New businesses registered in Montenegro
Montenegro: New businesses registered was 7,136 number in 2024. ▲ Rising
New businesses registered in Montenegro, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Montenegro is 7,136 number, measured in 2024.
That represents a change of down 19.5% on the previous year and up 132.1% over ten years.
Over the whole period, new businesses registered in Montenegro peaked at 8,964 number in 2022 and was at its lowest, 2,334 number, in 2009.
Montenegro ranks 104th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,266 number | 2,334 number | 4,276 number | 4 |
| 2010s | 3,103 number | 2,356 number | 4,694 number | 10 |
| 2020s | 6,556 number | 3,271 number | 8,964 number | 5 |
Countries ranked near Montenegro
- 101 Bangladesh 7,365 number compare
- 102 Burundi 7,263 number compare
- 103 Uruguay 7,187 number compare
- 105 Democratic Republic of Congo 6,095 number compare
- 106 North Macedonia 6,045 number compare
- 107 Austria 5,982 number compare
More private sector data for Montenegro
- Merchandise exports 646.00 million current US$ (2025)
- Manufactures exports 35.1% (2024)
- Food exports 16.8% (2024)
- Merchandise imports 5.06 billion current US$ (2025)
- Manufactures imports 63.7% (2024)
- Food imports 23.6% (2024)
- Merchandise trade 61.8% (2025)
- Commercial service exports 3.07 billion current US$ (2025)
- Transport services 51.7% (2025)
- Computer, communications and other services 38.2% (2025)
Frequently asked questions
- What is new businesses registered in Montenegro?
- New businesses registered in Montenegro was 7,136 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Montenegro?
- The highest recorded value was 8,964 number in 2022.
- What is the lowest new businesses registered recorded in Montenegro?
- The lowest recorded value was 2,334 number in 2009.
- How does Montenegro rank for new businesses registered?
- Montenegro ranks 104th out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Montenegro?
- Over the last ten years it is up 132.1%. The long-run trend across the full record is rising.
- Where does this Montenegro 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 — 19 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.