New businesses registered — all countries

New businesses registered — Western Europe

New businesses registered in Western Europe in 2023 — 404,180 companies. Since 2006, the indicator has risen by 51.5%.

2023 404,180 companies −16.62% vs 2022
World rank
Period maximum 484,747 companies2022
Period minimum 266,738 companies2006

Trend over time

2006–2023 · companies

New businesses registered — Western Europe, 2006–2023200,000300,000400,000500,00020062008201020122014201620182020202220232006: 266,738 companies2007: 290,790 companies2008: 298,530 companies2009: 287,559 companies2010: 305,369 companies2011: 309,295 companies2012: 299,000 companies2013: 296,540 companies2014: 307,687 companies2015: 310,371 companies2016: 364,953 companies2017: 373,477 companies2018: 380,784 companies2019: 404,016 companies2020: 390,989 companies2021: 431,188 companies2022: 484,747 companies2023: 404,180 companies
Change over the period: +137,442 (+51.53%) Average annual rate: 2.47 %
New businesses registered — Western Europe, by year Western Europe All countries CSV XLSX
Year companies Change Change, %
2023 404,180 −80,567 −16.62%
2022 484,747 +53,559 +12.42%
2021 431,188 +40,199 +10.28%
2020 390,989 −13,027 −3.22%
2019 404,016 +23,232 +6.1%
2018 380,784 +7,307 +1.96%
2017 373,477 +8,524 +2.34%
2016 364,953 +54,582 +17.59%
2015 310,371 +2,684 +0.87%
2014 307,687 +11,147 +3.76%
2013 296,540 −2,460 −0.82%
2012 299,000 −10,295 −3.33%
2011 309,295 +3,926 +1.29%
2010 305,369 +17,810 +6.19%
2009 287,559 −10,971 −3.68%
2008 298,530 +7,740 +2.66%
2007 290,790 +24,052 +9.02%
2006 266,738

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.