New businesses registered in Maldives
Maldives: New businesses registered was 1,928 number in 2023. ▲ Rising
New businesses registered in Maldives, 2006–2023
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2023, new businesses registered in Maldives stood at 1,928 number. That is the highest value across all 18 years on record.
The figure is up 18.5% on the previous year and up 167.8% over ten years.
Over the whole period, new businesses registered in Maldives peaked at 1,928 number in 2023 and was at its lowest, 720 number, in 2013.
Maldives ranks 138th of 176 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 972.75 number | 893 number | 1,073 number | 4 |
| 2010s | 1,020 number | 720 number | 1,285 number | 10 |
| 2020s | 1,522 number | 1,153 number | 1,928 number | 4 |
Countries ranked near Maldives
- 135 Madagascar 2,206 number compare
- 136 Gambia 2,196 number compare
- 137 Lesotho 1,981 number compare
- 139 East Timor 1,911 number compare
- 140 Isle of Man 1,770 number compare
- 141 South Sudan 1,765 number compare
More private sector data for Maldives
- Merchandise exports 444.00 million current US$ (2025)
- Manufactures exports 1.2% (2024)
- Food exports 94.4% (2024)
- Merchandise imports 3.62 billion current US$ (2025)
- Manufactures imports 53.7% (2024)
- Food imports 21.2% (2024)
- Merchandise trade 52.5% (2025)
- Commercial service exports 5.02 billion current US$ (2024)
- Transport services 26.5% (2024)
- Computer, communications and other services 40.0% (2024)
Frequently asked questions
- What is new businesses registered in Maldives?
- New businesses registered in Maldives was 1,928 number in 2023, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Maldives?
- The highest recorded value was 1,928 number in 2023.
- What is the lowest new businesses registered recorded in Maldives?
- The lowest recorded value was 720 number in 2013.
- How does Maldives rank for new businesses registered?
- Maldives ranks 138th out of 176 countries with data for 2023.
- Is new businesses registered rising or falling in Maldives?
- Over the last ten years it is up 167.8%. The long-run trend across the full record is rising.
- Where does this Maldives 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.
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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.