New businesses registered (number) in Georgia
Georgia: New businesses registered was 17,783 number in 2024. ▲ Rising
New businesses registered in Georgia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Georgia stood at 17,783 number.
Compared with earlier readings it is down 6.4% on the previous year and down 2.6% over ten years.
Over the whole period, new businesses registered in Georgia peaked at 25,911 number in 2017 and was at its lowest, 6,141 number, in 2006.
Georgia ranks 68th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
New businesses registered in Georgia, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 6,141 number | — |
| 2007 | 7,713 number | +25.6% |
| 2008 | 8,738 number | +13.3% |
| 2009 | 7,781 number | -11.0% |
| 2010 | 11,314 number | +45.4% |
| 2011 | 14,172 number | +25.3% |
| 2012 | 15,061 number | +6.3% |
| 2013 | 17,856 number | +18.6% |
| 2014 | 18,254 number | +2.2% |
| 2015 | 19,491 number | +6.8% |
| 2016 | 21,932 number | +12.5% |
| 2017 | 25,911 number | +18.1% |
| 2018 | 25,562 number | -1.3% |
| 2019 | 22,936 number | -10.3% |
| 2020 | 18,118 number | -21.0% |
| 2021 | 21,680 number | +19.7% |
| 2022 | 20,233 number | -6.7% |
| 2023 | 19,007 number | -6.1% |
| 2024 | 17,783 number | -6.4% |
Georgia compared with similar countries
- Georgia's 17,783 number is above the median for upper middle income countries, which is 8,806 number, 2.0× the median. (52 countries reporting)
- Georgia's 17,783 number is below the median for Europe & Central Asia, which is 19,136 number, 93% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,593 number | 6,141 number | 8,738 number | 4 |
| 2010s | 19,249 number | 11,314 number | 25,911 number | 10 |
| 2020s | 19,364 number | 17,783 number | 21,680 number | 5 |
Countries ranked near Georgia
More private sector data for Georgia
- Merchandise trade 67.7% (2025)
- Food imports 12.5% (2024)
- Manufactures imports 72.4% (2024)
- Merchandise imports 18.53 billion current US$ (2025)
- Food exports 45.9% (2024)
- Manufactures exports 33.7% (2024)
- Merchandise exports 7.29 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,852 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1911 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.16 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Georgia?
- New businesses registered in Georgia was 17,783 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Georgia?
- The highest recorded value was 25,911 number in 2017.
- What is the lowest new businesses registered recorded in Georgia?
- The lowest recorded value was 6,141 number in 2006.
- How does Georgia rank for new businesses registered?
- Georgia ranks 68th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Georgia?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is rising.
- Where does this Georgia 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.