New businesses registered (number) by country

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

Countries reporting
175
Highest
979,211 number
Brazil
Lowest
2 number
Kiribati
Median
9,638 number
Years covered
19
2006–2024
Data points
2,895

What the numbers show

New businesses registered (number) is currently reported for 175 countries. The highest value is 979,211 number in Brazil; the lowest is 2 number in Kiribati.

The median across all reporting countries is 9,638 number, and the mean is 43,621 number.

Over the past decade 149 countries rose and 24 fell. The largest increase was in Canada (up 4,217.9%), and the largest decrease in Somalia (down 87.0%).

New businesses registered: full country ranking

#Country LatestYear 10-year changeTrend
1 Brazil 979,211 number 2024 up 160.8% rising
2 United Kingdom 841,138 number 2024 up 43.6% rising
3 South Africa 494,475 number 2024 up 95.6% rising
4 Australia 316,561 number 2024 up 42.4% rising
5 China 286,640 number 2024 up 38.7% rising
6 France 286,548 number 2024 up 64.4% rising
7 Russia 214,957 number 2024 down 49.7% falling
8 Indonesia 182,200 number 2024 up 214.4% volatile
9 India 173,712 number 2024 up 148.7% rising
10 Hong Kong 145,053 number 2024 down 13.3% rising
11 Saudi Arabia 141,067 number 2024 up 769.5% volatile
12 Nigeria 136,961 number 2022 up 68.8% rising
13 Vietnam 136,757 number 2024 up 140.2% rising
14 Canada 131,783 number 2022 up 4,217.9% rising
15 South Korea 128,455 number 2023 up 26.7% rising
16 Chile 123,159 number 2023 up 112.5% volatile
17 Spain 118,193 number 2024 up 25.6% falling
18 Italy 115,689 number 2024 up 25.1% rising
19 Turkey 115,401 number 2024 up 89.7% rising
20 Peru 111,997 number 2024 up 50.2% rising
21 Romania 91,649 number 2024 up 62.6% rising
22 Thailand 87,596 number 2024 up 47.3% rising
23 Mexico 83,950 number 2024 up 78.2% rising
24 Colombia 82,208 number 2024 up 18.8% rising
25 Germany 75,775 number 2024 up 12.3% rising
26 Portugal 73,740 number 2024 up 131.4% rising
27 Morocco 67,138 number 2024 up 91.7% rising
28 Uzbekistan 64,020 number 2024 up 275.0% volatile
29 Malaysia 59,611 number 2024 up 15.7% rising
30 Kenya 58,919 number 2024 up 56.1% rising
31 Poland 56,520 number 2024 up 84.1% rising
32 New Zealand 55,417 number 2024 up 13.2% flat
33 Singapore 52,248 number 2024 up 36.4% rising
34 Ukraine 51,349 number 2017 up 34.6% rising
35 Sweden 46,622 number 2024 up 10.8% rising
36 Ethiopia 46,274 number 2024 up 299.3% volatile
37 Bulgaria 42,783 number 2024 up 8.6% rising
38 Kazakhstan 42,707 number 2024 up 183.4% volatile
39 Japan 41,946 number 2024 up 110.0% volatile
40 Belgium 39,772 number 2023 up 110.1% rising
41 Philippines 39,146 number 2024 up 85.8% rising
42 Netherlands 39,055 number 2022 up 23.9% rising
43 Angola 30,956 number 2024 up 261.9% volatile
44 Norway 30,147 number 2024 up 16.5% rising
45 Pakistan 30,004 number 2024 up 516.1% volatile
46 Czechia 29,877 number 2024 up 22.6% rising
47 Uganda 29,330 number 2024 up 87.1% rising
48 Ghana 28,529 number 2024 up 26.1% rising
49 Denmark 25,969 number 2024 up 0.1% rising
50 Nepal 25,859 number 2020 up 165.2% rising
