New businesses registered — all countries

New businesses registered — Myanmar

New businesses registered in Myanmar in 2018 — 14,051 companies. Ranked 66 in the world out of 173. Since 2006, the indicator has risen by 2,551.1%.

2018 14,051 companies +85.91% vs 2017
World rank 66of 173
Period maximum 14,051 companies2018
Period minimum 530 companies2006

Trend over time

2006–2018 · companies

New businesses registered — Myanmar, 2006–201805,00010,00015,00020062008201020122014201620182006: 530 companies2007: 538 companies2008: 704 companies2009: 757 companies2010: 1,186 companies2011: 1,944 companies2012: 3,078 companies2013: 4,076 companies2014: 4,521 companies2015: 4,765 companies2016: 6,663 companies2017: 7,558 companies2018: 14,051 companies
Change over the period: +13,521 (+2,551.13%) Average annual rate: 31.41 %

Comparison, 2018

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

Myanmar 14,051 companies
World computed 5.75M companies
East Asia & Pacific computed 1.26M companies
South-Eastern Asia computed 380,355 companies
Lower-middle-income countries computed 707,679 companies
New businesses registered — Myanmar, by year Myanmar All countries CSV XLSX
Year companies Change Change, %
2018 14,051 +6,493 +85.91%
2017 7,558 +895 +13.43%
2016 6,663 +1,898 +39.83%
2015 4,765 +244 +5.4%
2014 4,521 +445 +10.92%
2013 4,076 +998 +32.42%
2012 3,078 +1,134 +58.33%
2011 1,944 +758 +63.91%
2010 1,186 +429 +56.67%
2009 757 +53 +7.53%
2008 704 +166 +30.86%
2007 538 +8 +1.51%
2006 530

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.