New businesses registered in Turkey

Turkey: New businesses registered was 115,401 number in 2024. ▲ Rising

Latest (2024)
115,401 number
Change on year
down 10.2%
World rank
19th
of 176 countries
All-time high
142,220 number
in 2022
All-time low
42,403 number
in 2012
Years of data
19
2006–2024

New businesses registered in Turkey, 2006–2024

40.0k60.0k80.0k100.0k120.0k140.0k2006201520242006: 53.8k number2007: 56.9k number2008: 51.1k number2009: 46.4k number2010: 54.0k number2011: 57.4k number2012: 42.4k number2013: 52.5k number2014: 60.8k number2015: 67.8k number2016: 64.9k number2017: 74.9k number2018: 86.2k number2019: 85.4k number2020: 101.5k number2021: 110.9k number2022: 142.2k number2023: 128.5k number2024: 115.4k number

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

Analysis

Turkey recorded 115,401 number for new businesses registered in 2024.

That represents a change of down 10.2% on the previous year and up 89.7% over ten years.

Over the whole period, new businesses registered in Turkey peaked at 142,220 number in 2022 and was at its lowest, 42,403 number, in 2012.

That places Turkey 19th 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 52,042 number 46,449 number 56,900 number 4
2010s 64,634 number 42,403 number 86,210 number 10
2020s 119,694 number 101,482 number 142,220 number 5

Countries ranked near Turkey

  1. 16 Chile 123,159 number compare
  2. 17 Spain 118,193 number compare
  3. 18 Italy 115,689 number compare
  4. 20 Peru 111,997 number compare
  5. 21 Romania 91,649 number compare
  6. 22 Thailand 87,596 number compare

See the full ranking of 176 places →

More private sector data for Turkey

All data for Turkey →

Frequently asked questions

What is new businesses registered in Turkey?
New businesses registered in Turkey was 115,401 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Turkey?
The highest recorded value was 142,220 number in 2022.
What is the lowest new businesses registered recorded in Turkey?
The lowest recorded value was 42,403 number in 2012.
How does Turkey rank for new businesses registered?
Turkey ranks 19th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Turkey?
Over the last ten years it is up 89.7%. The long-run trend across the full record is rising.
Where does this Turkey 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.