New businesses registered (number) in Sri Lanka
Sri Lanka: New businesses registered was 17,447 number in 2022. ▲ Rising
New businesses registered in Sri Lanka, 2008–2022
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2022, new businesses registered in Sri Lanka stood at 17,447 number.
Compared with earlier readings it is down 3.4% on the previous year and up 150.1% over ten years.
Over the whole period, new businesses registered in Sri Lanka peaked at 18,066 number in 2021 and was at its lowest, 4,062 number, in 2009.
That places Sri Lanka 70th out of 177 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
New businesses registered in Sri Lanka, year by year
| Year | number | Change |
|---|---|---|
| 2008 | 4,321 number | — |
| 2009 | 4,062 number | -6.0% |
| 2010 | 6,110 number | +50.4% |
| 2011 | 7,662 number | +25.4% |
| 2012 | 6,975 number | -9.0% |
| 2013 | 5,788 number | -17.0% |
| 2014 | 6,674 number | +15.3% |
| 2015 | 7,583 number | +13.6% |
| 2016 | 8,060 number | +6.3% |
| 2017 | 9,474 number | +17.5% |
| 2018 | 10,510 number | +10.9% |
| 2021 | 18,066 number | +71.9% |
| 2022 | 17,447 number | -3.4% |
Sri Lanka compared with similar countries
- Sri Lanka's 17,447 number is above the median for upper middle income countries, which is 8,806 number, 2.0× the median. (52 countries reporting)
- Sri Lanka's 17,447 number is above the median for South Asia, which is 12,406 number, 1.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,192 number | 4,062 number | 4,321 number | 2 |
| 2010s | 7,648 number | 5,788 number | 10,510 number | 9 |
| 2020s | 17,756 number | 17,447 number | 18,066 number | 2 |
Countries ranked near Sri Lanka
More private sector data for Sri Lanka
- Merchandise trade 32.2% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.7% (2024)
- Merchandise imports 21.48 billion current US$ (2025)
- Food exports 27.3% (2024)
- Manufactures exports 66.0% (2024)
- Merchandise exports 13.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 624.24 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1248 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.33 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Sri Lanka?
- New businesses registered in Sri Lanka was 17,447 number in 2022, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Sri Lanka?
- The highest recorded value was 18,066 number in 2021.
- What is the lowest new businesses registered recorded in Sri Lanka?
- The lowest recorded value was 4,062 number in 2009.
- How does Sri Lanka rank for new businesses registered?
- Sri Lanka ranks 70th out of 177 countries with data for 2022.
- Is new businesses registered rising or falling in Sri Lanka?
- Over the last ten years it is up 150.1%. The long-run trend across the full record is rising.
- Where does this Sri Lanka 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 — 13 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.