Countries Ranked by New businesses registered (2024)
New businesses registered: each country's latest value (2019–2024), ranked from highest to lowest. Source: The World Bank (CC BY 4.0).
Summary
Brazil ranks #1 with 979,210 new limited liability companies. United Kingdom is second with 841,140 new limited liability companies, 16.4% behind. The top five are Brazil, United Kingdom, South Africa, Australia and China. Together the top 10 account for 51.7% of the total across the 169 countries listed. The median across all 169 is 9,638 new limited liability companies; Marshall Islands is last at 5 new limited liability companies. Brazil's figure has risen 242% since 2006 (286,540 new limited liability companies to 979,210 new limited liability companies in 2024).
- #1
- Brazil · 979,210 new limited liability companies
- Median
- 9,638 new limited liability companies
- Coverage
- 169 countries
- Data year
- 2024
- Last updated
- 2026-11-14
Brazil 12.9%United Kingdom 11.1%South Africa 6.5%Australia 4.2%China 3.8%All others 61.5%
Full ranking
| Rank | Country | New businesses registered (new limited liability companies) | Year |
|---|---|---|---|
| 1 | Brazil | 979,210 | 2024 |
| 2 | United Kingdom | 841,140 | 2024 |
| 3 | South Africa | 494,480 | 2024 |
| 4 | Australia | 316,560 | 2024 |
| 5 | China | 286,640 | 2024 |
| 6 | France | 286,550 | 2024 |
| 7 | Russian Federation | 214,960 | 2024 |
| 8 | Indonesia | 182,200 | 2024 |
| 9 | India | 173,710 | 2024 |
| 10 | Hong Kong SAR, China | 145,050 | 2024 |
| 11 | Saudi Arabia | 141,070 | 2024 |
| 12 | Nigeria | 136,960 | 2022 |
| 13 | Viet Nam | 136,760 | 2024 |
| 14 | Canada | 131,780 | 2022 |
| 15 | Korea, Rep. | 128,460 | 2023 |
| 16 | Chile | 123,160 | 2023 |
| 17 | Spain | 118,190 | 2024 |
| 18 | Italy | 115,690 | 2024 |
| 19 | Türkiye | 115,400 | 2024 |
| 20 | Peru | 112,000 | 2024 |
| 21 | Romania | 91,649 | 2024 |
| 22 | Thailand | 87,596 | 2024 |
| 23 | Mexico | 83,950 | 2024 |
| 24 | Colombia | 82,208 | 2024 |
| 25 | Germany | 75,775 | 2024 |
| 26 | Portugal | 73,740 | 2024 |
| 27 | Morocco | 67,138 | 2024 |
| 28 | Uzbekistan | 64,020 | 2024 |
| 29 | Malaysia | 59,611 | 2024 |
| 30 | Kenya | 58,919 | 2024 |
| 31 | Poland | 56,520 | 2024 |
| 32 | New Zealand | 55,417 | 2024 |
| 33 | Singapore | 52,248 | 2024 |
| 34 | Sweden | 46,622 | 2024 |
| 35 | Ethiopia | 46,274 | 2024 |
| 36 | Bulgaria | 42,783 | 2024 |
| 37 | Kazakhstan | 42,707 | 2024 |
| 38 | Japan | 41,946 | 2024 |
| 39 | Belgium | 39,772 | 2023 |
| 40 | Philippines | 39,146 | 2024 |
| 41 | Netherlands | 39,055 | 2022 |
| 42 | Iran, Islamic Rep. | 36,158 | 2020 |
| 43 | Angola | 30,956 | 2024 |
| 44 | Norway | 30,147 | 2024 |
| 45 | Pakistan | 30,004 | 2024 |
| 46 | Czechia | 29,877 | 2024 |
| 47 | Uganda | 29,330 | 2024 |
| 48 | Ghana | 28,529 | 2024 |
| 49 | Denmark | 25,969 | 2024 |
| 50 | Nepal | 25,859 | 2020 |
| 51 | Zimbabwe | 25,601 | 2024 |
| 52 | Algeria | 24,482 | 2024 |
| 53 | Hungary | 23,691 | 2024 |
| 54 | Ireland | 23,440 | 2024 |
| 55 | Estonia | 23,154 | 2024 |
| 56 | Rwanda | 22,734 | 2024 |
| 57 | Costa Rica | 22,333 | 2024 |
| 58 | Botswana | 21,456 | 2024 |
| 59 | Finland | 20,690 | 2024 |
| 60 | Slovak Republic | 20,239 | 2024 |
