New businesses registered in Guinea-Bissau
Guinea-Bissau: New businesses registered was 598 number in 2024. ▲ Rising
New businesses registered in Guinea-Bissau, 2012–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Guinea-Bissau recorded 598 number for new businesses registered in 2024.
Compared with earlier readings it is up 14.1% on the previous year and up 35.6% over ten years.
Over the whole period, new businesses registered in Guinea-Bissau peaked at 692 number in 2017 and was at its lowest, 324 number, in 2019.
That places Guinea-Bissau 152nd out of 176 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 482.62 number | 324 number | 692 number | 8 |
| 2020s | 538.6 number | 405 number | 636 number | 5 |
Countries ranked near Guinea-Bissau
- 149 Suriname 1,147 number compare
- 150 Tajikistan 831 number compare
- 151 Saint Kitts and Nevis 619 number compare
- 153 Palestine 525 number compare
- 154 Djibouti 521 number compare
- 155 Solomon Islands 444 number compare
More private sector data for Guinea-Bissau
- Merchandise exports 313.00 million current US$ (2025)
- Manufactures exports 0.0% (2015)
- Food exports 68.5% (2018)
- Merchandise imports 489.00 million current US$ (2025)
- Manufactures imports 38.6% (2018)
- Food imports 41.7% (2018)
- Merchandise trade 31.7% (2025)
- Commercial service exports 48.77 million current US$ (2024)
- Transport services 34.5% (2024)
- Computer, communications and other services 20.4% (2024)
Frequently asked questions
- What is new businesses registered in Guinea-Bissau?
- New businesses registered in Guinea-Bissau was 598 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Guinea-Bissau?
- The highest recorded value was 692 number in 2017.
- What is the lowest new businesses registered recorded in Guinea-Bissau?
- The lowest recorded value was 324 number in 2019.
- How does Guinea-Bissau rank for new businesses registered?
- Guinea-Bissau ranks 152nd out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Guinea-Bissau?
- Over the last ten years it is up 35.6%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau 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.
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CSV · JSON — 13 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.