New businesses registered in Namibia
Namibia: New businesses registered was 12,117 number in 2024. ▲ Rising
New businesses registered in Namibia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Namibia stood at 12,117 number.
The figure is up 5.1% on the previous year and down 22.1% over ten years.
Over the whole period, new businesses registered in Namibia peaked at 17,999 number in 2016 and was at its lowest, 2,885 number, in 2006.
That places Namibia 82nd out of 176 countries with data for 2024, putting it 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 | 4,826 number | 2,885 number | 6,372 number | 4 |
| 2010s | 12,840 number | 6,586 number | 17,999 number | 10 |
| 2020s | 11,790 number | 9,732 number | 13,279 number | 5 |
Countries ranked near Namibia
More private sector data for Namibia
- Merchandise exports 7.02 billion current US$ (2025)
- Manufactures exports 18.4% (2024)
- Food exports 28.0% (2024)
- Merchandise imports 8.43 billion current US$ (2025)
- Manufactures imports 60.4% (2024)
- Food imports 13.2% (2024)
- Merchandise trade 102.4% (2025)
- Commercial service exports 1.25 billion current US$ (2024)
- Transport services 13.2% (2024)
- Computer, communications and other services 80.2% (2024)
Frequently asked questions
- What is new businesses registered in Namibia?
- New businesses registered in Namibia was 12,117 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Namibia?
- The highest recorded value was 17,999 number in 2016.
- What is the lowest new businesses registered recorded in Namibia?
- The lowest recorded value was 2,885 number in 2006.
- How does Namibia rank for new businesses registered?
- Namibia ranks 82nd out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Namibia?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is rising.
- Where does this Namibia 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
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.