New businesses registered — all countries

New businesses registered — Tanzania

New businesses registered in Tanzania in 2018 — 5,276 companies. Ranked 100 in the world out of 173. Since 2006, the indicator has risen by 40.9%.

2018 5,276 companies −18.88% vs 2017
World rank 100of 173
Period maximum 8,890 companies2015
Period minimum 3,745 companies2006

Trend over time

2006–2018 · companies

New businesses registered — Tanzania, 2006–20182,0004,0006,0008,00010,00020062008201020122014201620182006: 3,745 companies2007: 4,234 companies2008: 5,099 companies2009: 5,020 companies2010: 6,800 companies2011: 7,606 companies2012: 8,126 companies2013: 8,662 companies2014: 8,768 companies2015: 8,890 companies2016: 8,326 companies2017: 6,504 companies2018: 5,276 companies
Change over the period: +1,531 (+40.88%) Average annual rate: 2.9 %

Comparison, 2018

How the value compares with the world and the groups this territory belongs to: Tanzania

Tanzania 5,276 companies
World computed 5.75M companies
Sub-Saharan Africa computed 749,675 companies
Eastern Africa computed 139,599 companies
Lower-middle-income countries computed 707,679 companies
New businesses registered — Tanzania, by year Tanzania All countries CSV XLSX
Year companies Change Change, %
2018 5,276 −1,228 −18.88%
2017 6,504 −1,822 −21.88%
2016 8,326 −564 −6.34%
2015 8,890 +122 +1.39%
2014 8,768 +106 +1.22%
2013 8,662 +536 +6.6%
2012 8,126 +520 +6.84%
2011 7,606 +806 +11.85%
2010 6,800 +1,780 +35.46%
2009 5,020 −79 −1.55%
2008 5,099 +865 +20.43%
2007 4,234 +489 +13.06%
2006 3,745

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.