New businesses registered in Benin
Benin: New businesses registered was 5,522 number in 2024. ◆ Volatile
New businesses registered in Benin, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Benin stood at 5,522 number.
Compared with earlier readings it is down 8.6% on the previous year and up 265.2% over ten years.
Over the whole period, new businesses registered in Benin peaked at 6,043 number in 2023 and was at its lowest, 132 number, in 2006.
That places Benin 111th 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 | 171.25 number | 132 number | 206 number | 4 |
| 2010s | 2,046 number | 199 number | 3,632 number | 10 |
| 2020s | 5,473 number | 4,256 number | 6,043 number | 5 |
Countries ranked near Benin
More private sector data for Benin
- Merchandise exports 3.99 billion current US$ (2025)
- Manufactures exports 7.4% (2024)
- Food exports 39.7% (2024)
- Merchandise imports 4.95 billion current US$ (2025)
- Manufactures imports 50.1% (2024)
- Food imports 33.3% (2024)
- Merchandise trade 36.4% (2025)
- Commercial service exports 451.05 million current US$ (2023)
- Transport services 41.1% (2023)
- Computer, communications and other services 52.9% (2023)
Frequently asked questions
- What is new businesses registered in Benin?
- New businesses registered in Benin was 5,522 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Benin?
- The highest recorded value was 6,043 number in 2023.
- What is the lowest new businesses registered recorded in Benin?
- The lowest recorded value was 132 number in 2006.
- How does Benin rank for new businesses registered?
- Benin ranks 111th out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Benin?
- Over the last ten years it is up 265.2%. The long-run trend across the full record is volatile.
- Where does this Benin 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.