New businesses registered — all countries

New businesses registered — Malaysia

New businesses registered in Malaysia in 2024 — 59,611 companies. Ranked 25 in the world out of 134. Since 2006, the indicator has risen by 55.8%.

2024 59,611 companies +7.39% vs 2023
World rank 25of 134
Period maximum 59,611 companies2024
Period minimum 38,271 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Malaysia, 2006–202430,00040,00050,00060,00020062008201020122014201620182020202220242006: 38,271 companies2007: 43,299 companies2008: 41,631 companies2009: 41,447 companies2010: 44,136 companies2011: 45,452 companies2012: 45,402 companies2013: 47,719 companies2014: 51,516 companies2015: 48,555 companies2016: 46,639 companies2017: 52,100 companies2018: 51,732 companies2019: 50,946 companies2020: 47,840 companies2021: 49,048 companies2022: 51,887 companies2023: 55,510 companies2024: 59,611 companies
Change over the period: +21,340 (+55.76%) Average annual rate: 2.49 %

Comparison, 2024

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

Malaysia 59,611 companies
South-Eastern Asia computed 570,794 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Malaysia, by year Malaysia All countries CSV XLSX
Year companies Change Change, %
2024 59,611 +4,101 +7.39%
2023 55,510 +3,623 +6.98%
2022 51,887 +2,839 +5.79%
2021 49,048 +1,208 +2.53%
2020 47,840 −3,106 −6.1%
2019 50,946 −786 −1.52%
2018 51,732 −368 −0.71%
2017 52,100 +5,461 +11.71%
2016 46,639 −1,916 −3.95%
2015 48,555 −2,961 −5.75%
2014 51,516 +3,797 +7.96%
2013 47,719 +2,317 +5.1%
2012 45,402 −50 −0.11%
2011 45,452 +1,316 +2.98%
2010 44,136 +2,689 +6.49%
2009 41,447 −184 −0.44%
2008 41,631 −1,668 −3.85%
2007 43,299 +5,028 +13.14%
2006 38,271

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.