New businesses registered (number) in Laos
Laos: New businesses registered was 7,941 number in 2024. ◆ Volatile
New businesses registered in Laos, 2008–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Laos is 7,941 number, measured in 2024. That is the highest value across all 17 years on record.
That represents a change of up 21.2% on the previous year and up 723.8% over ten years.
Over the whole period, new businesses registered in Laos peaked at 7,941 number in 2024 and was at its lowest, 553 number, in 2008.
That places Laos 96th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
New businesses registered in Laos, year by year
| Year | number | Change |
|---|---|---|
| 2008 | 553 number | — |
| 2009 | 1,721 number | +211.2% |
| 2010 | 745 number | -56.7% |
| 2011 | 794 number | +6.6% |
| 2012 | 1,264 number | +59.2% |
| 2013 | 1,289 number | +2.0% |
| 2014 | 964 number | -25.2% |
| 2015 | 1,016 number | +5.4% |
| 2016 | 1,139 number | +12.1% |
| 2017 | 1,306 number | +14.7% |
| 2018 | 1,608 number | +23.1% |
| 2019 | 3,265 number | +103.0% |
| 2020 | 2,743 number | -16.0% |
| 2021 | 2,922 number | +6.5% |
| 2022 | 4,488 number | +53.6% |
| 2023 | 6,551 number | +46.0% |
| 2024 | 7,941 number | +21.2% |
Laos compared with similar countries
- Laos's 7,941 number is above the median for lower middle income countries, which is 5,646 number, 1.4× the median. (42 countries reporting)
- Laos's 7,941 number is below the median for East Asia & Pacific, which is 16,144 number, 49% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where New businesses registered in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +211.2% | 553 number | 1,721 number |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,137 number | 553 number | 1,721 number | 2 |
| 2010s | 1,339 number | 745 number | 3,265 number | 10 |
| 2020s | 4,929 number | 2,743 number | 7,941 number | 5 |
Countries ranked near Laos
More private sector data for Laos
- Merchandise trade 124.1% (2025)
- Food imports 12.7% (2023)
- Manufactures imports 61.7% (2023)
- Merchandise imports 10.34 billion current US$ (2025)
- Food exports 23.2% (2023)
- Manufactures exports 32.8% (2023)
- Merchandise exports 12.38 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,572 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6762 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 31.87 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Laos?
- New businesses registered in Laos was 7,941 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Laos?
- The highest recorded value was 7,941 number in 2024.
- What is the lowest new businesses registered recorded in Laos?
- The lowest recorded value was 553 number in 2008.
- How does Laos rank for new businesses registered?
- Laos ranks 96th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Laos?
- Over the last ten years it is up 723.8%. The long-run trend across the full record is volatile.
- Where does this Laos 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 — 17 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.