New businesses registered — all countries

New businesses registered — Canada

New businesses registered in Canada in 2022 — 131,783 companies. Ranked 13 in the world out of 154. Since 2017, the indicator has risen by 4,217.9%.

2022 131,783 companies −1.69% vs 2021
World rank 13of 154
Period maximum 134,054 companies2021
Period minimum 3,052 companies2017

Trend over time

2017–2022 · companies

New businesses registered — Canada, 2017–2022050,000100,000150,0002017201820192020202120222017: 3,052 companies2018: 86,869 companies2019: 91,726 companies2020: 108,488 companies2021: 134,054 companies2022: 131,783 companies
Change over the period: +128,731 (+4,217.92%) Average annual rate: 112.35 %

Comparison, 2022

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

Canada 131,783 companies
World computed 6.87M companies
High-income countries computed 3.27M companies
New businesses registered — Canada, by year Canada All countries CSV XLSX
Year companies Change Change, %
2022 131,783 −2,271 −1.69%
2021 134,054 +25,566 +23.57%
2020 108,488 +16,762 +18.27%
2019 91,726 +4,857 +5.59%
2018 86,869 +83,817 +2,746.3%
2017 3,052

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.