New businesses registered — all countries

New businesses registered — Togo

New businesses registered in Togo in 2024 — 5,665 companies. Ranked 89 in the world out of 134. Since 2006, the indicator has risen by 15,210.8%.

2024 5,665 companies −5.22% vs 2023
World rank 89of 134
Period maximum 5,977 companies2023
Period minimum 37 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Togo, 2006–202402,0004,0006,00020062008201020122014201620182020202220242006: 37 companies2007: 72 companies2008: 139 companies2009: 659 companies2010: 706 companies2011: 783 companies2012: 866 companies2013: 866 companies2014: 911 companies2015: 1,242 companies2016: 1,811 companies2017: 2,032 companies2018: 3,020 companies2019: 3,653 companies2020: 4,725 companies2021: 5,384 companies2022: 5,427 companies2023: 5,977 companies2024: 5,665 companies
Change over the period: +5,628 (+15,210.81%) Average annual rate: 32.25 %

Comparison, 2024

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

Togo 5,665 companies
Sub-Saharan Africa computed 905,245 companies
Western Africa computed 106,759 companies
New businesses registered — Togo, by year Togo All countries CSV XLSX
Year companies Change Change, %
2024 5,665 −312 −5.22%
2023 5,977 +550 +10.13%
2022 5,427 +43 +0.8%
2021 5,384 +659 +13.95%
2020 4,725 +1,072 +29.35%
2019 3,653 +633 +20.96%
2018 3,020 +988 +48.62%
2017 2,032 +221 +12.2%
2016 1,811 +569 +45.81%
2015 1,242 +331 +36.33%
2014 911 +45 +5.2%
2013 866 +0 +0%
2012 866 +83 +10.6%
2011 783 +77 +10.91%
2010 706 +47 +7.13%
2009 659 +520 +374.1%
2008 139 +67 +93.06%
2007 72 +35 +94.59%
2006 37

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.