New businesses registered in Somalia in 2024 — 195 companies. Ranked 128 in the world out of 134. Since 2016, the indicator has fallen by 87%.
2016–2024 · companies
How the value compares with the world and the groups this territory belongs to: Somalia
| Year | companies | Change | Change, % |
|---|---|---|---|
| 2024 | 195 | −111 | −36.27% |
| 2023 | 306 | +47 | +18.15% |
| 2022 | 259 | +115 | +79.86% |
| 2021 | 144 | −656 | −82% |
| 2020 | 800 | −100 | −11.11% |
| 2019 | 900 | +100 | +12.5% |
| 2018 | 800 | −500 | −38.46% |
| 2017 | 1,300 | −200 | −13.33% |
| 2016 | 1,500 | — | — |
The same indicator for neighboring countries — with links to their pages
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.
How many new companies are registered per 1,000 people of working age.
Business Foreign direct investment inflowsHow much direct investment from abroad comes into a country in a year.
Business FDI inflows (% of GDP)Inflows of direct investment relative to the size of the economy.
