New businesses registered in Armenia
Armenia: New businesses registered was 8,381 number in 2024. ◆ Volatile
New businesses registered in Armenia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Armenia recorded 8,381 number for new businesses registered in 2024.
The figure is down 16.8% on the previous year and up 164.6% over ten years.
Over the whole period, new businesses registered in Armenia peaked at 11,723 number in 2022 and was at its lowest, 2,474 number, in 2006.
That places Armenia 92nd out of 176 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,921 number | 2,474 number | 3,344 number | 4 |
| 2010s | 3,916 number | 2,527 number | 6,877 number | 10 |
| 2020s | 8,529 number | 5,700 number | 11,723 number | 5 |
Countries ranked near Armenia
More private sector data for Armenia
- Merchandise exports 8.39 billion current US$ (2025)
- Manufactures exports 29.5% (2024)
- Food exports 9.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Manufactures imports 43.4% (2024)
- Food imports 8.4% (2024)
- Merchandise trade 73.3% (2025)
- Commercial service exports 6.09 billion current US$ (2025)
- Transport services 28.5% (2025)
- Computer, communications and other services 11.5% (2025)
Frequently asked questions
- What is new businesses registered in Armenia?
- New businesses registered in Armenia was 8,381 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Armenia?
- The highest recorded value was 11,723 number in 2022.
- What is the lowest new businesses registered recorded in Armenia?
- The lowest recorded value was 2,474 number in 2006.
- How does Armenia rank for new businesses registered?
- Armenia ranks 92nd out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Armenia?
- Over the last ten years it is up 164.6%. The long-run trend across the full record is volatile.
- Where does this Armenia 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.
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About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.