New businesses registered in Laos

Laos: New businesses registered was 7,941 number in 2024. ◆ Volatile

Latest (2024)
7,941 number
Change on year
up 21.2%
World rank
95th
of 176 countries
All-time high
7,941 number
in 2024
All-time low
553 number
in 2008
Years of data
17
2008–2024

New businesses registered in Laos, 2008–2024

02.0k4.0k6.0k8.0k2008201620242008: 553 number2009: 1.7k number2010: 745 number2011: 794 number2012: 1.3k number2013: 1.3k number2014: 964 number2015: 1.0k number2016: 1.1k number2017: 1.3k number2018: 1.6k number2019: 3.3k number2020: 2.7k number2021: 2.9k number2022: 4.5k number2023: 6.6k number2024: 7.9k number

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

Analysis

The most recent figure for new businesses registered in Laos is 7,941 number, measured in 2024. That is the highest value across all 17 years on record.

That represents a change of up 21.2% on the previous year and up 723.8% over ten years.

Over the whole period, new businesses registered in Laos peaked at 7,941 number in 2024 and was at its lowest, 553 number, in 2008.

That places Laos 95th out of 176 countries with data for 2024, putting it 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
2000s 1,137 number 553 number 1,721 number 2
2010s 1,339 number 745 number 3,265 number 10
2020s 4,929 number 2,743 number 7,941 number 5

Countries ranked near Laos

  1. 92 Armenia 8,381 number compare
  2. 93 Kuwait 8,357 number compare
  3. 94 Latvia 8,218 number compare
  4. 96 Paraguay 7,915 number compare
  5. 97 Belarus 7,820 number compare
  6. 98 Cape Verde 7,719 number compare

See the full ranking of 176 places →

More private sector data for Laos

All data for Laos →

Frequently asked questions

What is new businesses registered in Laos?
New businesses registered in Laos was 7,941 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Laos?
The highest recorded value was 7,941 number in 2024.
What is the lowest new businesses registered recorded in Laos?
The lowest recorded value was 553 number in 2008.
How does Laos rank for new businesses registered?
Laos ranks 95th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Laos?
Over the last ten years it is up 723.8%. The long-run trend across the full record is volatile.
Where does this Laos 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 — 17 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.