New businesses registered in Guinea

Guinea: New businesses registered was 5,626 number in 2024. ◆ Volatile

Latest (2024)
5,626 number
Change on year
down 42.0%
World rank
110th
of 176 countries
All-time high
9,706 number
in 2023
All-time low
792 number
in 2014
Years of data
11
2014–2024

New businesses registered in Guinea, 2014–2024

02.0k4.0k6.0k8.0k10.0k2014201920242014: 792 number2015: 1.4k number2016: 1.9k number2017: 2.3k number2018: 2.8k number2019: 3.3k number2020: 3.3k number2021: 4.5k number2022: 4.8k number2023: 9.7k number2024: 5.6k number

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

Analysis

Guinea recorded 5,626 number for new businesses registered in 2024.

That represents a change of down 42.0% on the previous year and up 610.4% over ten years.

Over the whole period, new businesses registered in Guinea peaked at 9,706 number in 2023 and was at its lowest, 792 number, in 2014.

Guinea ranks 110th 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

DecadeAverage LowestHighest Years
2010s 2,086 number 792 number 3,287 number 6
2020s 5,568 number 3,277 number 9,706 number 5

Countries ranked near Guinea

  1. 107 Austria 5,982 number compare
  2. 108 Oman 5,804 number compare
  3. 109 Togo 5,665 number compare
  4. 111 Benin 5,522 number compare
  5. 112 Jamaica 5,393 number compare
  6. 113 Tanzania 5,276 number compare

See the full ranking of 176 places →

More private sector data for Guinea

All data for Guinea →

Frequently asked questions

What is new businesses registered in Guinea?
New businesses registered in Guinea was 5,626 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Guinea?
The highest recorded value was 9,706 number in 2023.
What is the lowest new businesses registered recorded in Guinea?
The lowest recorded value was 792 number in 2014.
How does Guinea rank for new businesses registered?
Guinea ranks 110th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Guinea?
Over the last ten years it is up 610.4%. The long-run trend across the full record is volatile.
Where does this Guinea 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

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.