New businesses registered — all countries

New businesses registered — Middle Africa

New businesses registered in Middle Africa in 2024 — 42,510 companies. Since 2013, the indicator has risen by 343%.

2024 42,510 companies +9.45% vs 2023
World rank
Period maximum 42,510 companies2024
Period minimum 9,595 companies2013

Trend over time

2013–2024 · companies

New businesses registered — Middle Africa, 2013–2024020,00040,00060,00020132015201720192021202320242013: 9,595 companies2014: 13,460 companies2015: 17,911 companies2016: 15,823 companies2017: 21,376 companies2018: 21,908 companies2019: 21,983 companies2020: 16,381 companies2021: 25,652 companies2022: 32,745 companies2023: 38,840 companies2024: 42,510 companies
Change over the period: +32,915 (+343.04%) Average annual rate: 14.49 %
New businesses registered — Middle Africa, by year Middle Africa All countries CSV XLSX
Year companies Change Change, %
2024 42,510 +3,670 +9.45%
2023 38,840 +6,095 +18.61%
2022 32,745 +7,093 +27.65%
2021 25,652 +9,271 +56.6%
2020 16,381 −5,602 −25.48%
2019 21,983 +75 +0.34%
2018 21,908 +532 +2.49%
2017 21,376 +5,553 +35.09%
2016 15,823 −2,088 −11.66%
2015 17,911 +4,451 +33.07%
2014 13,460 +3,865 +40.28%
2013 9,595

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.