New business density (new registrations per 1,000 people ages 15-64) in Seychelles
Seychelles: New business density (new registrations per 1,000 people ages 15-64) was 4.26 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
New business density in Seychelles, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Seychelles recorded 4.26 new registrations per 1,000 people ages 15-64 for new business density in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 54.1% on the previous year and up 41.9% over ten years.
Over the whole period, new business density in Seychelles peaked at 4.26 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.4106 new registrations per 1,000 people ages 15-64, in 2007.
That places Seychelles 60th 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 (new registrations per 1,000 people ages 15-64) in Seychelles, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 2.5 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.4106 new registrations per 1,000 people ages 15-64 | -83.5% |
| 2008 | 0.9793 new registrations per 1,000 people ages 15-64 | +138.5% |
| 2009 | 3.08 new registrations per 1,000 people ages 15-64 | +214.9% |
| 2010 | 2.31 new registrations per 1,000 people ages 15-64 | -25.0% |
| 2011 | 3.53 new registrations per 1,000 people ages 15-64 | +52.5% |
| 2012 | 2.89 new registrations per 1,000 people ages 15-64 | -18.1% |
| 2013 | 3.01 new registrations per 1,000 people ages 15-64 | +4.4% |
| 2014 | 3.01 new registrations per 1,000 people ages 15-64 | -0.3% |
| 2015 | 2.81 new registrations per 1,000 people ages 15-64 | -6.4% |
| 2016 | 2.75 new registrations per 1,000 people ages 15-64 | -2.1% |
| 2017 | 2.83 new registrations per 1,000 people ages 15-64 | +2.9% |
| 2018 | 2.5 new registrations per 1,000 people ages 15-64 | -11.7% |
| 2019 | 2.51 new registrations per 1,000 people ages 15-64 | +0.3% |
| 2020 | 2.06 new registrations per 1,000 people ages 15-64 | -17.7% |
| 2021 | 1.86 new registrations per 1,000 people ages 15-64 | -10.1% |
| 2022 | 1.55 new registrations per 1,000 people ages 15-64 | -16.4% |
| 2023 | 2.77 new registrations per 1,000 people ages 15-64 | +78.4% |
| 2024 | 4.26 new registrations per 1,000 people ages 15-64 | +54.1% |
Seychelles compared with similar countries
- Seychelles's 4.26 new registrations per 1,000 people ages 15-64 is below the median for high income countries, which is 5.68 new registrations per 1,000 people ages 15-64, 75% of the median. (63 countries reporting)
- Seychelles's 4.26 new registrations per 1,000 people ages 15-64 is above the median for Sub-Saharan Africa, which is 1.04 new registrations per 1,000 people ages 15-64, 4.1× the median. (43 countries reporting)
Biggest year-on-year movements
Years where New business density (new registrations per 1,000 people ages 15-64) in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +214.9% | 0.9793 new registrations per 1,000 people ages 15-64 | 3.08 new registrations per 1,000 people ages 15-64 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.74 new registrations per 1,000 people ages 15-64 | 0.4106 new registrations per 1,000 people ages 15-64 | 3.08 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 2.82 new registrations per 1,000 people ages 15-64 | 2.31 new registrations per 1,000 people ages 15-64 | 3.53 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.5 new registrations per 1,000 people ages 15-64 | 1.55 new registrations per 1,000 people ages 15-64 | 4.26 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Seychelles
- 57 Trinidad and Tobago 4.49 new registrations per 1,000 people ages 15-64 compare
- 58 Eswatini 4.39 new registrations per 1,000 people ages 15-64 compare
- 59 Czechia 4.31 new registrations per 1,000 people ages 15-64 compare
- 61 Antigua and Barbuda 4.16 new registrations per 1,000 people ages 15-64 compare
- 62 Armenia 4.12 new registrations per 1,000 people ages 15-64 compare
- 63 Hungary 3.83 new registrations per 1,000 people ages 15-64 compare
More private sector data for Seychelles
- Merchandise trade 86.7% (2025)
- Food imports 26.1% (2024)
- Manufactures imports 51.8% (2024)
- Merchandise imports 1.52 billion current US$ (2025)
- Commercial service imports 1.07 billion current US$ (2025)
- Food exports 85.9% (2024)
- Manufactures exports 0.3% (2024)
- Merchandise exports 550.00 million current US$ (2025)
- Commercial service exports 1.91 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,481 current US$ per person (2025)
Frequently asked questions
- What is new business density in Seychelles?
- New business density in Seychelles was 4.26 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 Seychelles?
- The highest recorded value was 4.26 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Seychelles?
- The lowest recorded value was 0.4106 new registrations per 1,000 people ages 15-64 in 2007.
- How does Seychelles rank for new business density?
- Seychelles ranks 60th out of 177 countries with data for 2024.
- Is new business density rising or falling in Seychelles?
- Over the last ten years it is up 41.9%. The long-run trend across the full record is rising.
- Where does this Seychelles 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.