Which has higher new businesses registered, Hong Kong, China or Russian Federation?

Russian Federation, at 214,957 number against 145,053 number in Hong Kong, China as of 2024.

What is the difference in new businesses registered between Hong Kong, China and Russian Federation?

69,904 number, with Russian Federation ahead.

How many years of comparable data are there for Hong Kong, China and Russian Federation?

19 years are reported by both, from 2006 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.

Hong Kong, China vs Russian Federation: New businesses registered

Hong Kong, China

145,053 number

in 2024

Russian Federation

214,957 number

in 2024

Hong Kong, China rank

10th

Russian Federation rank

7th

New businesses registered over time

Hong Kong, China
Russian Federation

How they compare

Russian Federation currently reports 214,957 number against 145,053 number in Hong Kong, China, a difference of 69,904 number.

That makes Russian Federation's figure about 1.5 times Hong Kong, China's.

Across all 19 years both countries report, Russian Federation has been ahead every year.

Hong Kong, China ranks 10th and Russian Federation ranks 7th of 177 countries.

Russian Federation has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade	Hong Kong, China	Russian Federation	Difference	Ahead
2000s	97,701 number	374,024 number	276,323 number	Russian Federation
2010s	150,014 number	351,885 number	201,871 number	Russian Federation
2020s	118,333 number	226,666 number	108,334 number	Russian Federation

Averages of every year both report within each decade.

Frequently asked questions

Which has higher new businesses registered, Hong Kong, China or Russian Federation?: Russian Federation, at 214,957 number against 145,053 number in Hong Kong, China as of 2024.
What is the difference in new businesses registered between Hong Kong, China and Russian Federation?: 69,904 number, with Russian Federation ahead.
How many years of comparable data are there for Hong Kong, China and Russian Federation?: 19 years are reported by both, from 2006 to 2024.
How do Hong Kong, China and Russian Federation rank globally for new businesses registered?: Hong Kong, China ranks 10th and Russian Federation ranks 7th of 177 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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Hong Kong, China vs Russian Federation: New businesses registered. Statizoid, drawing on Entrepreneurship Database, World Bank (WB). Retrieved 08 September 2026, from https://private-sector.statizoid.com/compare/new-businesses-registered-number/hong-kong-sar-china/russian-federation/

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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: 177 places, 2,914 data points, 2006–2024
Last refreshed: 03 September 2026

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