New business density in Serbia
Serbia: New business density was 2.12 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
2.12 new registrations per 1,000 people ages 15-64
Change on year
down 5.5%
World rank
95th
of 177 countries
All-time high
2.6 new registrations per 1,000 people ages 15-64
in 2022
All-time low
1.66 new registrations per 1,000 people ages 15-64
in 2015
Years of data
19
2006–2024
New business density in Serbia, 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 Serbia stood at 2.12 new registrations per 1,000 people ages 15-64.
That represents a change of down 5.5% on the previous year and up 26.7% over ten years.
Over the whole period, new business density in Serbia peaked at 2.6 new registrations per 1,000 people ages 15-64 in 2022 and was at its lowest, 1.66 new registrations per 1,000 people ages 15-64, in 2015.
That places Serbia 95th 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 Serbia, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 2.1 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 2.23 new registrations per 1,000 people ages 15-64 | +6.4% |
| 2008 | 2.16 new registrations per 1,000 people ages 15-64 | -3.3% |
| 2009 | 1.95 new registrations per 1,000 people ages 15-64 | -9.7% |
| 2010 | 1.86 new registrations per 1,000 people ages 15-64 | -4.6% |
| 2011 | 1.67 new registrations per 1,000 people ages 15-64 | -10.4% |
| 2012 | 1.72 new registrations per 1,000 people ages 15-64 | +2.9% |
| 2013 | 1.75 new registrations per 1,000 people ages 15-64 | +1.8% |
| 2014 | 1.67 new registrations per 1,000 people ages 15-64 | -4.3% |
| 2015 | 1.66 new registrations per 1,000 people ages 15-64 | -0.6% |
| 2016 | 1.76 new registrations per 1,000 people ages 15-64 | +5.8% |
| 2017 | 1.83 new registrations per 1,000 people ages 15-64 | +4.3% |
| 2018 | 1.87 new registrations per 1,000 people ages 15-64 | +1.9% |
| 2019 | 1.94 new registrations per 1,000 people ages 15-64 | +3.8% |
| 2020 | 2 new registrations per 1,000 people ages 15-64 | +3.2% |
| 2021 | 2.13 new registrations per 1,000 people ages 15-64 | +6.4% |
| 2022 | 2.6 new registrations per 1,000 people ages 15-64 | +22.0% |
| 2023 | 2.24 new registrations per 1,000 people ages 15-64 | -13.9% |
| 2024 | 2.12 new registrations per 1,000 people ages 15-64 | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.11 new registrations per 1,000 people ages 15-64 | 1.95 new registrations per 1,000 people ages 15-64 | 2.23 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 1.77 new registrations per 1,000 people ages 15-64 | 1.66 new registrations per 1,000 people ages 15-64 | 1.94 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.22 new registrations per 1,000 people ages 15-64 | 2 new registrations per 1,000 people ages 15-64 | 2.6 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Serbia
- 92 Kyrgyzstan 2.15 new registrations per 1,000 people ages 15-64 compare
- 93 Kuwait 2.14 new registrations per 1,000 people ages 15-64 compare
- 94 Lithuania 2.13 new registrations per 1,000 people ages 15-64 compare
- 96 Cyprus 2.08 new registrations per 1,000 people ages 15-64 compare
- 97 Azerbaijan 2 new registrations per 1,000 people ages 15-64 compare
- 98 Viet Nam 2 new registrations per 1,000 people ages 15-64 compare
More private sector data for Serbia
- Merchandise trade 84.6% (2025)
- Food imports 5.8% (2007)
- Manufactures imports 69.5% (2007)
- Merchandise imports 47.23 billion current US$ (2025)
- Food exports 18.6% (2007)
- Manufactures exports 65.9% (2007)
- Merchandise exports 37.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,698 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3733 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.13 % change on previous year (2025)
Frequently asked questions
- What is new business density in Serbia?
- New business density in Serbia was 2.12 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 Serbia?
- The highest recorded value was 2.6 new registrations per 1,000 people ages 15-64 in 2022.
- What is the lowest new business density recorded in Serbia?
- The lowest recorded value was 1.66 new registrations per 1,000 people ages 15-64 in 2015.
- How does Serbia rank for new business density?
- Serbia ranks 95th out of 177 countries with data for 2024.
- Is new business density rising or falling in Serbia?
- Over the last ten years it is up 26.7%. The long-run trend across the full record is rising.
- Where does this Serbia 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.