New businesses registered — all countries

New businesses registered — Ethiopia

New businesses registered in Ethiopia in 2024 — 46,274 companies. Ranked 31 in the world out of 134. Since 2011, the indicator has risen by 417.4%.

2024 46,274 companies +1.28% vs 2023
World rank 31of 134
Period maximum 46,274 companies2024
Period minimum 8,807 companies2012

Trend over time

2011–2024 · companies

New businesses registered — Ethiopia, 2011–2024020,00040,00060,000201120132015201720192021202320242011: 8,944 companies2012: 8,807 companies2013: 10,354 companies2014: 11,588 companies2015: 13,212 companies2016: 9,125 companies2017: 11,265 companies2018: 10,935 companies2019: 14,211 companies2020: 17,499 companies2021: 19,649 companies2022: 34,327 companies2023: 45,688 companies2024: 46,274 companies
Change over the period: +37,330 (+417.37%) Average annual rate: 13.48 %

Comparison, 2024

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

Ethiopia 46,274 companies
Sub-Saharan Africa computed 905,245 companies
Eastern Africa computed 224,523 companies
New businesses registered — Ethiopia, by year Ethiopia All countries CSV XLSX
Year companies Change Change, %
2024 46,274 +586 +1.28%
2023 45,688 +11,361 +33.1%
2022 34,327 +14,678 +74.7%
2021 19,649 +2,150 +12.29%
2020 17,499 +3,288 +23.14%
2019 14,211 +3,276 +29.96%
2018 10,935 −330 −2.93%
2017 11,265 +2,140 +23.45%
2016 9,125 −4,087 −30.93%
2015 13,212 +1,624 +14.01%
2014 11,588 +1,234 +11.92%
2013 10,354 +1,547 +17.57%
2012 8,807 −137 −1.53%
2011 8,944

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.