per 1,000 people ages 15-64 compare
- 120 Senegal 1.22 new registrations per 1,000 people ages 15-64 compare
- 121 Sri Lanka 1.19 new registrations per 1,000 people ages 15-64 compare
- 123 Tuvalu 1.13 new registrations per 1,000 people ages 15-64 compare
- 124 Nigeria 1.12 new registrations per 1,000 people ages 15-64 compare
- 125 Solomon Islands 1.09 new registrations per 1,000 people ages 15-64 compare
More private sector data for El Salvador
- Merchandise trade 66.1% (2025)
- Food imports 20.1% (2024)
- Manufactures imports 62.0% (2024)
- Merchandise imports 17.85 billion current US$ (2025)
- Food exports 22.9% (2024)
- Manufactures exports 70.0% (2024)
- Merchandise exports 6.43 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,010 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1751 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.87 % change on previous year (2025)
Frequently asked questions
- What is new business density in El Salvador?
- New business density in El Salvador was 1.14 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in El Salvador?
- The highest recorded value was 1.14 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in El Salvador?
- The lowest recorded value was 0.429 new registrations per 1,000 people ages 15-64 in 2020.
- How does El Salvador rank for new business density?
- El Salvador ranks 122nd out of 177 countries with data for 2024.
- Is new business density rising or falling in El Salvador?
- Over the last ten years it is up 116.5%. The long-run trend across the full record is rising.
- Where does this El Salvador data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.