New businesses registered in Azerbaijan
Azerbaijan: New businesses registered was 14,215 number in 2024. ▲ Rising
New businesses registered in Azerbaijan, 2008–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Azerbaijan recorded 14,215 number for new businesses registered in 2024.
Compared with earlier readings it is down 8.9% on the previous year and up 109.0% over ten years.
Over the whole period, new businesses registered in Azerbaijan peaked at 15,687 number in 2019 and was at its lowest, 3,541 number, in 2010.
Azerbaijan ranks 77th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,415 number | 4,677 number | 6,153 number | 2 |
| 2010s | 7,713 number | 3,541 number | 15,687 number | 10 |
| 2020s | 13,203 number | 9,165 number | 15,606 number | 5 |
Countries ranked near Azerbaijan
More private sector data for Azerbaijan
- Merchandise exports 25.04 billion current US$ (2025)
- Manufactures exports 5.3% (2025)
- Food exports 5.2% (2025)
- Merchandise imports 24.38 billion current US$ (2025)
- Manufactures imports 53.0% (2025)
- Food imports 12.4% (2025)
- Merchandise trade 65.1% (2025)
- Commercial service exports 8.56 billion current US$ (2025)
- Transport services 17.1% (2025)
- Computer, communications and other services 65.0% (2025)
Frequently asked questions
- What is new businesses registered in Azerbaijan?
- New businesses registered in Azerbaijan was 14,215 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Azerbaijan?
- The highest recorded value was 15,687 number in 2019.
- What is the lowest new businesses registered recorded in Azerbaijan?
- The lowest recorded value was 3,541 number in 2010.
- How does Azerbaijan rank for new businesses registered?
- Azerbaijan ranks 77th out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Azerbaijan?
- Over the last ten years it is up 109.0%. The long-run trend across the full record is rising.
- Where does this Azerbaijan 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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CSV · JSON — 17 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.