Business

New businesses registered

How many limited liability companies are registered in a country in a year.

Unit: companies Period: 2006–2024 Source: World Development Indicators (World Bank)
Average: 41,993 companies Countries: 183

The ranking uses the latest available value for each country — the year is shown in the row. The table spans 2009 to 2024.

New businesses registered, 2009–2024

Top-20 · companies

New businesses registered, 2009–20240250,000500,000750,0001MBrazilBrazil: 979,211 companies979,211United KingdomUnited Kingdom: 841,138 companies841,138South AfricaSouth Africa: 494,475 companies494,475AustraliaAustralia: 316,561 companies316,561ChinaChina: 286,640 companies286,640FranceFrance: 286,548 companies286,548RussiaRussia: 214,957 companies214,957IndonesiaIndonesia: 182,200 companies182,200IndiaIndia: 173,712 companies173,712Hong KongHong Kong: 145,053 companies145,053Saudi ArabiaSaudi Arabia: 141,067 companies141,067NigeriaNigeria: 136,961 companies136,961VietnamVietnam: 136,757 companies136,757CanadaCanada: 131,783 companies131,783South KoreaSouth Korea: 128,455 companies128,455ChileChile: 123,159 companies123,159SpainSpain: 118,193 companies118,193ItalyItaly: 115,689 companies115,689TürkiyeTürkiye: 115,401 companies115,401PeruPeru: 111,997 companies111,997
New businesses registered — 2009–2024 Current breakdown Full series CSV XLSX JSON
# Year Subregion World rank
1 BR Brazil 979,211 2024 1
2 GB United Kingdom 841,138 2024 2
3 ZA South Africa 494,475 2024 3
4 AU Australia 316,561 2024 4
5 CN China 286,640 2024 5
6 FR France 286,548 2024 6
7 RU Russia 214,957 2024 7
8 ID Indonesia 182,200 2024 8
9 IN India 173,712 2024 9
10 HK Hong Kong 145,053 2024 10
11 SA Saudi Arabia 141,067 2024 11
12 NG Nigeria 136,961 2022 12
13 VN Vietnam 136,757 2024 13
14 CA Canada 131,783 2022 14
15 KR South Korea 128,455 2023 15
16 CL Chile 123,159 2023 16
17 ES Spain 118,193 2024 17
18 IT Italy 115,689 2024 18
19 TR Türkiye 115,401 2024 19
20 PE Peru 111,997 2024 20
21 RO Romania 91,649 2024 21
22 TH Thailand 87,596 2024 22
23 MX Mexico 83,950 2024 23
24 CO Colombia 82,208 2024 24
25 DE Germany 75,775 2024 25
26 PT Portugal 73,740 2024 26
27 MA Morocco 67,138 2024 27
28 UZ Uzbekistan 64,020 2024 28
29 MY Malaysia 59,611 2024 29
30 KE Kenya 58,919 2024 30
31 PL Poland 56,520 2024 31
32 NZ New Zealand 55,417 2024 32
33 SG Singapore 52,248 2024 33
34 UA Ukraine 51,349 2017 34
35 SE Sweden 46,622 2024 35
36 ET Ethiopia 46,274 2024 36
37 BG Bulgaria 42,783 2024 37
38 KZ Kazakhstan 42,707 2024 38
39 JP Japan 41,946 2024 39
40 BE Belgium 39,772 2023 40
41 PH Philippines 39,146 2024 41
42 NL Netherlands 39,055 2022 42
43 IR Iran 36,158 2020 43
44 AO Angola 30,956 2024 44
45 NO Norway 30,147 2024 45
46 PK Pakistan 30,004 2024 46
47 CZ Czechia 29,877 2024 47
48 UG Uganda 29,330 2024 48
49 GH Ghana 28,529 2024 49
50 DK Denmark 25,969 2024 50
51 NP Nepal 25,859 2020 51
52 ZW Zimbabwe 25,601 2024 52
53 DZ Algeria 24,482 2024 53
54 HU Hungary 23,691 2024 54
55 IE Ireland 23,440 2024 55
56 EE Estonia 23,154 2024 56
57 RW Rwanda 22,734 2024 57
58 CR Costa Rica 22,333 2024 58
59 BW Botswana 21,456 2024 59
60 FI Finland 20,690 2024 60
61 SK Slovakia 20,239 2024 61
62 CI Côte d'Ivoire 20,143 2024 62
63 EC Ecuador 19,317 2024 63
64 AE United Arab Emirates 19,050 2020 64
65 EG Egypt 18,587 2022 65
66 MN Mongolia 18,238 2024 66
67 ZM Zambia 18,109 2024 67
68 CH Switzerland 18,034 2022 68
69 GE Georgia 17,783 2024 69
70 IL Israel 17,470 2024 70
71 LK Sri Lanka 17,447 2022 71
72 GR Greece 16,000 2024 72
73 AR Argentina 15,818 2024 73
74 TN Tunisia 14,870 2024 74
75 QA Qatar 14,824 2018 75
76 CY Cyprus 14,444 2024 76
77 HR Croatia 14,324 2024 77
