New businesses registered in Russia
Russia: New businesses registered was 214,957 number in 2024. ▼ Falling
New businesses registered in Russia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Russia stood at 214,957 number.
Compared with earlier readings it is down 10.9% on the previous year and down 49.7% over ten years.
Over the whole period, new businesses registered in Russia peaked at 456,046 number in 2015 and was at its lowest, 157,281 number, in 2011.
That places Russia 7th out of 177 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
New businesses registered in Russia, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 419,318 number | — |
| 2007 | 403,914 number | -3.7% |
| 2008 | 415,693 number | +2.9% |
| 2009 | 257,170 number | -38.1% |
| 2010 | 258,327 number | +0.4% |
| 2011 | 157,281 number | -39.1% |
| 2012 | 397,952 number | +153.0% |
| 2013 | 398,782 number | +0.2% |
| 2014 | 427,388 number | +7.2% |
| 2015 | 456,046 number | +6.7% |
| 2016 | 433,464 number | -5.0% |
| 2017 | 390,299 number | -10.0% |
| 2018 | 317,475 number | -18.7% |
| 2019 | 281,834 number | -11.2% |
| 2020 | 214,895 number | -23.8% |
| 2021 | 221,776 number | +3.2% |
| 2022 | 240,458 number | +8.4% |
| 2023 | 241,246 number | +0.3% |
| 2024 | 214,957 number | -10.9% |
Russia compared with similar countries
- Russia's 214,957 number is above the median for high income countries, which is 19,050 number, 11.3× the median. (63 countries reporting)
- Russia's 214,957 number is above the median for Europe & Central Asia, which is 19,136 number, 11.2× the median. (50 countries reporting)
Biggest year-on-year movements
Years where New businesses registered in Russia 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 |
|---|---|---|---|
| 2012 | +153.0% | 157,281 number | 397,952 number |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 374,024 number | 257,170 number | 419,318 number | 4 |
| 2010s | 351,885 number | 157,281 number | 456,046 number | 10 |
| 2020s | 226,666 number | 214,895 number | 241,246 number | 5 |
Countries ranked near Russia
More private sector data for Russia
- Merchandise trade 28.2% (2025)
- Food imports 10.9% (2021)
- Manufactures imports 79.8% (2021)
- Merchandise imports 302.71 billion current US$ (2025)
- Food exports 6.6% (2021)
- Manufactures exports 22.1% (2021)
- Merchandise exports 419.40 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,922 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1637 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.28 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Russia?
- New businesses registered in Russia was 214,957 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Russia?
- The highest recorded value was 456,046 number in 2015.
- What is the lowest new businesses registered recorded in Russia?
- The lowest recorded value was 157,281 number in 2011.
- How does Russia rank for new businesses registered?
- Russia ranks 7th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Russia?
- Over the last ten years it is down 49.7%. The long-run trend across the full record is falling.
- Where does this Russia 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.