New businesses registered — all countries

New businesses registered — Ghana

New businesses registered in Ghana in 2024 — 28,529 companies. Ranked 41 in the world out of 134. Since 2006, the indicator has risen by 272.9%.

2024 28,529 companies −41.34% vs 2023
World rank 41of 134
Period maximum 48,634 companies2023
Period minimum 7,651 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Ghana, 2006–2024020,00040,00060,00020062008201020122014201620182020202220242006: 7,651 companies2007: 9,624 companies2008: 14,485 companies2009: 15,324 companies2010: 13,760 companies2011: 15,649 companies2012: 13,154 companies2013: 21,596 companies2014: 22,618 companies2015: 18,535 companies2016: 19,234 companies2017: 27,453 companies2018: 26,403 companies2019: 25,170 companies2020: 24,895 companies2021: 24,259 companies2022: 25,394 companies2023: 48,634 companies2024: 28,529 companies
Change over the period: +20,878 (+272.88%) Average annual rate: 7.59 %

Comparison, 2024

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

Ghana 28,529 companies
Sub-Saharan Africa computed 905,245 companies
Western Africa computed 106,759 companies
New businesses registered — Ghana, by year Ghana All countries CSV XLSX
Year companies Change Change, %
2024 28,529 −20,105 −41.34%
2023 48,634 +23,240 +91.52%
2022 25,394 +1,135 +4.68%
2021 24,259 −636 −2.55%
2020 24,895 −275 −1.09%
2019 25,170 −1,233 −4.67%
2018 26,403 −1,050 −3.82%
2017 27,453 +8,219 +42.73%
2016 19,234 +699 +3.77%
2015 18,535 −4,083 −18.05%
2014 22,618 +1,022 +4.73%
2013 21,596 +8,442 +64.18%
2012 13,154 −2,495 −15.94%
2011 15,649 +1,889 +13.73%
2010 13,760 −1,564 −10.21%
2009 15,324 +839 +5.79%
2008 14,485 +4,861 +50.51%
2007 9,624 +1,973 +25.79%
2006 7,651

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.