New businesses registered — all countries

New businesses registered — Southern Africa

New businesses registered in Southern Africa in 2024 — 531,453 companies. Since 2006, the indicator has risen by 86.7%.

2024 531,453 companies +20.72% vs 2023
World rank
Period maximum 531,453 companies2024
Period minimum 202,668 companies2011

Trend over time

2006–2024 · companies

New businesses registered — Southern Africa, 2006–2024200,000300,000400,000500,000600,00020062008201020122014201620182020202220242006: 284,730 companies2007: 309,440 companies2008: 316,483 companies2009: 284,245 companies2010: 232,299 companies2011: 202,668 companies2012: 275,161 companies2013: 287,407 companies2014: 291,347 companies2015: 403,339 companies2016: 424,932 companies2017: 423,428 companies2018: 427,423 companies2019: 441,994 companies2020: 516,837 companies2021: 502,527 companies2022: 464,388 companies2023: 440,232 companies2024: 531,453 companies
Change over the period: +246,723 (+86.65%) Average annual rate: 3.53 %
New businesses registered — Southern Africa, by year Southern Africa All countries CSV XLSX
Year companies Change Change, %
2024 531,453 +91,221 +20.72%
2023 440,232 −24,156 −5.2%
2022 464,388 −38,139 −7.59%
2021 502,527 −14,310 −2.77%
2020 516,837 +74,843 +16.93%
2019 441,994 +14,571 +3.41%
2018 427,423 +3,995 +0.94%
2017 423,428 −1,504 −0.35%
2016 424,932 +21,593 +5.35%
2015 403,339 +111,992 +38.44%
2014 291,347 +3,940 +1.37%
2013 287,407 +12,246 +4.45%
2012 275,161 +72,493 +35.77%
2011 202,668 −29,631 −12.76%
2010 232,299 −51,946 −18.28%
2009 284,245 −32,238 −10.19%
2008 316,483 +7,043 +2.28%
2007 309,440 +24,710 +8.68%
2006 284,730

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.