New businesses registered — all countries

New businesses registered — Burkina Faso

New businesses registered in Burkina Faso in 2024 — 10,046 companies. Ranked 70 in the world out of 134. Since 2006, the indicator has risen by 1,647.1%.

2024 10,046 companies +18.82% vs 2023
World rank 70of 134
Period maximum 10,046 companies2024
Period minimum 405 companies2009

Trend over time

2006–2024 · companies

New businesses registered — Burkina Faso, 2006–202405,00010,00015,00020062008201020122014201620182020202220242006: 575 companies2007: 595 companies2008: 764 companies2009: 405 companies2010: 1,033 companies2011: 1,059 companies2012: 1,251 companies2013: 1,443 companies2014: 1,533 companies2015: 1,779 companies2016: 1,632 companies2017: 3,080 companies2018: 3,399 companies2019: 4,071 companies2020: 5,639 companies2021: 7,328 companies2022: 7,923 companies2023: 8,455 companies2024: 10,046 companies
Change over the period: +9,471 (+1,647.13%) Average annual rate: 17.22 %

Comparison, 2024

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

Burkina Faso 10,046 companies
Sub-Saharan Africa computed 905,245 companies
Western Africa computed 106,759 companies
New businesses registered — Burkina Faso, by year Burkina Faso All countries CSV XLSX
Year companies Change Change, %
2024 10,046 +1,591 +18.82%
2023 8,455 +532 +6.71%
2022 7,923 +595 +8.12%
2021 7,328 +1,689 +29.95%
2020 5,639 +1,568 +38.52%
2019 4,071 +672 +19.77%
2018 3,399 +319 +10.36%
2017 3,080 +1,448 +88.73%
2016 1,632 −147 −8.26%
2015 1,779 +246 +16.05%
2014 1,533 +90 +6.24%
2013 1,443 +192 +15.35%
2012 1,251 +192 +18.13%
2011 1,059 +26 +2.52%
2010 1,033 +628 +155.06%
2009 405 −359 −46.99%
2008 764 +169 +28.4%
2007 595 +20 +3.48%
2006 575

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.