New businesses registered (number) in Hungary
Hungary: New businesses registered was 23,691 number in 2024. ▼ Falling
New businesses registered in Hungary, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Hungary is 23,691 number, measured in 2024.
The figure is down 5.6% on the previous year and down 5.4% over ten years.
Over the whole period, new businesses registered in Hungary peaked at 52,726 number in 2011 and was at its lowest, 21,742 number, in 2015.
That places Hungary 53rd out of 177 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
New businesses registered in Hungary, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 22,300 number | — |
| 2007 | 27,667 number | +24.1% |
| 2008 | 44,105 number | +59.4% |
| 2009 | 42,414 number | -3.8% |
| 2010 | 44,690 number | +5.4% |
| 2011 | 52,726 number | +18.0% |
| 2012 | 32,706 number | -38.0% |
| 2013 | 28,606 number | -12.5% |
| 2014 | 25,040 number | -12.5% |
| 2015 | 21,742 number | -13.2% |
| 2016 | 23,040 number | +6.0% |
| 2017 | 23,494 number | +2.0% |
| 2018 | 25,018 number | +6.5% |
| 2019 | 26,116 number | +4.4% |
| 2020 | 26,363 number | +0.9% |
| 2021 | 31,467 number | +19.4% |
| 2022 | 27,944 number | -11.2% |
| 2023 | 25,090 number | -10.2% |
| 2024 | 23,691 number | -5.6% |
Hungary compared with similar countries
- Hungary's 23,691 number is above the median for high income countries, which is 19,050 number, 1.2× the median. (63 countries reporting)
- Hungary's 23,691 number is above the median for Europe & Central Asia, which is 19,136 number, 1.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34,122 number | 22,300 number | 44,105 number | 4 |
| 2010s | 30,318 number | 21,742 number | 52,726 number | 10 |
| 2020s | 26,911 number | 23,691 number | 31,467 number | 5 |
Countries ranked near Hungary
More private sector data for Hungary
- Merchandise trade 133.1% (2025)
- Food imports 7.0% (2025)
- Manufactures imports 72.5% (2025)
- Merchandise imports 159.20 billion current US$ (2025)
- Food exports 8.6% (2025)
- Manufactures exports 80.4% (2025)
- Merchandise exports 168.84 billion current US$ (2025)
- Merchandise exports (current US$), per capita 17,746 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.685 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.01 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Hungary?
- New businesses registered in Hungary was 23,691 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Hungary?
- The highest recorded value was 52,726 number in 2011.
- What is the lowest new businesses registered recorded in Hungary?
- The lowest recorded value was 21,742 number in 2015.
- How does Hungary rank for new businesses registered?
- Hungary ranks 53rd out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Hungary?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
- Where does this Hungary 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.