New businesses registered — all countries

New businesses registered — South America

New businesses registered in South America in 2023 — 1,246,963 companies. Since 2013, the indicator has risen by 99.9%.

2023 1.25M companies +4.04% vs 2022
World rank
Period maximum 1.25M companies2023
Period minimum 606,454 companies2015

Trend over time

2013–2023 · companies

New businesses registered — South America, 2013–2023600,000800,0001M1.2M1.4M201320142015201620172018201920202021202220232013: 623,781 companies2014: 612,883 companies2015: 606,454 companies2016: 608,839 companies2017: 668,273 companies2018: 741,492 companies2019: 838,027 companies2020: 911,670 companies2021: 1,185,360 companies2022: 1,198,560 companies2023: 1,246,963 companies
Change over the period: +623,182 (+99.9%) Average annual rate: 7.17 %
New businesses registered — South America, by year South America All countries CSV XLSX
Year companies Change Change, %
2023 1.25M +48,403 +4.04%
2022 1.2M +13,200 +1.11%
2021 1.19M +273,690 +30.02%
2020 911,670 +73,643 +8.79%
2019 838,027 +96,535 +13.02%
2018 741,492 +73,219 +10.96%
2017 668,273 +59,434 +9.76%
2016 608,839 +2,385 +0.39%
2015 606,454 −6,429 −1.05%
2014 612,883 −10,898 −1.75%
2013 623,781

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.