New businesses registered in Cyprus
Cyprus: New businesses registered was 14,444 number in 2024. ▼ Falling
New businesses registered in Cyprus, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Cyprus is 14,444 number, measured in 2024.
Compared with earlier readings it is up 14.0% on the previous year and up 29.3% over ten years.
Over the whole period, new businesses registered in Cyprus peaked at 29,016 number in 2007 and was at its lowest, 10,847 number, in 2013.
Cyprus ranks 75th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,462 number | 16,101 number | 29,016 number | 4 |
| 2010s | 14,473 number | 10,847 number | 19,538 number | 10 |
| 2020s | 12,672 number | 11,053 number | 14,444 number | 5 |
Countries ranked near Cyprus
More private sector data for Cyprus
- Merchandise exports 6.19 billion current US$ (2025)
- Manufactures exports 22.2% (2024)
- Food exports 22.5% (2024)
- Merchandise imports 15.29 billion current US$ (2025)
- Manufactures imports 59.4% (2024)
- Food imports 15.3% (2024)
- Merchandise trade 52.1% (2025)
- Commercial service exports 35.55 billion current US$ (2025)
- Transport services 19.3% (2025)
- Computer, communications and other services 54.2% (2025)
Frequently asked questions
- What is new businesses registered in Cyprus?
- New businesses registered in Cyprus was 14,444 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Cyprus?
- The highest recorded value was 29,016 number in 2007.
- What is the lowest new businesses registered recorded in Cyprus?
- The lowest recorded value was 10,847 number in 2013.
- How does Cyprus rank for new businesses registered?
- Cyprus ranks 75th out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Cyprus?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is falling.
- Where does this Cyprus 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 — 19 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.