New businesses registered — all countries

New businesses registered — Guatemala

New businesses registered in Guatemala in 2024 — 11,909 companies. Ranked 68 in the world out of 134. Since 2006, the indicator has risen by 146.6%.

2024 11,909 companies +17.21% vs 2023
World rank 68of 134
Period maximum 11,909 companies2024
Period minimum 4,296 companies2012

Trend over time

2006–2024 · companies

New businesses registered — Guatemala, 2006–20244,0006,0008,00010,00012,00020062008201020122014201620182020202220242006: 4,829 companies2007: 4,944 companies2008: 5,490 companies2009: 5,133 companies2010: 5,223 companies2011: 5,088 companies2012: 4,296 companies2013: 4,540 companies2014: 4,708 companies2015: 4,936 companies2016: 4,878 companies2017: 5,675 companies2018: 5,497 companies2019: 6,367 companies2020: 6,333 companies2021: 8,194 companies2022: 8,852 companies2023: 10,160 companies2024: 11,909 companies
Change over the period: +7,080 (+146.61%) Average annual rate: 5.14 %

Comparison, 2024

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

Guatemala 11,909 companies
Central America computed 129,392 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Guatemala, by year Guatemala All countries CSV XLSX
Year companies Change Change, %
2024 11,909 +1,749 +17.21%
2023 10,160 +1,308 +14.78%
2022 8,852 +658 +8.03%
2021 8,194 +1,861 +29.39%
2020 6,333 −34 −0.53%
2019 6,367 +870 +15.83%
2018 5,497 −178 −3.14%
2017 5,675 +797 +16.34%
2016 4,878 −58 −1.18%
2015 4,936 +228 +4.84%
2014 4,708 +168 +3.7%
2013 4,540 +244 +5.68%
2012 4,296 −792 −15.57%
2011 5,088 −135 −2.58%
2010 5,223 +90 +1.75%
2009 5,133 −357 −6.5%
2008 5,490 +546 +11.04%
2007 4,944 +115 +2.38%
2006 4,829

Central 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.