New businesses registered — all countries

New businesses registered — Laos

New businesses registered in Laos in 2024 — 7,941 companies. Ranked 78 in the world out of 134. Since 2008, the indicator has risen by 1,336%.

2024 7,941 companies +21.22% vs 2023
World rank 78of 134
Period maximum 7,941 companies2024
Period minimum 553 companies2008

Trend over time

2008–2024 · companies

New businesses registered — Laos, 2008–202402,0004,0006,0008,0002008201020122014201620182020202220242008: 553 companies2009: 1,721 companies2010: 745 companies2011: 794 companies2012: 1,264 companies2013: 1,289 companies2014: 964 companies2015: 1,016 companies2016: 1,139 companies2017: 1,306 companies2018: 1,608 companies2019: 3,265 companies2020: 2,743 companies2021: 2,922 companies2022: 4,488 companies2023: 6,551 companies2024: 7,941 companies
Change over the period: +7,388 (+1,335.99%) Average annual rate: 18.12 %

Comparison, 2024

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

Laos 7,941 companies
South-Eastern Asia computed 570,794 companies
New businesses registered — Laos, by year Laos All countries CSV XLSX
Year companies Change Change, %
2024 7,941 +1,390 +21.22%
2023 6,551 +2,063 +45.97%
2022 4,488 +1,566 +53.59%
2021 2,922 +179 +6.53%
2020 2,743 −522 −15.99%
2019 3,265 +1,657 +103.05%
2018 1,608 +302 +23.12%
2017 1,306 +167 +14.66%
2016 1,139 +123 +12.11%
2015 1,016 +52 +5.39%
2014 964 −325 −25.21%
2013 1,289 +25 +1.98%
2012 1,264 +470 +59.19%
2011 794 +49 +6.58%
2010 745 −976 −56.71%
2009 1,721 +1,168 +211.21%
2008 553

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.