New businesses registered (number) in Kenya
Kenya: New businesses registered (number) was 58,919 number in 2024. ▲ Rising
Latest (2024)
58,919 number
Change on year
up 3.3%
World rank
30th
of 177 countries
All-time high
58,919 number
in 2024
All-time low
37,733 number
in 2017
Years of data
8
2017–2024
New businesses registered in Kenya, 2017–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Kenya is 58,919 number, measured in 2024. That is the highest value across all 8 years on record.
The figure is up 3.3% on the previous year and up 56.1% over ten years.
That places Kenya 30th out of 177 countries with data for 2024, putting it in the top quarter.
New businesses registered (number) in Kenya, year by year
| Year | number | Change |
|---|---|---|
| 2017 | 37,733 number | — |
| 2018 | 44,381 number | +17.6% |
| 2019 | 42,085 number | -5.2% |
| 2020 | 49,037 number | +16.5% |
| 2021 | 48,386 number | -1.3% |
| 2022 | 52,154 number | +7.8% |
| 2023 | 57,016 number | +9.3% |
| 2024 | 58,919 number | +3.3% |
Kenya compared with similar countries
- Kenya's 58,919 number is above the median for lower middle income countries, which is 5,646 number, 10.4× the median. (42 countries reporting)
- Kenya's 58,919 number is above the median for Sub-Saharan Africa, which is 5,522 number, 10.7× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 41,400 number | 37,733 number | 44,381 number | 3 |
| 2020s | 53,102 number | 48,386 number | 58,919 number | 5 |
Countries ranked near Kenya
More private sector data for Kenya
- Merchandise trade 22.2% (2025)
- Food imports 16.3% (2024)
- Manufactures imports 56.6% (2024)
- Merchandise imports 21.61 billion current US$ (2025)
- Food exports 49.2% (2024)
- Manufactures exports 30.7% (2024)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 149.5 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0633 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.42 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Kenya?
- New businesses registered in Kenya was 58,919 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Kenya?
- The highest recorded value was 58,919 number in 2024.
- What is the lowest new businesses registered recorded in Kenya?
- The lowest recorded value was 37,733 number in 2017.
- How does Kenya rank for new businesses registered?
- Kenya ranks 30th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Kenya?
- Over the last ten years it is up 56.1%. The long-run trend across the full record is rising.
- Where does this Kenya 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 — 8 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.