New businesses registered in Kenya

Kenya: New businesses registered was 58,919 number in 2024. ▲ Rising

Latest (2024)
58,919 number
Change on year
up 3.3%
World rank
30th
of 176 countries
All-time high
58,919 number
in 2024
All-time low
37,733 number
in 2017
Years of data
8
2017–2024

New businesses registered in Kenya, 2017–2024

020.0k40.0k60.0k2017202020242017: 37.7k number2018: 44.4k number2019: 42.1k number2020: 49.0k number2021: 48.4k number2022: 52.2k number2023: 57.0k number2024: 58.9k number

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

Analysis

The most recent figure for new businesses registered in Kenya is 58,919 number, measured in 2024. That is the highest value across all 8 years on record.

The figure is up 3.3% on the previous year and up 56.1% over ten years.

That places Kenya 30th out of 176 countries with data for 2024, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 41,400 number 37,733 number 44,381 number 3
2020s 53,102 number 48,386 number 58,919 number 5

Countries ranked near Kenya

  1. 27 Morocco 67,138 number compare
  2. 28 Uzbekistan 64,020 number compare
  3. 29 Malaysia 59,611 number compare
  4. 31 Poland 56,520 number compare
  5. 32 New Zealand 55,417 number compare
  6. 33 Singapore 52,248 number compare

See the full ranking of 176 places →

More private sector data for Kenya

All data for Kenya →

Frequently asked questions

What is new businesses registered in Kenya?
New businesses registered in Kenya was 58,919 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Kenya?
The highest recorded value was 58,919 number in 2024.
What is the lowest new businesses registered recorded in Kenya?
The lowest recorded value was 37,733 number in 2017.
How does Kenya rank for new businesses registered?
Kenya ranks 30th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Kenya?
Over the last ten years it is up 56.1%. The long-run trend across the full record is rising.
Where does this Kenya 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 — 8 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.