New businesses registered in Thailand

Thailand: New businesses registered was 87,596 number in 2024. ▲ Rising

Latest (2024)
87,596 number
Change on year
up 2.7%
World rank
22nd
of 176 countries
All-time high
87,596 number
in 2024
All-time low
40,749 number
in 2007
Years of data
19
2006–2024

New businesses registered in Thailand, 2006–2024

020.0k40.0k60.0k80.0k2006201520242006: 46.9k number2007: 40.7k number2008: 42.8k number2009: 41.2k number2010: 50.8k number2011: 55.4k number2012: 63.8k number2013: 67.3k number2014: 59.5k number2015: 60.1k number2016: 64.3k number2017: 74.5k number2018: 72.1k number2019: 71.5k number2020: 63.3k number2021: 73.0k number2022: 76.5k number2023: 85.3k number2024: 87.6k number

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

Analysis

In 2024, new businesses registered in Thailand stood at 87,596 number. That is the highest value across all 19 years on record.

That represents a change of up 2.7% on the previous year and up 47.3% over ten years.

Over the whole period, new businesses registered in Thailand peaked at 87,596 number in 2024 and was at its lowest, 40,749 number, in 2007.

That places Thailand 22nd 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

DecadeAverage LowestHighest Years
2000s 42,916 number 40,749 number 46,895 number 4
2010s 63,934 number 50,776 number 74,517 number 10
2020s 77,136 number 63,340 number 87,596 number 5

Countries ranked near Thailand

  1. 19 Turkey 115,401 number compare
  2. 20 Peru 111,997 number compare
  3. 21 Romania 91,649 number compare
  4. 23 Mexico 83,950 number compare
  5. 24 Colombia 82,208 number compare
  6. 25 Germany 75,775 number compare

See the full ranking of 176 places →

More private sector data for Thailand

All data for Thailand →

Frequently asked questions

What is new businesses registered in Thailand?
New businesses registered in Thailand was 87,596 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Thailand?
The highest recorded value was 87,596 number in 2024.
What is the lowest new businesses registered recorded in Thailand?
The lowest recorded value was 40,749 number in 2007.
How does Thailand rank for new businesses registered?
Thailand ranks 22nd out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Thailand?
Over the last ten years it is up 47.3%. The long-run trend across the full record is rising.
Where does this Thailand 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.