New businesses registered in Canada

Canada: New businesses registered was 131,783 number in 2022. ▲ Rising

Latest (2022)
131,783 number
Change on year
down 1.7%
World rank
14th
of 176 countries
All-time high
134,054 number
in 2021
All-time low
3,052 number
in 2017
Years of data
6
2017–2022

New businesses registered in Canada, 2017–2022

050.0k100.0k150.0k2017201920222017: 3.1k number2018: 86.9k number2019: 91.7k number2020: 108.5k number2021: 134.1k number2022: 131.8k number

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

Analysis

Canada recorded 131,783 number for new businesses registered in 2022.

That represents a change of down 1.7% on the previous year and up 4,217.9% over ten years.

That places Canada 14th out of 176 countries with data for 2022, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 60,549 number 3,052 number 91,726 number 3
2020s 124,775 number 108,488 number 134,054 number 3

Countries ranked near Canada

  1. 11 Saudi Arabia 141,067 number compare
  2. 12 Nigeria 136,961 number compare
  3. 13 Vietnam 136,757 number compare
  4. 15 South Korea 128,455 number compare
  5. 16 Chile 123,159 number compare
  6. 17 Spain 118,193 number compare

See the full ranking of 176 places →

More private sector data for Canada

All data for Canada →

Frequently asked questions

What is new businesses registered in Canada?
New businesses registered in Canada was 131,783 number in 2022, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Canada?
The highest recorded value was 134,054 number in 2021.
What is the lowest new businesses registered recorded in Canada?
The lowest recorded value was 3,052 number in 2017.
How does Canada rank for new businesses registered?
Canada ranks 14th out of 176 countries with data for 2022.
Is new businesses registered rising or falling in Canada?
Over the last ten years it is up 4,217.9%. The long-run trend across the full record is rising.
Where does this Canada 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 — 6 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.