New businesses registered (number) in Australia
Australia: New businesses registered (number) was 316,561 number in 2024. ▲ Rising
New businesses registered in Australia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Australia stood at 316,561 number. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 10.6% on the previous year and up 42.4% over ten years.
Over the whole period, new businesses registered in Australia peaked at 316,561 number in 2024 and was at its lowest, 133,756 number, in 2006.
That places Australia 4th out of 177 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
New businesses registered (number) in Australia, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 133,756 number | — |
| 2007 | 157,438 number | +17.7% |
| 2008 | 141,827 number | -9.9% |
| 2009 | 145,963 number | +2.9% |
| 2010 | 159,246 number | +9.1% |
| 2011 | 166,740 number | +4.7% |
| 2012 | 184,237 number | +10.5% |
| 2013 | 201,855 number | +9.6% |
| 2014 | 222,294 number | +10.1% |
| 2015 | 241,023 number | +8.4% |
| 2016 | 243,105 number | +0.9% |
| 2017 | 249,048 number | +2.4% |
| 2018 | 235,684 number | -5.4% |
| 2019 | 223,389 number | -5.2% |
| 2020 | 236,447 number | +5.8% |
| 2021 | 298,665 number | +26.3% |
| 2022 | 271,369 number | -9.1% |
| 2023 | 286,290 number | +5.5% |
| 2024 | 316,561 number | +10.6% |
Australia compared with similar countries
- Australia's 316,561 number is above the median for high income countries, which is 19,050 number, 16.6× the median. (63 countries reporting)
- Australia's 316,561 number is above the median for East Asia & Pacific, which is 16,144 number, 19.6× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 144,746 number | 133,756 number | 157,438 number | 4 |
| 2010s | 212,662 number | 159,246 number | 249,048 number | 10 |
| 2020s | 281,866 number | 236,447 number | 316,561 number | 5 |
Countries ranked near Australia
More private sector data for Australia
- Merchandise trade 36.0% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 74.3% (2025)
- Merchandise imports 310.63 billion current US$ (2025)
- Commercial service imports 114.67 billion current US$ (2025)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Commercial service exports 90.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,225 current US$ per person (2025)
Frequently asked questions
- What is new businesses registered in Australia?
- New businesses registered in Australia was 316,561 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Australia?
- The highest recorded value was 316,561 number in 2024.
- What is the lowest new businesses registered recorded in Australia?
- The lowest recorded value was 133,756 number in 2006.
- How does Australia rank for new businesses registered?
- Australia ranks 4th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Australia?
- Over the last ten years it is up 42.4%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.