New businesses registered in Bhutan

Bhutan: New businesses registered was 40 number in 2022. ◆ Volatile

Latest (2022)
40 number
Change on year
down 11.1%
World rank
174th
of 176 countries
All-time high
71 number
in 2012
All-time low
10 number
in 2006
Years of data
17
2006–2022

New businesses registered in Bhutan, 2006–2022

0204060802006201420222006: 10 number2007: 10 number2008: 18 number2009: 12 number2010: 15 number2011: 22 number2012: 71 number2013: 23 number2014: 24 number2015: 35 number2016: 48 number2017: 68 number2018: 43 number2019: 50 number2020: 42 number2021: 45 number2022: 40 number

Source: Entrepreneurship Database, World Bank (WB). Measured in number.

Analysis

The most recent figure for new businesses registered in Bhutan is 40 number, measured in 2022.

The figure is down 11.1% on the previous year and down 43.7% over ten years.

Over the whole period, new businesses registered in Bhutan peaked at 71 number in 2012 and was at its lowest, 10 number, in 2006.

Bhutan ranks 174th of 176 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.5 number 10 number 18 number 4
2010s 39.9 number 15 number 71 number 10
2020s 42.33 number 40 number 45 number 3

Countries ranked near Bhutan

  1. 171 Nauru 108 number compare
  2. 172 Samoa 86 number compare
  3. 173 Tonga 42 number compare
  4. 175 Tuvalu 7 number compare
  5. 176 Kiribati 2 number compare

See the full ranking of 176 places →

More private sector data for Bhutan

All data for Bhutan →

Frequently asked questions

What is new businesses registered in Bhutan?
New businesses registered in Bhutan was 40 number in 2022, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Bhutan?
The highest recorded value was 71 number in 2012.
What is the lowest new businesses registered recorded in Bhutan?
The lowest recorded value was 10 number in 2006.
How does Bhutan rank for new businesses registered?
Bhutan ranks 174th out of 176 countries with data for 2022.
Is new businesses registered rising or falling in Bhutan?
Over the last ten years it is down 43.7%. The long-run trend across the full record is volatile.
Where does this Bhutan 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.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.