New business density in Sweden
Sweden: New business density was 7.08 new registrations per 1,000 people ages 15-64 in 2024. ▲ Rising
Latest (2024)
7.08 new registrations per 1,000 people ages 15-64
Change on year
down 6.1%
World rank
35th
of 177 countries
All-time high
9.7 new registrations per 1,000 people ages 15-64
in 2021
All-time low
4 new registrations per 1,000 people ages 15-64
in 2009
Years of data
19
2006–2024
New business density in Sweden, 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 Sweden stood at 7.08 new registrations per 1,000 people ages 15-64.
The figure is down 6.1% on the previous year and up 3.4% over ten years.
Over the whole period, new business density in Sweden peaked at 9.7 new registrations per 1,000 people ages 15-64 in 2021 and was at its lowest, 4 new registrations per 1,000 people ages 15-64, in 2009.
That places Sweden 35th out of 177 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New business density in Sweden, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 4.01 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 4.66 new registrations per 1,000 people ages 15-64 | +16.1% |
| 2008 | 4.55 new registrations per 1,000 people ages 15-64 | -2.3% |
| 2009 | 4 new registrations per 1,000 people ages 15-64 | -12.1% |
| 2010 | 5.68 new registrations per 1,000 people ages 15-64 | +42.0% |
| 2011 | 7.19 new registrations per 1,000 people ages 15-64 | +26.5% |
| 2012 | 6.42 new registrations per 1,000 people ages 15-64 | -10.7% |
| 2013 | 6.39 new registrations per 1,000 people ages 15-64 | -0.4% |
| 2014 | 6.85 new registrations per 1,000 people ages 15-64 | +7.2% |
| 2015 | 7.39 new registrations per 1,000 people ages 15-64 | +7.8% |
| 2016 | 8 new registrations per 1,000 people ages 15-64 | +8.3% |
| 2017 | 7.72 new registrations per 1,000 people ages 15-64 | -3.5% |
| 2018 | 7.18 new registrations per 1,000 people ages 15-64 | -7.0% |
| 2019 | 7.25 new registrations per 1,000 people ages 15-64 | +0.9% |
| 2020 | 8.96 new registrations per 1,000 people ages 15-64 | +23.6% |
| 2021 | 9.7 new registrations per 1,000 people ages 15-64 | +8.3% |
| 2022 | 9.24 new registrations per 1,000 people ages 15-64 | -4.8% |
| 2023 | 7.54 new registrations per 1,000 people ages 15-64 | -18.3% |
| 2024 | 7.08 new registrations per 1,000 people ages 15-64 | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.31 new registrations per 1,000 people ages 15-64 | 4 new registrations per 1,000 people ages 15-64 | 4.66 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 7.01 new registrations per 1,000 people ages 15-64 | 5.68 new registrations per 1,000 people ages 15-64 | 8 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 8.5 new registrations per 1,000 people ages 15-64 | 7.08 new registrations per 1,000 people ages 15-64 | 9.7 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Sweden
- 32 Barbados 8.11 new registrations per 1,000 people ages 15-64 compare
- 33 Georgia 7.62 new registrations per 1,000 people ages 15-64 compare
- 34 Romania 7.47 new registrations per 1,000 people ages 15-64 compare
- 36 Latvia 7.02 new registrations per 1,000 people ages 15-64 compare
- 37 Denmark 6.85 new registrations per 1,000 people ages 15-64 compare
- 38 France 6.82 new registrations per 1,000 people ages 15-64 compare
More private sector data for Sweden
- Merchandise trade 61.2% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 68.5% (2024)
- Merchandise imports 200.98 billion current US$ (2025)
- Food exports 6.7% (2024)
- Manufactures exports 72.6% (2024)
- Merchandise exports 208.33 billion current US$ (2025)
- Merchandise exports (current US$), per capita 19,660 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3114 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.47 % change on previous year (2025)
Frequently asked questions
- What is new business density in Sweden?
- New business density in Sweden was 7.08 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 Sweden?
- The highest recorded value was 9.7 new registrations per 1,000 people ages 15-64 in 2021.
- What is the lowest new business density recorded in Sweden?
- The lowest recorded value was 4 new registrations per 1,000 people ages 15-64 in 2009.
- How does Sweden rank for new business density?
- Sweden ranks 35th out of 177 countries with data for 2024.
- Is new business density rising or falling in Sweden?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
- Where does this Sweden 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.