New businesses registered in Uganda

Uganda: New businesses registered was 29,330 number in 2024. ▲ Rising

Latest (2024)
29,330 number
Change on year
up 7.3%
World rank
47th
of 176 countries
All-time high
29,330 number
in 2024
All-time low
7,104 number
in 2006
Years of data
19
2006–2024

New businesses registered in Uganda, 2006–2024

5.0k10.0k15.0k20.0k25.0k30.0k2006201520242006: 7.1k number2007: 7.5k number2008: 8.4k number2009: 9.5k number2010: 10.5k number2011: 14.7k number2012: 9.6k number2013: 16.0k number2014: 15.7k number2015: 16.1k number2016: 24.1k number2017: 19.6k number2018: 23.0k number2019: 24.2k number2020: 22.8k number2021: 21.0k number2022: 19.0k number2023: 27.3k number2024: 29.3k number

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

Analysis

Uganda recorded 29,330 number for new businesses registered in 2024. That is the highest value across all 19 years on record.

That represents a change of up 7.3% on the previous year and up 87.1% over ten years.

Over the whole period, new businesses registered in Uganda peaked at 29,330 number in 2024 and was at its lowest, 7,104 number, in 2006.

Uganda ranks 47th of 176 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 8,111 number 7,104 number 9,486 number 4
2010s 17,345 number 9,583 number 24,153 number 10
2020s 23,905 number 18,984 number 29,330 number 5

Countries ranked near Uganda

  1. 44 Norway 30,147 number compare
  2. 45 Pakistan 30,004 number compare
  3. 46 Czechia 29,877 number compare
  4. 48 Ghana 28,529 number compare
  5. 49 Denmark 25,969 number compare
  6. 50 Nepal 25,859 number compare

See the full ranking of 176 places →

More private sector data for Uganda

All data for Uganda →

Frequently asked questions

What is new businesses registered in Uganda?
New businesses registered in Uganda was 29,330 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Uganda?
The highest recorded value was 29,330 number in 2024.
What is the lowest new businesses registered recorded in Uganda?
The lowest recorded value was 7,104 number in 2006.
How does Uganda rank for new businesses registered?
Uganda ranks 47th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Uganda?
Over the last ten years it is up 87.1%. The long-run trend across the full record is rising.
Where does this Uganda 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.