New businesses registered in Hungary

Hungary: New businesses registered was 23,691 number in 2024. ▼ Falling

Latest (2024)
23,691 number
Change on year
down 5.6%
World rank
53rd
of 176 countries
All-time high
52,726 number
in 2011
All-time low
21,742 number
in 2015
Years of data
19
2006–2024

New businesses registered in Hungary, 2006–2024

020.0k40.0k60.0k2006201520242006: 22.3k number2007: 27.7k number2008: 44.1k number2009: 42.4k number2010: 44.7k number2011: 52.7k number2012: 32.7k number2013: 28.6k number2014: 25.0k number2015: 21.7k number2016: 23.0k number2017: 23.5k number2018: 25.0k number2019: 26.1k number2020: 26.4k number2021: 31.5k number2022: 27.9k number2023: 25.1k number2024: 23.7k number

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

Analysis

The most recent figure for new businesses registered in Hungary is 23,691 number, measured in 2024.

The figure is down 5.6% on the previous year and down 5.4% over ten years.

Over the whole period, new businesses registered in Hungary peaked at 52,726 number in 2011 and was at its lowest, 21,742 number, in 2015.

That places Hungary 53rd out of 176 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 34,122 number 22,300 number 44,105 number 4
2010s 30,318 number 21,742 number 52,726 number 10
2020s 26,911 number 23,691 number 31,467 number 5

Countries ranked near Hungary

  1. 50 Nepal 25,859 number compare
  2. 51 Zimbabwe 25,601 number compare
  3. 52 Algeria 24,482 number compare
  4. 54 Ireland 23,440 number compare
  5. 55 Estonia 23,154 number compare
  6. 56 Rwanda 22,734 number compare

See the full ranking of 176 places →

More private sector data for Hungary

All data for Hungary →

Frequently asked questions

What is new businesses registered in Hungary?
New businesses registered in Hungary was 23,691 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Hungary?
The highest recorded value was 52,726 number in 2011.
What is the lowest new businesses registered recorded in Hungary?
The lowest recorded value was 21,742 number in 2015.
How does Hungary rank for new businesses registered?
Hungary ranks 53rd out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Hungary?
Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
Where does this Hungary 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.