South Korea vs Vietnam: New businesses registered (number)
South Korea
128,455 number
in 2023
Vietnam
136,757 number
in 2024
South Korea rank
15th
Vietnam rank
13th
New businesses registered (number) over time
- South Korea
- Vietnam
How they compare
Vietnam currently reports 136,757 number against 128,455 number in South Korea, a difference of 8,302 number.
That makes Vietnam's figure about 1.1 times South Korea's.
The two have swapped places 1 time across 13 shared years of data; in 2011 it was South Korea ahead.
South Korea ranks 15th and Vietnam ranks 13th of 177 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 115,598 number | 77,924 number | 37,674 number | South Korea |
| 2020s | 146,391 number | 116,370 number | 30,022 number | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new businesses registered, South Korea or Vietnam?
- Vietnam, at 136,757 number against 128,455 number in South Korea as of 2024.
- What is the difference in new businesses registered between South Korea and Vietnam?
- 8,302 number, with Vietnam ahead.
- How many years of comparable data are there for South Korea and Vietnam?
- 13 years are reported by both, from 2011 to 2023.
- How do South Korea and Vietnam rank globally for new businesses registered?
- South Korea ranks 15th and Vietnam ranks 13th 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.
Individual pages
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.