New businesses registered in Ghana

Ghana: New businesses registered was 28,529 number in 2024. ▲ Rising

Latest (2024)
28,529 number
Change on year
down 41.3%
World rank
48th
of 176 countries
All-time high
48,634 number
in 2023
All-time low
7,651 number
in 2006
Years of data
19
2006–2024

New businesses registered in Ghana, 2006–2024

10.0k20.0k30.0k40.0k50.0k2006201520242006: 7.7k number2007: 9.6k number2008: 14.5k number2009: 15.3k number2010: 13.8k number2011: 15.6k number2012: 13.2k number2013: 21.6k number2014: 22.6k number2015: 18.5k number2016: 19.2k number2017: 27.5k number2018: 26.4k number2019: 25.2k number2020: 24.9k number2021: 24.3k number2022: 25.4k number2023: 48.6k number2024: 28.5k number

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

Analysis

In 2024, new businesses registered in Ghana stood at 28,529 number.

The figure is down 41.3% on the previous year and up 26.1% over ten years.

Over the whole period, new businesses registered in Ghana peaked at 48,634 number in 2023 and was at its lowest, 7,651 number, in 2006.

That places Ghana 48th 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 11,771 number 7,651 number 15,324 number 4
2010s 20,357 number 13,154 number 27,453 number 10
2020s 30,342 number 24,259 number 48,634 number 5

Countries ranked near Ghana

  1. 45 Pakistan 30,004 number compare
  2. 46 Czechia 29,877 number compare
  3. 47 Uganda 29,330 number compare
  4. 49 Denmark 25,969 number compare
  5. 50 Nepal 25,859 number compare
  6. 51 Zimbabwe 25,601 number compare

See the full ranking of 176 places →

More private sector data for Ghana

All data for Ghana →

Frequently asked questions

What is new businesses registered in Ghana?
New businesses registered in Ghana was 28,529 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Ghana?
The highest recorded value was 48,634 number in 2023.
What is the lowest new businesses registered recorded in Ghana?
The lowest recorded value was 7,651 number in 2006.
How does Ghana rank for new businesses registered?
Ghana ranks 48th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Ghana?
Over the last ten years it is up 26.1%. The long-run trend across the full record is rising.
Where does this Ghana 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.