New businesses registered in Seychelles
Seychelles: New businesses registered was 370 number in 2024. ▲ Rising
New businesses registered in Seychelles, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Seychelles recorded 370 number for new businesses registered in 2024. That is the highest value across all 19 years on record.
The figure is up 56.1% on the previous year and up 88.8% over ten years.
Over the whole period, new businesses registered in Seychelles peaked at 370 number in 2024 and was at its lowest, 24 number, in 2007.
Seychelles ranks 160th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New businesses registered in Seychelles, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 144 number | — |
| 2007 | 24 number | -83.3% |
| 2008 | 59 number | +145.8% |
| 2009 | 188 number | +218.6% |
| 2010 | 146 number | -22.3% |
| 2011 | 218 number | +49.3% |
| 2012 | 181 number | -17.0% |
| 2013 | 193 number | +6.6% |
| 2014 | 196 number | +1.6% |
| 2015 | 188 number | -4.1% |
| 2016 | 187 number | -0.5% |
| 2017 | 195 number | +4.3% |
| 2018 | 174 number | -10.8% |
| 2019 | 176 number | +1.1% |
| 2020 | 146 number | -17.0% |
| 2021 | 132 number | -9.6% |
| 2022 | 133 number | +0.8% |
| 2023 | 237 number | +78.2% |
| 2024 | 370 number | +56.1% |
Seychelles compared with similar countries
- Seychelles's 370 number is below the median for high income countries, which is 19,050 number, 2% of the median. (63 countries reporting)
- Seychelles's 370 number is below the median for Sub-Saharan Africa, which is 5,522 number, 7% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where New businesses registered 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 | +218.6% | 59 number | 188 number |
| 2008 | +145.8% | 24 number | 59 number |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 103.75 number | 24 number | 188 number | 4 |
| 2010s | 185.4 number | 146 number | 218 number | 10 |
| 2020s | 203.6 number | 132 number | 370 number | 5 |
Countries ranked near Seychelles
- 157 Liechtenstein 407 number compare
- 158 Comoros 387 number compare
- 159 Haiti 383 number compare
- 161 Saint Vincent and the Grenadines 323 number compare
- 162 Antigua and Barbuda 275 number compare
- 163 Sao Tome and Principe 268 number 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)
- Food exports 85.9% (2024)
- Manufactures exports 0.3% (2024)
- Merchandise exports 550.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 4,481 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2304 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -1.26 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Seychelles?
- New businesses registered in Seychelles was 370 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Seychelles?
- The highest recorded value was 370 number in 2024.
- What is the lowest new businesses registered recorded in Seychelles?
- The lowest recorded value was 24 number in 2007.
- How does Seychelles rank for new businesses registered?
- Seychelles ranks 160th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Seychelles?
- Over the last ten years it is up 88.8%. 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 businesses registered (number). 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
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.