New businesses registered — all countries

New businesses registered — Montenegro

New businesses registered in Montenegro in 2024 — 7,136 companies. Ranked 86 in the world out of 134. Since 2006, the indicator has risen by 133.7%.

2024 7,136 companies −19.54% vs 2023
World rank 86of 134
Period maximum 8,964 companies2022
Period minimum 2,334 companies2009

Trend over time

2006–2024 · companies

New businesses registered — Montenegro, 2006–202402,5005,0007,50010,00020062008201020122014201620182020202220242006: 3,053 companies2007: 4,276 companies2008: 3,400 companies2009: 2,334 companies2010: 2,370 companies2011: 2,356 companies2012: 2,491 companies2013: 2,900 companies2014: 3,075 companies2015: 3,011 companies2016: 2,818 companies2017: 3,181 companies2018: 4,694 companies2019: 4,132 companies2020: 3,271 companies2021: 4,540 companies2022: 8,964 companies2023: 8,869 companies2024: 7,136 companies
Change over the period: +4,083 (+133.74%) Average annual rate: 4.83 %

Comparison, 2024

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

Montenegro 7,136 companies
Europe & Central Asia computed 2.56M companies
Southern Europe computed 383,026 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Montenegro, by year Montenegro All countries CSV XLSX
Year companies Change Change, %
2024 7,136 −1,733 −19.54%
2023 8,869 −95 −1.06%
2022 8,964 +4,424 +97.44%
2021 4,540 +1,269 +38.8%
2020 3,271 −861 −20.84%
2019 4,132 −562 −11.97%
2018 4,694 +1,513 +47.56%
2017 3,181 +363 +12.88%
2016 2,818 −193 −6.41%
2015 3,011 −64 −2.08%
2014 3,075 +175 +6.03%
2013 2,900 +409 +16.42%
2012 2,491 +135 +5.73%
2011 2,356 −14 −0.59%
2010 2,370 +36 +1.54%
2009 2,334 −1,066 −31.35%
2008 3,400 −876 −20.49%
2007 4,276 +1,223 +40.06%
2006 3,053

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.