78 AZ Azerbaijan 14,215 2024 78
79 MM Myanmar 14,051 2018 79
80 SN Senegal 13,136 2024 80
81 PA Panama 13,048 2022 81
82 MU Mauritius 12,614 2024 82
83 NA Namibia 12,117 2024 83
84 GT Guatemala 11,909 2024 84
85 PR Puerto Rico 11,218 2020 85
86 KY Cayman Islands 11,197 2024 86
87 DO Dominican Republic 10,204 2018 87
88 BF Burkina Faso 10,046 2024 88
89 KG Kyrgyzstan 9,638 2024 89
90 LU Luxembourg 9,137 2024 90
91 XK Kosovo 8,824 2024 91
92 RS Serbia 8,788 2024 92
93 AM Armenia 8,381 2024 93
94 KW Kuwait 8,357 2024 94
95 LV Latvia 8,218 2024 95
96 LA Laos 7,941 2024 96
97 PY Paraguay 7,915 2024 97
98 BY Belarus 7,820 2022 98
99 CV Cabo Verde 7,719 2024 99
100 BH Bahrain 7,580 2024 100
101 MD Moldova 7,478 2024 101
102 BD Bangladesh 7,365 2024 102
103 BI Burundi 7,263 2024 103
104 UY Uruguay 7,187 2024 104
105 ME Montenegro 7,136 2024 105
106 CD Democratic Republic of the Congo 6,095 2024 106
107 MK North Macedonia 6,045 2024 107
108 AT Austria 5,982 2023 108
109 OM Oman 5,804 2020 109
110 TG Togo 5,665 2024 110
111 GN Guinea 5,626 2024 111
112 BJ Benin 5,522 2024 112
113 JM Jamaica 5,393 2024 113
114 TZ Tanzania 5,276 2018 114
115 KH Cambodia 5,138 2024 115
116 JO Jordan 5,009 2024 116
117 SV El Salvador 4,862 2024 117
118 TT Trinidad and Tobago 4,344 2020 118
119 AF Afghanistan 4,274 2018 119
120 AL Albania 4,126 2024 120
121 PG Papua New Guinea 4,109 2020 121
122 LT Lithuania 4,011 2024 122
123 MZ Mozambique 3,925 2020 123
124 BO Bolivia 3,712 2023 124
125 SL Sierra Leone 3,712 2024 124
126 BZ Belize 3,710 2024 126
127 SI Slovenia 3,545 2024 127
128 SZ Eswatini 3,405 2024 128
129 BA Bosnia and Herzegovina 3,369 2024 129
130 MT Malta 3,247 2024 130
131 IQ Iraq 3,037 2022 131
132 IS Iceland 2,925 2024 132
133 ML Mali 2,741 2020 133
134 HN Honduras 2,628 2024 134
135 GA Gabon 2,373 2024 135
136 MR Mauritania 2,329 2024 136
137 MG Madagascar 2,206 2024 137
138 GM Gambia 2,196 2024 138
139 LS Lesotho 1,981 2020 139
140 MV Maldives 1,928 2023 140
141 TL Timor-Leste 1,911 2022 141
142 IM Isle of Man 1,770 2024 142
143 SS South Sudan 1,765 2016 143
144 FJ Fiji 1,665 2024 144
145 GY Guyana 1,546 2024 145
146 BB Barbados 1,517 2024 146
147 CG Republic of the Congo 1,437 2024 147
148 TD Chad 1,391 2024 148
149 NE Niger 1,371 2024 149
150 VI United States Virgin Islands 1,267 2024 150
151 SR Suriname 1,147 2022 151
152 TJ Tajikistan 831 2018 152
153 TC Turks and Caicos Islands 803 2024 153
154 MW Malawi 619 2009 154
155 KN Saint Kitts and Nevis 619 2024 154
156 GW Guinea-Bissau 598 2024 156
157 PS Palestine 525 2024 157
158 DJ Djibouti 521 2024 158
159 SB Solomon Islands 444 2018 159
160 LI Liechtenstein 407 2024 160
161 KM Comoros 387 2024 161
162 HT Haiti 383 2010 162
163 SC Seychelles 370 2024 163
164 SX Sint Maarten 369 2021 164
165 VC Saint Vincent and the Grenadines 323 2020 165
166 AG Antigua and Barbuda 275 2024 166
167 ST Sao Tome and Principe 268 2020 167
168 CF Central African Republic 258 2024 168
169 VU Vanuatu 258 2018 168
170 GD Grenada 217 2020 170
171 SO Somalia 195 2024 171
172 DM Dominica 171 2024 172
173 LR Liberia 167 2024 173
174 BN Brunei Darussalam 157 2024 174
175 LC Saint Lucia 139 2024 175
176 NR Nauru 108 2024 176
177 WS Samoa 86 2022 177
178 TO Tonga 42 2024 178
179 BT Bhutan 40 2022 179
180 FM Micronesia 25 2018 180
181 TV Tuvalu 7 2022 181
182 MH Marshall Islands 5 2022 182
183 KI Kiribati 2 2018 183
Nothing found. Check the spelling of the name.
Maximum 979,211 companies
Median 8,788 companies
Minimum 2 companies

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

Updates
quarterly
Unit of measurement
companies
Observation period
2006–2024
License
CC BY 4.0
Dataset
World Development Indicators