New businesses registered (number) in Burkina Faso
Burkina Faso: New businesses registered (number) was 10,046 number in 2024. ◆ Volatile
New businesses registered in Burkina Faso, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Burkina Faso stood at 10,046 number. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 18.8% on the previous year and up 555.3% over ten years.
Over the whole period, new businesses registered in Burkina Faso peaked at 10,046 number in 2024 and was at its lowest, 405 number, in 2009.
That places Burkina Faso 87th 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 businesses registered (number) in Burkina Faso, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 575 number | — |
| 2007 | 595 number | +3.5% |
| 2008 | 764 number | +28.4% |
| 2009 | 405 number | -47.0% |
| 2010 | 1,033 number | +155.1% |
| 2011 | 1,059 number | +2.5% |
| 2012 | 1,251 number | +18.1% |
| 2013 | 1,443 number | +15.3% |
| 2014 | 1,533 number | +6.2% |
| 2015 | 1,779 number | +16.0% |
| 2016 | 1,632 number | -8.3% |
| 2017 | 3,080 number | +88.7% |
| 2018 | 3,399 number | +10.4% |
| 2019 | 4,071 number | +19.8% |
| 2020 | 5,639 number | +38.5% |
| 2021 | 7,328 number | +30.0% |
| 2022 | 7,923 number | +8.1% |
| 2023 | 8,455 number | +6.7% |
| 2024 | 10,046 number | +18.8% |
Burkina Faso compared with similar countries
- Burkina Faso's 10,046 number is above the median for low income countries, which is 2,741 number, 3.7× the median. (19 countries reporting)
- Burkina Faso's 10,046 number is above the median for Sub-Saharan Africa, which is 5,522 number, 1.8× the median. (43 countries reporting)
Biggest year-on-year movements
Years where New businesses registered (number) in Burkina Faso changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +155.1% | 405 number | 1,033 number |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 584.75 number | 405 number | 764 number | 4 |
| 2010s | 2,028 number | 1,033 number | 4,071 number | 10 |
| 2020s | 7,878 number | 5,639 number | 10,046 number | 5 |
Countries ranked near Burkina Faso
- 84 Puerto Rico 11,218 number compare
- 85 Cayman Islands 11,197 number compare
- 86 Dominican Republic 10,204 number compare
- 88 Kyrgyzstan 9,638 number compare
- 89 Luxembourg 9,137 number compare
- 90 Kosovo 8,824 number compare
- 90 Kosovo (UNSCR 1244) 8,824 number compare
More private sector data for Burkina Faso
- Merchandise trade 67.5% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 46.9% (2024)
- Merchandise imports 7.57 billion current US$ (2025)
- Commercial service imports 1.41 billion current US$ (2024)
- Food exports 7.1% (2024)
- Manufactures exports 2.7% (2024)
- Merchandise exports 11.08 billion current US$ (2025)
- Commercial service exports 532.84 million current US$ (2024)
- Merchandise exports (current US$), per capita 460.07 current US$ per person (2025)
Frequently asked questions
- What is new businesses registered in Burkina Faso?
- New businesses registered in Burkina Faso was 10,046 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Burkina Faso?
- The highest recorded value was 10,046 number in 2024.
- What is the lowest new businesses registered recorded in Burkina Faso?
- The lowest recorded value was 405 number in 2009.
- How does Burkina Faso rank for new businesses registered?
- Burkina Faso ranks 87th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Burkina Faso?
- Over the last ten years it is up 555.3%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso 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.
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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.