New businesses registered in Malaysia

Malaysia: New businesses registered was 59,611 number in 2024. ▲ Rising

Latest (2024)
59,611 number
Change on year
up 7.4%
World rank
29th
of 176 countries
All-time high
59,611 number
in 2024
All-time low
38,271 number
in 2006
Years of data
19
2006–2024

New businesses registered in Malaysia, 2006–2024

020.0k40.0k60.0k2006201520242006: 38.3k number2007: 43.3k number2008: 41.6k number2009: 41.4k number2010: 44.1k number2011: 45.5k number2012: 45.4k number2013: 47.7k number2014: 51.5k number2015: 48.6k number2016: 46.6k number2017: 52.1k number2018: 51.7k number2019: 50.9k number2020: 47.8k number2021: 49.0k number2022: 51.9k number2023: 55.5k number2024: 59.6k number

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

Analysis

Malaysia recorded 59,611 number for new businesses registered in 2024. That is the highest value across all 19 years on record.

The figure is up 7.4% on the previous year and up 15.7% over ten years.

Over the whole period, new businesses registered in Malaysia peaked at 59,611 number in 2024 and was at its lowest, 38,271 number, in 2006.

That places Malaysia 29th out of 176 countries with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 41,162 number 38,271 number 43,299 number 4
2010s 48,420 number 44,136 number 52,100 number 10
2020s 52,779 number 47,840 number 59,611 number 5

Countries ranked near Malaysia

  1. 26 Portugal 73,740 number compare
  2. 27 Morocco 67,138 number compare
  3. 28 Uzbekistan 64,020 number compare
  4. 30 Kenya 58,919 number compare
  5. 31 Poland 56,520 number compare
  6. 32 New Zealand 55,417 number compare

See the full ranking of 176 places →

More private sector data for Malaysia

All data for Malaysia →

Frequently asked questions

What is new businesses registered in Malaysia?
New businesses registered in Malaysia was 59,611 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Malaysia?
The highest recorded value was 59,611 number in 2024.
What is the lowest new businesses registered recorded in Malaysia?
The lowest recorded value was 38,271 number in 2006.
How does Malaysia rank for new businesses registered?
Malaysia ranks 29th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Malaysia?
Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
Where does this Malaysia 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.