New business density in Togo
Togo: New business density was 1.04 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
Latest (2024)
1.04 new registrations per 1,000 people ages 15-64
Change on year
down 7.8%
World rank
128th
of 177 countries
All-time high
1.13 new registrations per 1,000 people ages 15-64
in 2023
All-time low
0.0111 new registrations per 1,000 people ages 15-64
in 2006
Years of data
19
2006–2024
New business density in Togo, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2024, new business density in Togo stood at 1.04 new registrations per 1,000 people ages 15-64.
The figure is down 7.8% on the previous year and up 374.5% over ten years.
Over the whole period, new business density in Togo peaked at 1.13 new registrations per 1,000 people ages 15-64 in 2023 and was at its lowest, 0.0111 new registrations per 1,000 people ages 15-64, in 2006.
That places Togo 128th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
New business density in Togo, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 0.0111 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.0209 new registrations per 1,000 people ages 15-64 | +88.6% |
| 2008 | 0.0392 new registrations per 1,000 people ages 15-64 | +87.3% |
| 2009 | 0.1805 new registrations per 1,000 people ages 15-64 | +360.6% |
| 2010 | 0.1883 new registrations per 1,000 people ages 15-64 | +4.3% |
| 2011 | 0.2035 new registrations per 1,000 people ages 15-64 | +8.1% |
| 2012 | 0.2194 new registrations per 1,000 people ages 15-64 | +7.8% |
| 2013 | 0.2138 new registrations per 1,000 people ages 15-64 | -2.5% |
| 2014 | 0.2191 new registrations per 1,000 people ages 15-64 | +2.5% |
| 2015 | 0.291 new registrations per 1,000 people ages 15-64 | +32.8% |
| 2016 | 0.4133 new registrations per 1,000 people ages 15-64 | +42.0% |
| 2017 | 0.4516 new registrations per 1,000 people ages 15-64 | +9.3% |
| 2018 | 0.6535 new registrations per 1,000 people ages 15-64 | +44.7% |
| 2019 | 0.7698 new registrations per 1,000 people ages 15-64 | +17.8% |
| 2020 | 0.9693 new registrations per 1,000 people ages 15-64 | +25.9% |
| 2021 | 1.07 new registrations per 1,000 people ages 15-64 | +10.9% |
| 2022 | 1.05 new registrations per 1,000 people ages 15-64 | -2.0% |
| 2023 | 1.13 new registrations per 1,000 people ages 15-64 | +7.1% |
| 2024 | 1.04 new registrations per 1,000 people ages 15-64 | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0629 new registrations per 1,000 people ages 15-64 | 0.0111 new registrations per 1,000 people ages 15-64 | 0.1805 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 0.3623 new registrations per 1,000 people ages 15-64 | 0.1883 new registrations per 1,000 people ages 15-64 | 0.7698 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 1.05 new registrations per 1,000 people ages 15-64 | 0.9693 new registrations per 1,000 people ages 15-64 | 1.13 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Togo
- 125 Solomon Islands 1.09 new registrations per 1,000 people ages 15-64 compare
- 126 Uganda 1.08 new registrations per 1,000 people ages 15-64 compare
- 127 Saint Lucia 1.06 new registrations per 1,000 people ages 15-64 compare
- 129 Guatemala 1.02 new registrations per 1,000 people ages 15-64 compare
- 130 Austria 0.9996 new registrations per 1,000 people ages 15-64 compare
- 131 Burundi 0.9798 new registrations per 1,000 people ages 15-64 compare
More private sector data for Togo
- Merchandise trade 43.7% (2025)
- Food imports 17.6% (2024)
- Manufactures imports 64.9% (2024)
- Merchandise imports 3.40 billion current US$ (2025)
- Food exports 33.0% (2024)
- Manufactures exports 39.3% (2024)
- Merchandise exports 1.80 billion current US$ (2025)
- Merchandise exports (current US$), per capita 209.51 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1514 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.62 % change on previous year (2025)
Frequently asked questions
- What is new business density in Togo?
- New business density in Togo was 1.04 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Togo?
- The highest recorded value was 1.13 new registrations per 1,000 people ages 15-64 in 2023.
- What is the lowest new business density recorded in Togo?
- The lowest recorded value was 0.0111 new registrations per 1,000 people ages 15-64 in 2006.
- How does Togo rank for new business density?
- Togo ranks 128th out of 177 countries with data for 2024.
- Is new business density rising or falling in Togo?
- Over the last ten years it is up 374.5%. The long-run trend across the full record is volatile.
- Where does this Togo data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.