New businesses registered in Hong Kong

Hong Kong: New businesses registered was 145,053 number in 2024. ▲ Rising

Latest (2024)
145,053 number
Change on year
up 9.7%
World rank
10th
of 176 countries
All-time high
174,031 number
in 2013
All-time low
81,974 number
in 2006
Years of data
19
2006–2024

New businesses registered in Hong Kong, 2006–2024

050.0k100.0k150.0k2006201520242006: 82.0k number2007: 100.8k number2008: 98.6k number2009: 109.4k number2010: 139.5k number2011: 148.3k number2012: 150.2k number2013: 174.0k number2014: 167.3k number2015: 139.2k number2016: 144.9k number2017: 160.2k number2018: 151.7k number2019: 124.7k number2020: 99.4k number2021: 110.8k number2022: 104.1k number2023: 132.2k number2024: 145.1k number

Source: Entrepreneurship Database, World Bank (WB). Measured in number.

Analysis

The most recent figure for new businesses registered in Hong Kong is 145,053 number, measured in 2024.

Compared with earlier readings it is up 9.7% on the previous year and down 13.3% over ten years.

Over the whole period, new businesses registered in Hong Kong peaked at 174,031 number in 2013 and was at its lowest, 81,974 number, in 2006.

That places Hong Kong 10th out of 176 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 97,701 number 81,974 number 109,424 number 4
2010s 150,014 number 124,741 number 174,031 number 10
2020s 118,333 number 99,405 number 145,053 number 5

Countries ranked near Hong Kong

  1. 7 Russia 214,957 number compare
  2. 8 Indonesia 182,200 number compare
  3. 9 India 173,712 number compare
  4. 11 Saudi Arabia 141,067 number compare
  5. 12 Nigeria 136,961 number compare
  6. 13 Vietnam 136,757 number compare

See the full ranking of 176 places →

More private sector data for Hong Kong

All data for Hong Kong →

Frequently asked questions

What is new businesses registered in Hong Kong?
New businesses registered in Hong Kong was 145,053 number in 2024, according to Entrepreneurship Database, World Bank (WB).
What is the highest new businesses registered recorded in Hong Kong?
The highest recorded value was 174,031 number in 2013.
What is the lowest new businesses registered recorded in Hong Kong?
The lowest recorded value was 81,974 number in 2006.
How does Hong Kong rank for new businesses registered?
Hong Kong ranks 10th out of 176 countries with data for 2024.
Is new businesses registered rising or falling in Hong Kong?
Over the last ten years it is down 13.3%. The long-run trend across the full record is rising.
Where does this Hong Kong 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

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.