New businesses registered — all countries

New businesses registered — Western Asia

New businesses registered in Western Asia in 2024 — 350,232 companies. Since 2006, the indicator has risen by 174.8%.

2024 350,232 companies +29.05% vs 2023
World rank
Period maximum 350,232 companies2024
Period minimum 125,100 companies2009

Trend over time

2006–2024 · companies

New businesses registered — Western Asia, 2006–2024100,000200,000300,000400,00020062008201020122014201620182020202220242006: 127,440 companies2007: 147,181 companies2008: 146,626 companies2009: 125,100 companies2010: 142,434 companies2011: 153,651 companies2012: 142,314 companies2013: 154,705 companies2014: 168,786 companies2015: 183,165 companies2016: 199,695 companies2017: 224,567 companies2018: 250,316 companies2019: 234,880 companies2020: 225,069 companies2021: 213,156 companies2022: 258,324 companies2023: 271,401 companies2024: 350,232 companies
Change over the period: +222,792 (+174.82%) Average annual rate: 5.78 %
New businesses registered — Western Asia, by year Western Asia All countries CSV XLSX
Year companies Change Change, %
2024 350,232 +78,831 +29.05%
2023 271,401 +13,077 +5.06%
2022 258,324 +45,168 +21.19%
2021 213,156 −11,913 −5.29%
2020 225,069 −9,811 −4.18%
2019 234,880 −15,436 −6.17%
2018 250,316 +25,749 +11.47%
2017 224,567 +24,872 +12.45%
2016 199,695 +16,530 +9.02%
2015 183,165 +14,379 +8.52%
2014 168,786 +14,081 +9.1%
2013 154,705 +12,391 +8.71%
2012 142,314 −11,337 −7.38%
2011 153,651 +11,217 +7.88%
2010 142,434 +17,334 +13.86%
2009 125,100 −21,526 −14.68%
2008 146,626 −555 −0.38%
2007 147,181 +19,741 +15.49%
2006 127,440

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.