New businesses registered in Ecuador
Ecuador: New businesses registered was 19,317 number in 2024. ◆ Volatile
New businesses registered in Ecuador, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Ecuador recorded 19,317 number for new businesses registered in 2024.
Compared with earlier readings it is down 3.3% on the previous year and up 150.2% over ten years.
Over the whole period, new businesses registered in Ecuador peaked at 19,971 number in 2023 and was at its lowest, 3,649 number, in 2006.
Ecuador ranks 62nd of 176 countries on this measure, 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 | 4,064 number | 3,649 number | 4,442 number | 4 |
| 2010s | 7,266 number | 5,471 number | 9,430 number | 10 |
| 2020s | 16,769 number | 10,304 number | 19,971 number | 5 |
Countries ranked near Ecuador
More private sector data for Ecuador
- Merchandise exports 37.15 billion current US$ (2025)
- Manufactures exports 4.9% (2024)
- Food exports 53.7% (2024)
- Merchandise imports 32.65 billion current US$ (2025)
- Manufactures imports 59.2% (2024)
- Food imports 12.2% (2024)
- Merchandise trade 53.6% (2025)
- Commercial service exports 4.02 billion current US$ (2025)
- Transport services 35.5% (2025)
- Computer, communications and other services 27.1% (2025)
Frequently asked questions
- What is new businesses registered in Ecuador?
- New businesses registered in Ecuador was 19,317 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Ecuador?
- The highest recorded value was 19,971 number in 2023.
- What is the lowest new businesses registered recorded in Ecuador?
- The lowest recorded value was 3,649 number in 2006.
- How does Ecuador rank for new businesses registered?
- Ecuador ranks 62nd out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Ecuador?
- Over the last ten years it is up 150.2%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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.