51 Zimbabwe 25,601 number 2024 up 170.5% volatile
52 Algeria 24,482 number 2024 up 57.1% rising
53 Hungary 23,691 number 2024 down 5.4% falling
54 Ireland 23,440 number 2024 up 33.6% rising
55 Estonia 23,154 number 2024 up 67.0% rising
56 Rwanda 22,734 number 2024 up 127.4% volatile
57 Costa Rica 22,333 number 2024 up 103.7% rising
58 Botswana 21,456 number 2024 up 15.2% rising
59 Finland 20,690 number 2024 up 60.3% rising
60 Slovakia 20,239 number 2024 up 57.1% rising
61 Cote d'Ivoire 20,143 number 2024 up 421.7% volatile
62 Ecuador 19,317 number 2024 up 150.2% volatile
63 United Arab Emirates 19,050 number 2020 up 120.9% rising
64 Egypt 18,587 number 2022 up 617.4% volatile
65 Mongolia 18,238 number 2024 up 41.0% rising
66 Zambia 18,109 number 2024 up 92.6% rising
67 Switzerland 18,034 number 2022 down 23.6% falling
68 Georgia 17,783 number 2024 down 2.6% rising
69 Israel 17,470 number 2024 up 13.4% rising
70 Sri Lanka 17,447 number 2022 up 150.1% rising
71 Greece 16,000 number 2024 up 167.1% rising
72 Argentina 15,818 number 2024 up 50.2% rising
73 Tunisia 14,870 number 2024 up 20.2% rising
74 Qatar 14,824 number 2018 up 239.6% volatile
75 Cyprus 14,444 number 2024 up 29.3% falling
76 Croatia 14,324 number 2024 up 10.5% rising
77 Azerbaijan 14,215 number 2024 up 109.0% rising
78 Myanmar 14,051 number 2018 up 1,895.9% volatile
79 Senegal 13,136 number 2024 up 406.0% volatile
80 Panama 13,048 number 2022 down 56.8% falling
81 Mauritius 12,614 number 2024 up 77.9% rising
82 Namibia 12,117 number 2024 down 22.1% rising
83 Guatemala 11,909 number 2024 up 153.0% rising
84 Puerto Rico 11,218 number 2020 up 133.2% rising
85 Cayman Islands 11,197 number 2024 up 1.7% rising
86 Dominican Republic 10,204 number 2018 up 213.3% rising
87 Burkina Faso 10,046 number 2024 up 555.3% volatile
88 Kyrgyzstan 9,638 number 2024 up 335.3% volatile
89 Luxembourg 9,137 number 2024 down 9.5% rising
91 Serbia 8,788 number 2024 up 9.6% falling
92 Armenia 8,381 number 2024 up 164.6% volatile
93 Kuwait 8,357 number 2024 up 339.1% volatile
94 Latvia 8,218 number 2024 down 41.5% falling
95 Laos 7,941 number 2024 up 723.8% volatile
96 Paraguay 7,915 number 2024 up 1,528.6% volatile
97 Belarus 7,820 number 2022 up 1.9% rising
98 Cape Verde 7,719 number 2024 up 610.8% volatile
99 Bahrain 7,580 number 2024 up 426.8% volatile
100 Moldova 7,478 number 2024 up 52.1% rising
101 Bangladesh 7,365 number 2024 down 0.4% flat
102 Burundi 7,263 number 2024 up 232.6% volatile
103 Uruguay 7,187 number 2024 up 15.8% rising
104 Montenegro 7,136 number 2024 up 132.1% rising
105 Democratic Republic of Congo 6,095 number 2024 up 244.0% volatile
106 North Macedonia 6,045 number 2024 up 15.8% falling
107 Austria 5,982 number 2023 down 0.1% rising
108 Oman 5,804 number 2020 up 52.3% rising
109 Togo 5,665 number 2024 up 521.8% volatile
110 Guinea 5,626 number 2024 up 610.4% volatile
111 Benin 5,522 number 2024 up 265.2% volatile
112 Jamaica 5,393 number 2024 up 203.8% rising
113 Tanzania 5,276 number 2018 up 3.5% rising
114 Cambodia 5,138 number 2024 up 33.5% rising
115 Jordan 5,009 number 2024 up 15.0% rising
