New businesses registered — all countries

New businesses registered — Uganda

New businesses registered in Uganda in 2024 — 29,330 companies. Ranked 40 in the world out of 134. Since 2006, the indicator has risen by 312.9%.

2024 29,330 companies +7.26% vs 2023
World rank 40of 134
Period maximum 29,330 companies2024
Period minimum 7,104 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Uganda, 2006–2024010,00020,00030,00020062008201020122014201620182020202220242006: 7,104 companies2007: 7,479 companies2008: 8,376 companies2009: 9,486 companies2010: 10,490 companies2011: 14,661 companies2012: 9,583 companies2013: 15,994 companies2014: 15,672 companies2015: 16,096 companies2016: 24,111 companies2017: 19,646 companies2018: 23,048 companies2019: 24,153 companies2020: 22,836 companies2021: 21,028 companies2022: 18,984 companies2023: 27,346 companies2024: 29,330 companies
Change over the period: +22,226 (+312.87%) Average annual rate: 8.2 %

Comparison, 2024

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

Uganda 29,330 companies
Sub-Saharan Africa computed 905,245 companies
Eastern Africa computed 224,523 companies
New businesses registered — Uganda, by year Uganda All countries CSV XLSX
Year companies Change Change, %
2024 29,330 +1,984 +7.26%
2023 27,346 +8,362 +44.05%
2022 18,984 −2,044 −9.72%
2021 21,028 −1,808 −7.92%
2020 22,836 −1,317 −5.45%
2019 24,153 +1,105 +4.79%
2018 23,048 +3,402 +17.32%
2017 19,646 −4,465 −18.52%
2016 24,111 +8,015 +49.79%
2015 16,096 +424 +2.71%
2014 15,672 −322 −2.01%
2013 15,994 +6,411 +66.9%
2012 9,583 −5,078 −34.64%
2011 14,661 +4,171 +39.76%
2010 10,490 +1,004 +10.58%
2009 9,486 +1,110 +13.25%
2008 8,376 +897 +11.99%
2007 7,479 +375 +5.28%
2006 7,104

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.