New businesses registered (number) in Malaysia
Malaysia: New businesses registered (number) was 59,611 number in 2024. ▲ Rising
New businesses registered in Malaysia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Malaysia recorded 59,611 number for new businesses registered in 2024. That is the highest value across all 19 years on record.
The figure is up 7.4% on the previous year and up 15.7% over ten years.
Over the whole period, new businesses registered in Malaysia peaked at 59,611 number in 2024 and was at its lowest, 38,271 number, in 2006.
That places Malaysia 29th out of 177 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
New businesses registered (number) in Malaysia, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 38,271 number | — |
| 2007 | 43,299 number | +13.1% |
| 2008 | 41,631 number | -3.9% |
| 2009 | 41,447 number | -0.4% |
| 2010 | 44,136 number | +6.5% |
| 2011 | 45,452 number | +3.0% |
| 2012 | 45,402 number | -0.1% |
| 2013 | 47,719 number | +5.1% |
| 2014 | 51,516 number | +8.0% |
| 2015 | 48,555 number | -5.7% |
| 2016 | 46,639 number | -3.9% |
| 2017 | 52,100 number | +11.7% |
| 2018 | 51,732 number | -0.7% |
| 2019 | 50,946 number | -1.5% |
| 2020 | 47,840 number | -6.1% |
| 2021 | 49,048 number | +2.5% |
| 2022 | 51,887 number | +5.8% |
| 2023 | 55,510 number | +7.0% |
| 2024 | 59,611 number | +7.4% |
Malaysia compared with similar countries
- Malaysia's 59,611 number is above the median for upper middle income countries, which is 8,806 number, 6.8× the median. (52 countries reporting)
- Malaysia's 59,611 number is above the median for East Asia & Pacific, which is 16,144 number, 3.7× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41,162 number | 38,271 number | 43,299 number | 4 |
| 2010s | 48,420 number | 44,136 number | 52,100 number | 10 |
| 2020s | 52,779 number | 47,840 number | 59,611 number | 5 |
Countries ranked near Malaysia
More private sector data for Malaysia
- Merchandise trade 151.7% (2025)
- Food imports 8.3% (2025)
- Manufactures imports 72.0% (2025)
- Merchandise imports 340.44 billion current US$ (2025)
- Food exports 10.4% (2025)
- Manufactures exports 72.7% (2025)
- Merchandise exports 376.04 billion current US$ (2025)
- Merchandise exports (current US$), per capita 10,452 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.7964 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 13.69 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Malaysia?
- New businesses registered in Malaysia was 59,611 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Malaysia?
- The highest recorded value was 59,611 number in 2024.
- What is the lowest new businesses registered recorded in Malaysia?
- The lowest recorded value was 38,271 number in 2006.
- How does Malaysia rank for new businesses registered?
- Malaysia ranks 29th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Malaysia?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
- Where does this Malaysia 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.