New businesses registered — all countries

New businesses registered — Bolivia

New businesses registered in Bolivia in 2023 — 3,712 companies. Ranked 101 in the world out of 140. Since 2018, the indicator has risen by 3.3%.

2023 3,712 companies −3.43% vs 2022
World rank 101of 140
Period maximum 3,844 companies2022
Period minimum 3,189 companies2020

Trend over time

2018–2023 · companies

New businesses registered — Bolivia, 2018–20233,0003,2003,4003,6003,8004,0002018201920202021202220232018: 3,593 companies2019: 3,806 companies2020: 3,189 companies2022: 3,844 companies2023: 3,712 companies
Change over the period: +119 (+3.31%) Average annual rate: 0.65 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Bolivia

Bolivia 3,712 companies
South America computed 1.25M companies
New businesses registered — Bolivia, by year Bolivia All countries CSV XLSX
Year companies Change Change, %
2023 3,712 −132 −3.43%
2022 3,844
2020 3,189 −617 −16.21%
2019 3,806 +213 +5.93%
2018 3,593

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.