New businesses registered — all countries

New businesses registered — Low-income countries

New businesses registered in low-income countries in 2020 — 94,295 companies. Since 2014, the indicator has risen by 62.5%.

2020 94,295 companies +5.78% vs 2019
World rank
Period maximum 94,295 companies2020
Period minimum 58,028 companies2014

Trend over time

2014–2020 · companies

New businesses registered — Low-income countries, 2014–202050,00060,00070,00080,00090,000100,00020142015201620172018201920202014: 58,028 companies2015: 59,552 companies2016: 68,476 companies2017: 66,764 companies2018: 77,697 companies2019: 89,146 companies2020: 94,295 companies
Change over the period: +36,267 (+62.5%) Average annual rate: 8.43 %

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: Low-income countries

Low-income countries 94,295 companies
World computed 5.99M companies
New businesses registered — Low-income countries, by year Low-income countries All countries CSV XLSX
Year companies Change Change, %
2020 94,295 +5,149 +5.78%
2019 89,146 +11,449 +14.74%
2018 77,697 +10,933 +16.38%
2017 66,764 −1,712 −2.5%
2016 68,476 +8,924 +14.99%
2015 59,552 +1,524 +2.63%
2014 58,028

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.