New businesses registered — all countries

New businesses registered — Namibia

New businesses registered in Namibia in 2024 — 12,117 companies. Ranked 67 in the world out of 134. Since 2006, the indicator has risen by 320%.

2024 12,117 companies +5.06% vs 2023
World rank 67of 134
Period maximum 17,999 companies2016
Period minimum 2,885 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Namibia, 2006–202405,00010,00015,00020,00020062008201020122014201620182020202220242006: 2,885 companies2007: 4,047 companies2008: 5,998 companies2009: 6,372 companies2010: 6,586 companies2011: 8,475 companies2012: 11,668 companies2013: 14,536 companies2014: 15,564 companies2015: 17,024 companies2016: 17,999 companies2017: 13,690 companies2018: 12,531 companies2019: 10,330 companies2020: 9,732 companies2021: 13,279 companies2022: 12,288 companies2023: 11,533 companies2024: 12,117 companies
Change over the period: +9,232 (+320%) Average annual rate: 8.3 %

Comparison, 2024

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

Namibia 12,117 companies
Sub-Saharan Africa computed 905,245 companies
Southern Africa computed 531,453 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Namibia, by year Namibia All countries CSV XLSX
Year companies Change Change, %
2024 12,117 +584 +5.06%
2023 11,533 −755 −6.14%
2022 12,288 −991 −7.46%
2021 13,279 +3,547 +36.45%
2020 9,732 −598 −5.79%
2019 10,330 −2,201 −17.56%
2018 12,531 −1,159 −8.47%
2017 13,690 −4,309 −23.94%
2016 17,999 +975 +5.73%
2015 17,024 +1,460 +9.38%
2014 15,564 +1,028 +7.07%
2013 14,536 +2,868 +24.58%
2012 11,668 +3,193 +37.68%
2011 8,475 +1,889 +28.68%
2010 6,586 +214 +3.36%
2009 6,372 +374 +6.24%
2008 5,998 +1,951 +48.21%
2007 4,047 +1,162 +40.28%
2006 2,885

Southern Africa, 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.