New businesses registered in Estonia

Estonia: New businesses registered was 23,154 number in 2024. ▲ Rising

Latest (2024)
23,154 number
Change on year
up 7.7%
World rank
55th
of 176 countries
All-time high
24,728 number
in 2021
All-time low
8,183 number
in 2009
Years of data
19
2006–2024

New businesses registered in Estonia, 2006–2024

10.0k15.0k20.0k25.0k2006201520242006: 12.1k number2007: 11.6k number2008: 9.7k number2009: 8.2k number2010: 9.2k number2011: 13.1k number2012: 13.5k number2013: 14.2k number2014: 13.9k number2015: 15.0k number2016: 16.6k number2017: 18.5k number2018: 19.9k number2019: 20.9k number2020: 20.3k number2021: 24.7k number2022: 20.6k number2023: 21.5k number2024: 23.2k number

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

Analysis

In 2024, new businesses registered in Estonia stood at 23,154 number.

Compared with earlier readings it is up 7.7% on the previous year and up 67.0% over ten years.

Over the whole period, new businesses registered in Estonia peaked at 24,728 number in 2021 and was at its lowest, 8,183 number, in 2009.

That places Estonia 55th out of 176 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10,378 number 8,183 number 12,070 number 4
2010s 15,487 number 9,212 number 20,899 number 10
2020s 22,062 number 20,329 number 24,728 number 5

Countries ranked near Estonia

  1. 52 Algeria 24,482 number compare
  2. 53 Hungary 23,691 number compare
  3. 54 Ireland 23,440 number compare
  4. 56 Rwanda 22,734 number compare
  5. 57 Costa Rica 22,333 number compare
  6. 58 Botswana 21,456 number compare

See the full ranking of 176 places →

More private sector data for Estonia

All data for Estonia →

Frequently asked questions

What is new businesses registered in Estonia?
New businesses registered in Estonia was 23,154 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Estonia?
The highest recorded value was 24,728 number in 2021.
What is the lowest new businesses registered recorded in Estonia?
The lowest recorded value was 8,183 number in 2009.
How does Estonia rank for new businesses registered?
Estonia ranks 55th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Estonia?
Over the last ten years it is up 67.0%. The long-run trend across the full record is rising.
Where does this Estonia 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

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.