New businesses registered in Western Africa in 2024 — 106,759 companies. Since 2011, the indicator has risen by 10.3%.
2011–2024 · companies
| Year | companies | Change | Change, % |
|---|---|---|---|
| 2024 | 106,759 | −23,016 | −17.74% |
| 2023 | 129,775 | −105,417 | −44.82% |
| 2022 | 235,192 | +14,043 | +6.35% |
| 2021 | 221,149 | +43,171 | +24.26% |
| 2020 | 177,978 | +10,122 | +6.03% |
| 2019 | 167,856 | +7,111 | +4.42% |
| 2018 | 160,745 | +16,535 | +11.47% |
| 2017 | 144,210 | +15,713 | +12.23% |
| 2016 | 128,497 | +15,658 | +13.88% |
| 2015 | 112,839 | +1,345 | +1.21% |
| 2014 | 111,494 | +1,941 | +1.77% |
| 2013 | 109,553 | +4,274 | +4.06% |
| 2012 | 105,279 | +8,497 | +8.78% |
| 2011 | 96,782 | — | — |
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 Foreign direct investment outflowsHow much direct investment the residents of a country place abroad.
Business FDI inflows (% of GDP)Inflows of direct investment relative to the size of the economy.