India vs Nigeria: New businesses registered

India
173,712 number
in 2024
Nigeria
136,961 number
in 2022
India rank
9th
Nigeria rank
12th

New businesses registered over time

  • India
  • Nigeria
50.0k100.0k150.0k200620152024

How they compare

India currently reports 173,712 number against 136,961 number in Nigeria, a difference of 36,751 number.

That makes India's figure about 1.3 times Nigeria's.

The two have swapped places 4 times across 17 shared years of data; in 2006 it was India ahead.

Globally, India ranks 9th and Nigeria ranks 12th of 176 countries.

Individual pages

About this data

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.