New businesses registered — all countries

New businesses registered — Zambia

New businesses registered in Zambia in 2024 — 18,109 companies. Ranked 56 in the world out of 134. Since 2006, the indicator has risen by 387.6%.

2024 18,109 companies +1.52% vs 2023
World rank 56of 134
Period maximum 18,109 companies2024
Period minimum 3,714 companies2006

Trend over time

2006–2024 · companies

New businesses registered — Zambia, 2006–202405,00010,00015,00020,00020062008201020122014201620182020202220242006: 3,714 companies2007: 5,540 companies2008: 6,026 companies2009: 5,172 companies2010: 6,355 companies2011: 7,774 companies2012: 8,849 companies2013: 9,404 companies2014: 9,400 companies2015: 9,137 companies2016: 8,875 companies2017: 9,400 companies2018: 10,240 companies2019: 9,606 companies2020: 10,736 companies2021: 13,990 companies2022: 17,300 companies2023: 17,837 companies2024: 18,109 companies
Change over the period: +14,395 (+387.59%) Average annual rate: 9.2 %

Comparison, 2024

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

Zambia 18,109 companies
Sub-Saharan Africa computed 905,245 companies
Eastern Africa computed 224,523 companies
New businesses registered — Zambia, by year Zambia All countries CSV XLSX
Year companies Change Change, %
2024 18,109 +272 +1.52%
2023 17,837 +537 +3.1%
2022 17,300 +3,310 +23.66%
2021 13,990 +3,254 +30.31%
2020 10,736 +1,130 +11.76%
2019 9,606 −634 −6.19%
2018 10,240 +840 +8.94%
2017 9,400 +525 +5.92%
2016 8,875 −262 −2.87%
2015 9,137 −263 −2.8%
2014 9,400 −4 −0.04%
2013 9,404 +555 +6.27%
2012 8,849 +1,075 +13.83%
2011 7,774 +1,419 +22.33%
2010 6,355 +1,183 +22.87%
2009 5,172 −854 −14.17%
2008 6,026 +486 +8.77%
2007 5,540 +1,826 +49.17%
2006 3,714

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.