What is the difference in new businesses registered between Central African Republic and Somalia?

63 number, with Central African Republic ahead.

How many years of comparable data are there for Central African Republic and Somalia?

9 years are reported by both, from 2016 to 2024.

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.

Central African Republic vs Somalia: New businesses registered

Central African Republic

258 number

in 2024

Somalia

195 number

in 2024

Central African Republic rank

163rd

Somalia rank

166th

New businesses registered over time

Central African Republic
Somalia

How they compare

Central African Republic currently reports 258 number against 195 number in Somalia, a difference of 63 number.

That makes Central African Republic's figure about 1.3 times Somalia's.

The two have swapped places 3 times across 9 shared years of data; in 2016 it was Somalia ahead.

Central African Republic ranks 163rd and Somalia ranks 166th of 176 countries.

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

Head to head by decade

Decade	Central African Republic	Somalia	Difference	Ahead
2010s	181 number	1,125 number	944 number	Somalia
2020s	239.6 number	340.8 number	101.2 number	Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new businesses registered, Central African Republic or Somalia?: Central African Republic, at 258 number against 195 number in Somalia as of 2024.
What is the difference in new businesses registered between Central African Republic and Somalia?: 63 number, with Central African Republic ahead.
How many years of comparable data are there for Central African Republic and Somalia?: 9 years are reported by both, from 2016 to 2024.
How do Central African Republic and Somalia rank globally for new businesses registered?: Central African Republic ranks 163rd and Somalia ranks 166th 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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Central African Republic vs Somalia: New businesses registered. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 29 August 2026, from https://private-sector.statizoid.com/compare/new-businesses-registered-number/central-african-republic/somalia-fed-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: 20 August 2026

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