New businesses registered — all countries

New businesses registered — Ecuador

New businesses registered in Ecuador in 2024 — 19,317 companies. Ranked 54 in the world out of 134. Since 2006, the indicator has risen by 429.4%.

2024 19,317 companies −3.27% vs 2023
World rank 54of 134
Period maximum 19,971 companies2023
Period minimum 3,649 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Ecuador, 2006–202405,00010,00015,00020,00020062008201020122014201620182020202220242006: 3,649 companies2007: 3,786 companies2008: 4,442 companies2009: 4,377 companies2010: 5,471 companies2011: 6,158 companies2012: 6,676 companies2013: 7,344 companies2014: 7,720 companies2015: 7,399 companies2016: 6,574 companies2017: 7,564 companies2018: 8,319 companies2019: 9,430 companies2020: 10,304 companies2021: 15,587 companies2022: 18,665 companies2023: 19,971 companies2024: 19,317 companies
Change over the period: +15,668 (+429.38%) Average annual rate: 9.7 %

Comparison, 2024

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

Ecuador 19,317 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Ecuador, by year Ecuador All countries CSV XLSX
Year companies Change Change, %
2024 19,317 −654 −3.27%
2023 19,971 +1,306 +7%
2022 18,665 +3,078 +19.75%
2021 15,587 +5,283 +51.27%
2020 10,304 +874 +9.27%
2019 9,430 +1,111 +13.35%
2018 8,319 +755 +9.98%
2017 7,564 +990 +15.06%
2016 6,574 −825 −11.15%
2015 7,399 −321 −4.16%
2014 7,720 +376 +5.12%
2013 7,344 +668 +10.01%
2012 6,676 +518 +8.41%
2011 6,158 +687 +12.56%
2010 5,471 +1,094 +24.99%
2009 4,377 −65 −1.46%
2008 4,442 +656 +17.33%
2007 3,786 +137 +3.75%
2006 3,649

South America, 2024

The same indicator for neighboring countries — with links to their pages

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.