New businesses registered — all countries

New businesses registered — ASEAN

New businesses registered in ASEAN in 2024 — 570,794 companies. Since 2006, the indicator has risen by 296.9%.

2024 570,794 companies +1.46% vs 2023
World rank
Period maximum 570,794 companies2024
Period minimum 143,802 companies2006

Trend over time

2006–2024 · companies

New businesses registered — ASEAN, 2006–20240200,000400,000600,00020062008201020122014201620182020202220242006: 143,802 companies2007: 148,513 companies2008: 164,729 companies2009: 152,447 companies2010: 176,722 companies2011: 252,634 companies2012: 266,597 companies2013: 286,364 companies2014: 295,030 companies2015: 305,869 companies2016: 326,698 companies2017: 363,822 companies2018: 378,781 companies2019: 382,552 companies2020: 359,638 companies2021: 390,120 companies2022: 489,854 companies2023: 562,557 companies2024: 570,794 companies
Change over the period: +426,992 (+296.93%) Average annual rate: 7.96 %
New businesses registered — ASEAN, by year ASEAN All countries CSV XLSX
Year companies Change Change, %
2024 570,794 +8,237 +1.46%
2023 562,557 +72,703 +14.84%
2022 489,854 +99,734 +25.56%
2021 390,120 +30,482 +8.48%
2020 359,638 −22,914 −5.99%
2019 382,552 +3,771 +1%
2018 378,781 +14,959 +4.11%
2017 363,822 +37,124 +11.36%
2016 326,698 +20,829 +6.81%
2015 305,869 +10,839 +3.67%
2014 295,030 +8,666 +3.03%
2013 286,364 +19,767 +7.41%
2012 266,597 +13,963 +5.53%
2011 252,634 +75,912 +42.96%
2010 176,722 +24,275 +15.92%
2009 152,447 −12,282 −7.46%
2008 164,729 +16,216 +10.92%
2007 148,513 +4,711 +3.28%
2006 143,802

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.

Source: World Development Indicators (World Bank), license CC BY 4.0.