New businesses registered — all countries

New businesses registered — Estonia

New businesses registered in Estonia in 2024 — 23,154 companies. Ranked 47 in the world out of 134. Since 2006, the indicator has risen by 91.8%.

2024 23,154 companies +7.74% vs 2023
World rank 47of 134
Period maximum 24,728 companies2021
Period minimum 8,183 companies2009

Trend over time

2006–2024 · companies

New businesses registered — Estonia, 2006–2024010,00020,00030,00020062008201020122014201620182020202220242006: 12,070 companies2007: 11,599 companies2008: 9,661 companies2009: 8,183 companies2010: 9,212 companies2011: 13,141 companies2012: 13,524 companies2013: 14,242 companies2014: 13,867 companies2015: 15,005 companies2016: 16,572 companies2017: 18,461 companies2018: 19,950 companies2019: 20,899 companies2020: 20,329 companies2021: 24,728 companies2022: 20,608 companies2023: 21,490 companies2024: 23,154 companies
Change over the period: +11,084 (+91.83%) Average annual rate: 3.69 %

Comparison, 2024

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

Estonia 23,154 companies
Europe & Central Asia computed 2.56M companies
Northern Europe computed 1.03M companies
New businesses registered — Estonia, by year Estonia All countries CSV XLSX
Year companies Change Change, %
2024 23,154 +1,664 +7.74%
2023 21,490 +882 +4.28%
2022 20,608 −4,120 −16.66%
2021 24,728 +4,399 +21.64%
2020 20,329 −570 −2.73%
2019 20,899 +949 +4.76%
2018 19,950 +1,489 +8.07%
2017 18,461 +1,889 +11.4%
2016 16,572 +1,567 +10.44%
2015 15,005 +1,138 +8.21%
2014 13,867 −375 −2.63%
2013 14,242 +718 +5.31%
2012 13,524 +383 +2.91%
2011 13,141 +3,929 +42.65%
2010 9,212 +1,029 +12.57%
2009 8,183 −1,478 −15.3%
2008 9,661 −1,938 −16.71%
2007 11,599 −471 −3.9%
2006 12,070

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.