India vs Nigeria: New businesses registered
India
173,712 number
in 2024
Nigeria
136,961 number
in 2022
India rank
9th
Nigeria rank
12th
New businesses registered over time
- India
- Nigeria
How they compare
India currently reports 173,712 number against 136,961 number in Nigeria, a difference of 36,751 number.
That makes India's figure about 1.3 times Nigeria's.
The two have swapped places 4 times across 17 shared years of data; in 2006 it was India ahead.
India ranks 9th and Nigeria ranks 12th of 176 countries.
India has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | India | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 60,939 number | 52,469 number | 8,470 number | India |
| 2010s | 97,696 number | 76,636 number | 21,060 number | India |
| 2020s | 160,907 number | 121,643 number | 39,264 number | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new businesses registered, India or Nigeria?
- India, at 173,712 number against 136,961 number in Nigeria as of 2024.
- What is the difference in new businesses registered between India and Nigeria?
- 36,751 number, with India ahead.
- How many years of comparable data are there for India and Nigeria?
- 17 years are reported by both, from 2006 to 2022.
- How do India and Nigeria rank globally for new businesses registered?
- India ranks 9th and Nigeria ranks 12th 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.
Individual pages
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.