New businesses registered (number) in Bhutan
Bhutan: New businesses registered (number) was 40 number in 2022. ◆ Volatile
New businesses registered in Bhutan, 2006–2022
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Bhutan is 40 number, measured in 2022.
The figure is down 11.1% on the previous year and down 43.7% over ten years.
Over the whole period, new businesses registered in Bhutan peaked at 71 number in 2012 and was at its lowest, 10 number, in 2006.
Bhutan ranks 175th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New businesses registered (number) in Bhutan, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 10 number | — |
| 2007 | 10 number | +0.0% |
| 2008 | 18 number | +80.0% |
| 2009 | 12 number | -33.3% |
| 2010 | 15 number | +25.0% |
| 2011 | 22 number | +46.7% |
| 2012 | 71 number | +222.7% |
| 2013 | 23 number | -67.6% |
| 2014 | 24 number | +4.3% |
| 2015 | 35 number | +45.8% |
| 2016 | 48 number | +37.1% |
| 2017 | 68 number | +41.7% |
| 2018 | 43 number | -36.8% |
| 2019 | 50 number | +16.3% |
| 2020 | 42 number | -16.0% |
| 2021 | 45 number | +7.1% |
| 2022 | 40 number | -11.1% |
Bhutan compared with similar countries
- Bhutan's 40 number is below the median for lower middle income countries, which is 5,646 number, 1% of the median. (42 countries reporting)
- Bhutan's 40 number is below the median for South Asia, which is 12,406 number, 0% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.5 number | 10 number | 18 number | 4 |
| 2010s | 39.9 number | 15 number | 71 number | 10 |
| 2020s | 42.33 number | 40 number | 45 number | 3 |
Countries ranked near Bhutan
More private sector data for Bhutan
- Merchandise trade 83.3% (2025)
- Food imports 11.4% (2025)
- Manufactures imports 70.4% (2025)
- Merchandise imports 2.18 billion current US$ (2025)
- Food exports 5.9% (2025)
- Manufactures exports 58.7% (2025)
- Merchandise exports 800.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,004 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2235 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.1 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Bhutan?
- New businesses registered in Bhutan was 40 number in 2022, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Bhutan?
- The highest recorded value was 71 number in 2012.
- What is the lowest new businesses registered recorded in Bhutan?
- The lowest recorded value was 10 number in 2006.
- How does Bhutan rank for new businesses registered?
- Bhutan ranks 175th out of 177 countries with data for 2022.
- Is new businesses registered rising or falling in Bhutan?
- Over the last ten years it is down 43.7%. The long-run trend across the full record is volatile.
- Where does this Bhutan 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
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About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.