New businesses registered in Russia

Russia: New businesses registered was 214,957 number in 2024. ▼ Falling

Latest (2024)
214,957 number
Change on year
down 10.9%
World rank
7th
of 176 countries
All-time high
456,046 number
in 2015
All-time low
157,281 number
in 2011
Years of data
19
2006–2024

New businesses registered in Russia, 2006–2024

200.0k300.0k400.0k500.0k2006201520242006: 419.3k number2007: 403.9k number2008: 415.7k number2009: 257.2k number2010: 258.3k number2011: 157.3k number2012: 398.0k number2013: 398.8k number2014: 427.4k number2015: 456.0k number2016: 433.5k number2017: 390.3k number2018: 317.5k number2019: 281.8k number2020: 214.9k number2021: 221.8k number2022: 240.5k number2023: 241.2k number2024: 215.0k number

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

Analysis

In 2024, new businesses registered in Russia stood at 214,957 number.

Compared with earlier readings it is down 10.9% on the previous year and down 49.7% over ten years.

Over the whole period, new businesses registered in Russia peaked at 456,046 number in 2015 and was at its lowest, 157,281 number, in 2011.

That places Russia 7th out of 176 countries with data for 2024, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 374,024 number 257,170 number 419,318 number 4
2010s 351,885 number 157,281 number 456,046 number 10
2020s 226,666 number 214,895 number 241,246 number 5

Countries ranked near Russia

  1. 4 Australia 316,561 number compare
  2. 5 China 286,640 number compare
  3. 6 France 286,548 number compare
  4. 8 Indonesia 182,200 number compare
  5. 9 India 173,712 number compare
  6. 10 Hong Kong 145,053 number compare

See the full ranking of 176 places →

More private sector data for Russia

All data for Russia →

Frequently asked questions

What is new businesses registered in Russia?
New businesses registered in Russia was 214,957 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Russia?
The highest recorded value was 456,046 number in 2015.
What is the lowest new businesses registered recorded in Russia?
The lowest recorded value was 157,281 number in 2011.
How does Russia rank for new businesses registered?
Russia ranks 7th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Russia?
Over the last ten years it is down 49.7%. The long-run trend across the full record is falling.
Where does this Russia 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.