New businesses registered — all countries

New businesses registered — G7

New businesses registered in the G7 in 2024 — 1,361,096 companies. Since 2006, the indicator has risen by 89.2%.

2024 1.36M companies −0.78% vs 2023
World rank
Period maximum 1.43M companies2022
Period minimum 688,215 companies2009

Trend over time

2006–2024 · companies

New businesses registered — G7, 2006–2024600,000800,0001M1.2M1.4M1.6M20062008201020122014201620182020202220242006: 719,528 companies2007: 790,627 companies2008: 695,621 companies2009: 688,215 companies2010: 743,273 companies2011: 791,572 companies2012: 820,048 companies2013: 859,139 companies2014: 939,886 companies2015: 983,152 companies2016: 1,056,745 companies2017: 1,050,062 companies2018: 1,176,666 companies2019: 1,216,558 companies2020: 1,303,420 companies2021: 1,410,406 companies2022: 1,428,255 companies2023: 1,371,845 companies2024: 1,361,096 companies
Change over the period: +641,568 (+89.17%) Average annual rate: 3.6 %
New businesses registered — G7, by year G7 All countries CSV XLSX
Year companies Change Change, %
2024 1.36M −10,749 −0.78%
2023 1.37M −56,410 −3.95%
2022 1.43M +17,849 +1.27%
2021 1.41M +106,986 +8.21%
2020 1.3M +86,862 +7.14%
2019 1.22M +39,892 +3.39%
2018 1.18M +126,604 +12.06%
2017 1.05M −6,683 −0.63%
2016 1.06M +73,593 +7.49%
2015 983,152 +43,266 +4.6%
2014 939,886 +80,747 +9.4%
2013 859,139 +39,091 +4.77%
2012 820,048 +28,476 +3.6%
2011 791,572 +48,299 +6.5%
2010 743,273 +55,058 +8%
2009 688,215 −7,406 −1.06%
2008 695,621 −95,006 −12.02%
2007 790,627 +71,099 +9.88%
2006 719,528

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.