New businesses registered in Hong Kong
Hong Kong: New businesses registered was 145,053 number in 2024. ▲ Rising
New businesses registered in Hong Kong, 2006–2024
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 177 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.
New businesses registered in Hong Kong, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 81,974 number | — |
| 2007 | 100,761 number | +22.9% |
| 2008 | 98,645 number | -2.1% |
| 2009 | 109,424 number | +10.9% |
| 2010 | 139,530 number | +27.5% |
| 2011 | 148,329 number | +6.3% |
| 2012 | 150,165 number | +1.2% |
| 2013 | 174,031 number | +15.9% |
| 2014 | 167,280 number | -3.9% |
| 2015 | 139,209 number | -16.8% |
| 2016 | 144,883 number | +4.1% |
| 2017 | 160,229 number | +10.6% |
| 2018 | 151,739 number | -5.3% |
| 2019 | 124,741 number | -17.8% |
| 2020 | 99,405 number | -20.3% |
| 2021 | 110,840 number | +11.5% |
| 2022 | 104,120 number | -6.1% |
| 2023 | 132,246 number | +27.0% |
| 2024 | 145,053 number | +9.7% |
Hong Kong compared with similar countries
- Hong Kong's 145,053 number is above the median for high income countries, which is 19,050 number, 7.6× the median. (63 countries reporting)
- Hong Kong's 145,053 number is above the median for East Asia & Pacific, which is 16,144 number, 9.0× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More private sector data for Hong Kong
- Merchandise trade 371.0% (2025)
- Food imports 3.3% (2024)
- Manufactures imports 83.0% (2024)
- Merchandise imports 831.83 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.4% (2024)
- Merchandise exports 753.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 100,492 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 1.76 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 16.74 % change on previous year (2025)
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 177 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
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.