World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
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Somalia, Fed. Rep.
New businesses registered (number)

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.

Global rank#128out of 134 countries
Go to rankingOpenglobal ranking and map

Historical trend

1.5 K1.2 K822483144201620202024Somalia, Fed. Rep. · 2024: 195.00Somalia, Fed. Rep.

Analytical takeaways

  • Somalia, Fed. Rep. records 195.00 for New businesses registered (number) in 2024, ranking #128 globally out of 134 countries.
  • New businesses registered (number) declined from 1,500.00 in 2016 to 195.00 in 2024, a decrease of 1,305.00.
  • The country sits in the bottom quartile of the global distribution for this metric, which also makes the page relevant for low-value and lagging-performance searches.

Comparison

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