116 El Salvador 4,862 number 2024 up 134.1% rising
117 Trinidad and Tobago 4,344 number 2020 up 28.8% rising
118 Afghanistan 4,274 number 2018 up 17.0% falling
119 Albania 4,126 number 2024 up 85.9% rising
120 Lithuania 4,011 number 2024 down 52.7% falling
121 Mozambique 3,925 number 2020 up 51.3% rising
122 Bolivia 3,712 number 2023 up 3.3% flat
122 Sierra Leone 3,712 number 2024 up 444.3% volatile
124 Belize 3,710 number 2024 up 466.4% volatile
125 Slovenia 3,545 number 2024 down 43.2% falling
126 Eswatini 3,405 number 2024 up 41.8% rising
127 Bosnia and Herzegovina 3,369 number 2024 up 53.7% rising
128 Malta 3,247 number 2024 down 35.2% rising
129 Iraq 3,037 number 2022 up 20.1% falling
130 Iceland 2,925 number 2024 up 41.8% rising
131 Mali 2,741 number 2020 up 217.2% volatile
132 Honduras 2,628 number 2024 up 35.5% rising
133 Gabon 2,373 number 2024 up 46.5% rising
134 Mauritania 2,329 number 2024 up 138.1% rising
135 Madagascar 2,206 number 2024 up 41.7% rising
136 Gambia 2,196 number 2024 up 40.9% rising
137 Lesotho 1,981 number 2020 up 15.2% rising
138 Maldives 1,928 number 2023 up 167.8% rising
139 East Timor 1,911 number 2022 up 13.3% falling
140 Isle of Man 1,770 number 2024 down 15.4% falling
141 South Sudan 1,765 number 2016 up 430.0% volatile
142 Fiji 1,665 number 2024 up 85.8% volatile
143 Guyana 1,546 number 2024 up 389.2% volatile
144 Barbados 1,517 number 2024 up 37.3% rising
145 Congo 1,437 number 2024 up 2,717.7% volatile
146 Chad 1,391 number 2024 up 28.1% rising
147 Niger 1,371 number 2024 up 540.7% volatile
148 United States Virgin Islands 1,267 number 2024 up 10.9% rising
149 Suriname 1,147 number 2022 up 96.7% volatile
150 Tajikistan 831 number 2018 down 23.1% volatile
151 Saint Kitts and Nevis 619 number 2024 up 176.3% rising
152 Guinea-Bissau 598 number 2024 up 35.6% rising
153 Palestine 525 number 2024 down 37.6% falling
154 Djibouti 521 number 2024 up 130.5% rising
155 Solomon Islands 444 number 2018 up 886.7% volatile
156 Liechtenstein 407 number 2024 up 1,303.5% volatile
157 Comoros 387 number 2024 up 204.7% volatile
158 Haiti 383 number 2010 rising
159 Seychelles 370 number 2024 up 88.8% rising
160 Saint Vincent and the Grenadines 323 number 2020 up 132.4% rising
161 Antigua and Barbuda 275 number 2024 up 11.8% rising
162 Sao Tome and Principe 268 number 2020 down 8.2% falling
163 Central African Republic 258 number 2024 up 323.0% rising
163 Vanuatu 258 number 2018 up 290.9% volatile
165 Grenada 217 number 2020 up 47.6% rising
166 Somalia 195 number 2024 down 87.0% volatile
167 Dominica 171 number 2024 up 14.0% rising
168 Liberia 167 number 2024 up 328.2% volatile
169 Brunei 157 number 2024 down 65.6% volatile
170 Saint Lucia 139 number 2024 down 56.4% falling
171 Nauru 108 number 2024 up 0.9% volatile
172 Samoa 86 number 2022 down 2.3% rising
173 Tonga 42 number 2024 down 35.4% volatile
174 Bhutan 40 number 2022 down 43.7% volatile
175 Tuvalu 7 number 2022 up 133.3% rising
176 Kiribati 2 number 2018 unchanged falling

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

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.