New businesses registered in Gambia
Gambia: New businesses registered was 2,196 number in 2024. ▲ Rising
New businesses registered in Gambia, 2014–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Gambia stood at 2,196 number.
The figure is down 10.3% on the previous year and up 40.9% over ten years.
Over the whole period, new businesses registered in Gambia peaked at 3,703 number in 2020 and was at its lowest, 1,013 number, in 2015.
That places Gambia 136th out of 176 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,662 number | 1,013 number | 2,480 number | 6 |
| 2020s | 2,928 number | 2,196 number | 3,703 number | 5 |
Countries ranked near Gambia
- 133 Gabon 2,373 number compare
- 134 Mauritania 2,329 number compare
- 135 Madagascar 2,206 number compare
- 137 Lesotho 1,981 number compare
- 138 Maldives 1,928 number compare
- 139 East Timor 1,911 number compare
More private sector data for Gambia
- Merchandise exports 514.00 million current US$ (2025)
- Manufactures exports 1.0% (2024)
- Food exports 90.7% (2024)
- Merchandise imports 894.00 million current US$ (2025)
- Manufactures imports 44.7% (2024)
- Food imports 22.0% (2024)
- Merchandise trade 54.3% (2025)
- Commercial service exports 484.54 million current US$ (2024)
- Transport services 66.7% (2024)
- Computer, communications and other services 6.5% (2024)
Frequently asked questions
- What is new businesses registered in Gambia?
- New businesses registered in Gambia was 2,196 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Gambia?
- The highest recorded value was 3,703 number in 2020.
- What is the lowest new businesses registered recorded in Gambia?
- The lowest recorded value was 1,013 number in 2015.
- How does Gambia rank for new businesses registered?
- Gambia ranks 136th out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Gambia?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is rising.
- Where does this Gambia 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 — 11 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.