New businesses registered — all countries

New businesses registered — Thailand

New businesses registered in Thailand in 2024 — 87,596 companies. Ranked 18 in the world out of 134. Since 2006, the indicator has risen by 86.8%.

2024 87,596 companies +2.69% vs 2023
World rank 18of 134
Period maximum 87,596 companies2024
Period minimum 40,749 companies2007

Trend over time

2006–2024 · companies

New businesses registered — Thailand, 2006–202440,00060,00080,000100,00020062008201020122014201620182020202220242006: 46,895 companies2007: 40,749 companies2008: 42,778 companies2009: 41,242 companies2010: 50,776 companies2011: 55,403 companies2012: 63,845 companies2013: 67,301 companies2014: 59,468 companies2015: 60,147 companies2016: 64,292 companies2017: 74,517 companies2018: 72,109 companies2019: 71,485 companies2020: 63,340 companies2021: 72,958 companies2022: 76,488 companies2023: 85,300 companies2024: 87,596 companies
Change over the period: +40,701 (+86.79%) Average annual rate: 3.53 %

Comparison, 2024

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

Thailand 87,596 companies
South-Eastern Asia computed 570,794 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Thailand, by year Thailand All countries CSV XLSX
Year companies Change Change, %
2024 87,596 +2,296 +2.69%
2023 85,300 +8,812 +11.52%
2022 76,488 +3,530 +4.84%
2021 72,958 +9,618 +15.18%
2020 63,340 −8,145 −11.39%
2019 71,485 −624 −0.87%
2018 72,109 −2,408 −3.23%
2017 74,517 +10,225 +15.9%
2016 64,292 +4,145 +6.89%
2015 60,147 +679 +1.14%
2014 59,468 −7,833 −11.64%
2013 67,301 +3,456 +5.41%
2012 63,845 +8,442 +15.24%
2011 55,403 +4,627 +9.11%
2010 50,776 +9,534 +23.12%
2009 41,242 −1,536 −3.59%
2008 42,778 +2,029 +4.98%
2007 40,749 −6,146 −13.11%
2006 46,895

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.