New businesses registered (number) in Guatemala
Guatemala: New businesses registered was 11,909 number in 2024. ▲ Rising
New businesses registered in Guatemala, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Guatemala is 11,909 number, measured in 2024. That is the highest value across all 19 years on record.
That represents a change of up 17.2% on the previous year and up 153.0% over ten years.
Over the whole period, new businesses registered in Guatemala peaked at 11,909 number in 2024 and was at its lowest, 4,296 number, in 2012.
Guatemala ranks 83rd 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 Guatemala, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 4,829 number | — |
| 2007 | 4,944 number | +2.4% |
| 2008 | 5,490 number | +11.0% |
| 2009 | 5,133 number | -6.5% |
| 2010 | 5,223 number | +1.8% |
| 2011 | 5,088 number | -2.6% |
| 2012 | 4,296 number | -15.6% |
| 2013 | 4,540 number | +5.7% |
| 2014 | 4,708 number | +3.7% |
| 2015 | 4,936 number | +4.8% |
| 2016 | 4,878 number | -1.2% |
| 2017 | 5,675 number | +16.3% |
| 2018 | 5,497 number | -3.1% |
| 2019 | 6,367 number | +15.8% |
| 2020 | 6,333 number | -0.5% |
| 2021 | 8,194 number | +29.4% |
| 2022 | 8,852 number | +8.0% |
| 2023 | 10,160 number | +14.8% |
| 2024 | 11,909 number | +17.2% |
Guatemala compared with similar countries
- Guatemala's 11,909 number is above the median for upper middle income countries, which is 8,806 number, 1.4× the median. (52 countries reporting)
- Guatemala's 11,909 number is above the median for Latin America & Caribbean, which is 5,128 number, 2.3× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,099 number | 4,829 number | 5,490 number | 4 |
| 2010s | 5,121 number | 4,296 number | 6,367 number | 10 |
| 2020s | 9,090 number | 6,333 number | 11,909 number | 5 |
Countries ranked near Guatemala
- 80 Panama 13,048 number compare
- 81 Mauritius 12,614 number compare
- 82 Namibia 12,117 number compare
- 84 Puerto Rico 11,218 number compare
- 85 Cayman Islands 11,197 number compare
- 86 Dominican Republic 10,204 number compare
More private sector data for Guatemala
- Merchandise trade 40.7% (2025)
- Food imports 17.4% (2024)
- Manufactures imports 64.4% (2024)
- Merchandise imports 34.61 billion current US$ (2025)
- Food exports 47.5% (2024)
- Manufactures exports 45.9% (2024)
- Merchandise exports 15.56 billion current US$ (2025)
- Merchandise exports (current US$), per capita 832.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1262 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.55 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Guatemala?
- New businesses registered in Guatemala was 11,909 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Guatemala?
- The highest recorded value was 11,909 number in 2024.
- What is the lowest new businesses registered recorded in Guatemala?
- The lowest recorded value was 4,296 number in 2012.
- How does Guatemala rank for new businesses registered?
- Guatemala ranks 83rd out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Guatemala?
- Over the last ten years it is up 153.0%. The long-run trend across the full record is rising.
- Where does this Guatemala 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.