New businesses registered in Luxembourg

Luxembourg: New businesses registered was 9,137 number in 2024. ▲ Rising

Latest (2024)
9,137 number
Change on year
up 6.4%
World rank
89th
of 176 countries
All-time high
12,644 number
in 2021
All-time low
6,372 number
in 2009
Years of data
17
2008–2024

New businesses registered in Luxembourg, 2008–2024

05.0k10.0k15.0k2008201620242008: 8.8k number2009: 6.4k number2010: 7.2k number2011: 7.9k number2012: 7.9k number2013: 9.2k number2014: 10.1k number2015: 9.3k number2016: 8.6k number2017: 8.9k number2018: 9.9k number2019: 9.8k number2020: 9.6k number2021: 12.6k number2022: 11.1k number2023: 8.6k number2024: 9.1k number

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

Analysis

The most recent figure for new businesses registered in Luxembourg is 9,137 number, measured in 2024.

The figure is up 6.4% on the previous year and down 9.5% over ten years.

Over the whole period, new businesses registered in Luxembourg peaked at 12,644 number in 2021 and was at its lowest, 6,372 number, in 2009.

Luxembourg ranks 89th of 176 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7,582 number 6,372 number 8,793 number 2
2010s 8,883 number 7,241 number 10,099 number 10
2020s 10,214 number 8,587 number 12,644 number 5

Countries ranked near Luxembourg

  1. 86 Dominican Republic 10,204 number compare
  2. 87 Burkina Faso 10,046 number compare
  3. 88 Kyrgyzstan 9,638 number compare
  4. 91 Serbia 8,788 number compare
  5. 92 Armenia 8,381 number compare

See the full ranking of 176 places →

More private sector data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is new businesses registered in Luxembourg?
New businesses registered in Luxembourg was 9,137 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Luxembourg?
The highest recorded value was 12,644 number in 2021.
What is the lowest new businesses registered recorded in Luxembourg?
The lowest recorded value was 6,372 number in 2009.
How does Luxembourg rank for new businesses registered?
Luxembourg ranks 89th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Luxembourg?
Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
Where does this Luxembourg 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.