| 61 | Côte d'Ivoire | 20,143 | 2024 |
| 62 | Ecuador | 19,317 | 2024 |
| 63 | United Arab Emirates | 19,050 | 2020 |
| 64 | Egypt, Arab Rep. | 18,587 | 2022 |
| 65 | Mongolia | 18,238 | 2024 |
| 66 | Zambia | 18,109 | 2024 |
| 67 | Switzerland | 18,034 | 2022 |
| 68 | Georgia | 17,783 | 2024 |
| 69 | Israel | 17,470 | 2024 |
| 70 | Sri Lanka | 17,447 | 2022 |
| 71 | Greece | 16,000 | 2024 |
| 72 | Argentina | 15,818 | 2024 |
| 73 | Tunisia | 14,870 | 2024 |
| 74 | Cyprus | 14,444 | 2024 |
| 75 | Croatia | 14,324 | 2024 |
| 76 | Azerbaijan | 14,215 | 2024 |
| 77 | Senegal | 13,136 | 2024 |
| 78 | Panama | 13,048 | 2022 |
| 79 | Mauritius | 12,614 | 2024 |
| 80 | Namibia | 12,117 | 2024 |
| 81 | Guatemala | 11,909 | 2024 |
| 82 | Puerto Rico (US) | 11,218 | 2020 |
| 83 | Cayman Islands | 11,197 | 2024 |
| 84 | Burkina Faso | 10,046 | 2024 |
| 85 | Kyrgyz Republic | 9,638 | 2024 |
| 86 | Luxembourg | 9,137 | 2024 |
| 87 | Kosovo | 8,824 | 2024 |
| 88 | Serbia | 8,788 | 2024 |
| 89 | Armenia | 8,381 | 2024 |
| 90 | Kuwait | 8,357 | 2024 |
| 91 | Latvia | 8,218 | 2024 |
| 92 | Lao PDR | 7,941 | 2024 |
| 93 | Paraguay | 7,915 | 2024 |
| 94 | Belarus | 7,820 | 2022 |
| 95 | Cabo Verde | 7,719 | 2024 |
| 96 | Bahrain | 7,580 | 2024 |
| 97 | Moldova | 7,478 | 2024 |
| 98 | Bangladesh | 7,365 | 2024 |
| 99 | Burundi | 7,263 | 2024 |
| 100 | Uruguay | 7,187 | 2024 |
Showing the top 100 of 169. Premium downloads the full list as CSV or JSON.
About the top 10
#1 Brazil
Brazil ranks #1 on this list with 979,210 new limited liability companies.
- Capital
- Brasília
- Continent
- South America
- Income group
- Upper middle income
- Population
- 212.81 million people (2025)
- GDP
- US$2.28 trillion (2025)
- GDP per person
- US$10,713 (2025)
- Life expectancy
- 76 years (2024)
- Urban population
- 88.2% of population (2025)
Largest cities: Greater Rio de Janeiro, São Paulo, Rio de Janeiro.
Also ranks #2 in forest area · #3 in external debt stocks · #4 in urban population.
#2 United Kingdom
United Kingdom ranks #2 on this list with 841,140 new limited liability companies.
- Capital
- London
- Continent
- Europe
- Income group
- High income
- Population
- 69.49 million people (2025)
- GDP
- US$4 trillion (2025)
- GDP per person
- US$57,602 (2025)
- Life expectancy
- 81.4 years (2024)
- Urban population
- 83.3% of population (2025)
Largest cities: London, Birmingham, Glasgow.
Also ranks #2 in government debt share of gdp · #4 in exports of goods and services · #4 in imports of goods and services.
#3 South Africa
South Africa ranks #3 on this list with 494,480 new limited liability companies.
- Capital
- Pretoria, Cape Town
- Continent
- Africa
- Income group
- Upper middle income
- Population
- 64.75 million people (2025)
- GDP
- US$427.18 billion (2025)
- GDP per person
- US$6,598 (2025)
- Life expectancy
- 66.3 years (2024)
- Urban population
- 63.8% of population (2025)
Largest cities: City of Johannesburg Metropolitan Municipality, Johannesburg, Cape Town.
Also ranks #2 in unemployment rate · #2 in youth unemployment rate · #2 in income share of richest 10%.
#4 Australia
Australia ranks #4 on this list with 316,560 new limited liability companies.
