New businesses registered in Philippines
Philippines: New businesses registered was 39,146 number in 2024. ▲ Rising
New businesses registered in Philippines, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Philippines recorded 39,146 number for new businesses registered in 2024. That is the highest value across all 19 years on record.
The figure is up 7.8% on the previous year and up 85.8% over ten years.
Over the whole period, new businesses registered in Philippines peaked at 39,146 number in 2024 and was at its lowest, 11,435 number, in 2009.
That places Philippines 41st 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12,629 number | 11,435 number | 13,470 number | 4 |
| 2010s | 19,919 number | 11,714 number | 24,379 number | 10 |
| 2020s | 29,635 number | 15,161 number | 39,146 number | 5 |
Countries ranked near Philippines
More private sector data for Philippines
- Merchandise exports 83.72 billion current US$ (2025)
- Manufactures exports 77.2% (2024)
- Food exports 10.4% (2024)
- Merchandise imports 141.20 billion current US$ (2025)
- Manufactures imports 65.2% (2024)
- Food imports 15.0% (2024)
- Merchandise trade 46.2% (2025)
- Commercial service exports 51.45 billion current US$ (2025)
- Transport services 19.5% (2025)
- Computer, communications and other services 29.8% (2025)
Frequently asked questions
- What is new businesses registered in Philippines?
- New businesses registered in Philippines was 39,146 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Philippines?
- The highest recorded value was 39,146 number in 2024.
- What is the lowest new businesses registered recorded in Philippines?
- The lowest recorded value was 11,435 number in 2009.
- How does Philippines rank for new businesses registered?
- Philippines ranks 41st out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Philippines?
- Over the last ten years it is up 85.8%. The long-run trend across the full record is rising.
- Where does this Philippines 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.