New businesses registered — all countries

New businesses registered — Mongolia

New businesses registered in Mongolia in 2024 — 18,238 companies. Ranked 55 in the world out of 134. Since 2006, the indicator has risen by 38.2%.

2024 18,238 companies +17.6% vs 2023
World rank 55of 134
Period maximum 18,238 companies2024
Period minimum 8,111 companies2009

Trend over time

2006–2024 · companies

New businesses registered — Mongolia, 2006–20245,00010,00015,00020,00020062008201020122014201620182020202220242006: 13,199 companies2007: 12,335 companies2008: 10,568 companies2009: 8,111 companies2010: 9,447 companies2011: 11,446 companies2012: 11,271 companies2013: 12,803 companies2014: 12,931 companies2015: 11,027 companies2016: 9,994 companies2017: 12,323 companies2018: 11,544 companies2019: 12,120 companies2020: 11,605 companies2021: 13,860 companies2022: 15,488 companies2023: 15,509 companies2024: 18,238 companies
Change over the period: +5,039 (+38.18%) Average annual rate: 1.81 %
New businesses registered — Mongolia, by year Mongolia All countries CSV XLSX
Year companies Change Change, %
2024 18,238 +2,729 +17.6%
2023 15,509 +21 +0.14%
2022 15,488 +1,628 +11.75%
2021 13,860 +2,255 +19.43%
2020 11,605 −515 −4.25%
2019 12,120 +576 +4.99%
2018 11,544 −779 −6.32%
2017 12,323 +2,329 +23.3%
2016 9,994 −1,033 −9.37%
2015 11,027 −1,904 −14.72%
2014 12,931 +128 +1%
2013 12,803 +1,532 +13.59%
2012 11,271 −175 −1.53%
2011 11,446 +1,999 +21.16%
2010 9,447 +1,336 +16.47%
2009 8,111 −2,457 −23.25%
2008 10,568 −1,767 −14.33%
2007 12,335 −864 −6.55%
2006 13,199

Eastern Asia, 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.