New businesses registered (number) in Ghana
Ghana: New businesses registered was 28,529 number in 2024. ▲ Rising
New businesses registered in Ghana, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Ghana stood at 28,529 number.
The figure is down 41.3% on the previous year and up 26.1% over ten years.
Over the whole period, new businesses registered in Ghana peaked at 48,634 number in 2023 and was at its lowest, 7,651 number, in 2006.
That places Ghana 48th out of 177 countries with data for 2024, putting it 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 Ghana, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 7,651 number | — |
| 2007 | 9,624 number | +25.8% |
| 2008 | 14,485 number | +50.5% |
| 2009 | 15,324 number | +5.8% |
| 2010 | 13,760 number | -10.2% |
| 2011 | 15,649 number | +13.7% |
| 2012 | 13,154 number | -15.9% |
| 2013 | 21,596 number | +64.2% |
| 2014 | 22,618 number | +4.7% |
| 2015 | 18,535 number | -18.1% |
| 2016 | 19,234 number | +3.8% |
| 2017 | 27,453 number | +42.7% |
| 2018 | 26,403 number | -3.8% |
| 2019 | 25,170 number | -4.7% |
| 2020 | 24,895 number | -1.1% |
| 2021 | 24,259 number | -2.6% |
| 2022 | 25,394 number | +4.7% |
| 2023 | 48,634 number | +91.5% |
| 2024 | 28,529 number | -41.3% |
Ghana compared with similar countries
- Ghana's 28,529 number is above the median for lower middle income countries, which is 5,646 number, 5.1× the median. (42 countries reporting)
- Ghana's 28,529 number is above the median for Sub-Saharan Africa, which is 5,522 number, 5.2× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,771 number | 7,651 number | 15,324 number | 4 |
| 2010s | 20,357 number | 13,154 number | 27,453 number | 10 |
| 2020s | 30,342 number | 24,259 number | 48,634 number | 5 |
Countries ranked near Ghana
More private sector data for Ghana
- Merchandise trade 42.5% (2025)
- Food imports 13.7% (2023)
- Manufactures imports 51.5% (2023)
- Merchandise imports 17.45 billion current US$ (2025)
- Food exports 18.1% (2023)
- Manufactures exports 6.0% (2023)
- Merchandise exports 31.11 billion current US$ (2025)
- Merchandise exports (current US$), per capita 887.14 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2724 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 62.31 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Ghana?
- New businesses registered in Ghana was 28,529 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Ghana?
- The highest recorded value was 48,634 number in 2023.
- What is the lowest new businesses registered recorded in Ghana?
- The lowest recorded value was 7,651 number in 2006.
- How does Ghana rank for new businesses registered?
- Ghana ranks 48th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Ghana?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is rising.
- Where does this Ghana 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.