- Capital
- Canberra
- Continent
- Oceania
- Income group
- High income
- Population
- 27.61 million people (2025)
- GDP
- US$1.8 trillion (2025)
- GDP per person
- US$65,130 (2025)
- Life expectancy
- 83.1 years (2024)
- Urban population
- 87.7% of population (2025)
Largest cities: Sydney, Melbourne, Brisbane.
Also ranks #2 in regulatory quality score · #3 in access to clean cooking fuels · #5 in tourism receipts.
#5 China
China ranks #5 on this list with 286,640 new limited liability companies.
- Capital
- Beijing
- Continent
- Asia
- Income group
- Upper middle income
- Population
- 1.41 billion people (2025)
- GDP
- US$19.5 trillion (2025)
- GDP per person
- US$13,862 (2025)
- Life expectancy
- 78 years (2024)
- Urban population
- 66.3% of population (2025)
Largest cities: Chongqing, Shanghai, Beijing.
Also ranks #1 in urban population · #1 in gdp ppp · #1 in labour force size.
#6 France
France ranks #6 on this list with 286,550 new limited liability companies.
- Capital
- Paris
- Continent
- Europe
- Income group
- High income
- Population
- 68.72 million people (2025)
- GDP
- US$3.37 trillion (2025)
- GDP per person
- US$48,986 (2025)
- Life expectancy
- 83 years (2024)
- Urban population
- 78.8% of population (2025)
Largest cities: Paris, Metropolis of Lyon, Bordeaux Métropole.
Also ranks #1 in tourism arrivals · #1 in account ownership (female) share · #3 in remittances received.
#7 Russian Federation
Russian Federation ranks #7 on this list with 214,960 new limited liability companies.
- Capital
- Moscow
- Continent
- Europe
- Income group
- High income
- Population
- 143.51 million people (2025)
- GDP
- US$2.56 trillion (2025)
- GDP per person
- US$17,547 (2025)
- Life expectancy
- 73.4 years (2024)
- Urban population
- 75.3% of population (2025)
Largest cities: Moscow, Saint Petersburg, Novosibirsk.
Also ranks #1 in land area · #1 in surface area · #1 in forest area.
#8 Indonesia
Indonesia ranks #8 on this list with 182,200 new limited liability companies.
- Capital
- Jakarta
- Continent
- Asia
- Income group
- Upper middle income
- Population
- 285.72 million people (2025)
- GDP
- US$1.45 trillion (2025)
- GDP per person
- US$5,060 (2025)
- Life expectancy
- 71.3 years (2024)
- Urban population
- 59.4% of population (2025)
Largest cities: Jakarta, Surabaya, Bandung.
Also ranks #2 in fish production · #4 in population · #4 in labour force size.
#9 India
India ranks #9 on this list with 173,710 new limited liability companies.
- Capital
- New Delhi
- Continent
- Asia
- Income group
- Lower middle income
- Population
- 1.46 billion people (2025)
- GDP
- US$3.96 trillion (2025)
- GDP per person
- US$2,703 (2025)
- Life expectancy
- 72.2 years (2024)
- Urban population
- 35.7% of population (2025)
Largest cities: Delhi, Mumbai, Bengaluru.
Also ranks #1 in population · #1 in rural population · #1 in remittances received.
#10 Hong Kong SAR, China
Hong Kong SAR, China ranks #10 on this list with 145,050 new limited liability companies.
- Continent
- Asia
- Income group
- High income
- Population
- 7.5 million people (2025)
- GDP
- US$427.31 billion (2025)
- GDP per person
- US$56,983 (2025)
- Life expectancy
- 85.4 years (2024)
- Urban population
- 100% of population (2025)
- International tourist arrivals
- 3.57 million arrivals (2020)
Also ranks #1 in female population share · #1 in trade share of gdp · #2 in female life expectancy.
Profile facts: World Bank (CC BY 4.0) and Wikidata (CC0); weather links go to Purr Weather, another ChowChow Labs site.
Source and method
New businesses registered: each country's latest value (2019–2024), ranked from highest to lowest.
Source: The World Bank, indicator IC.BUS.NREG. Licence: CC BY 4.0. Retrieved: 2026-11-14.
The World Bank: New businesses registered (number): Entrepreneurship Database, World Bank (WB) (via World Development Indicators)
Original data provider, as recorded by the World Bank: Entrepreneurship Database, World Bank (WB).
Values are shown as published. Provider terms: The World Bank. All licences: Sources & licences.