Canada vs South Korea: New businesses registered

Canada
131,783 number
in 2022
South Korea
128,455 number
in 2023
Canada rank
14th
South Korea rank
15th

New businesses registered over time

  • Canada
  • South Korea
050.0k100.0k150.0k200620142023

How they compare

Canada currently reports 131,783 number against 128,455 number in South Korea, a difference of 3,328 number.

Across all 6 years both countries report, South Korea has been ahead every year.

Canada ranks 14th and South Korea ranks 15th of 176 countries.

South Korea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Canada South Korea Difference Ahead
2010s 60,549 number 130,839 number 70,290 number South Korea
2020s 124,775 number 152,370 number 27,595 number South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new businesses registered, Canada or South Korea?
Canada, at 131,783 number against 128,455 number in South Korea as of 2022.
What is the difference in new businesses registered between Canada and South Korea?
3,328 number, with Canada ahead.
How many years of comparable data are there for Canada and South Korea?
6 years are reported by both, from 2017 to 2022.
How do Canada and South Korea rank globally for new businesses registered?
Canada ranks 14th and South Korea ranks 15th of 176 countries.
Where does this data come from?
Entrepreneurship Database, World Bank (WB), published as New businesses registered (number). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs South Korea: New businesses registered. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 17 August 2026, from https://private-sector.statizoid.com/compare/new-businesses-registered-number/canada/korea-rep/

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About this data

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

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