New businesses registered (number) in Rwanda
Rwanda: New businesses registered was 22,734 number in 2024. ◆ Volatile
New businesses registered in Rwanda, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Rwanda is 22,734 number, measured in 2024. That is the highest value across all 19 years on record.
The figure is up 23.3% on the previous year and up 127.4% over ten years.
Over the whole period, new businesses registered in Rwanda peaked at 22,734 number in 2024 and was at its lowest, 247 number, in 2006.
That places Rwanda 56th 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 Rwanda, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 247 number | — |
| 2007 | 314 number | +27.1% |
| 2008 | 430 number | +36.9% |
| 2009 | 1,310 number | +204.7% |
| 2010 | 3,641 number | +177.9% |
| 2011 | 6,039 number | +65.9% |
| 2012 | 8,511 number | +40.9% |
| 2013 | 9,291 number | +9.2% |
| 2014 | 9,998 number | +7.6% |
| 2015 | 9,887 number | -1.1% |
| 2016 | 10,099 number | +2.1% |
| 2017 | 10,005 number | -0.9% |
| 2018 | 10,547 number | +5.4% |
| 2019 | 12,552 number | +19.0% |
| 2020 | 16,105 number | +28.3% |
| 2021 | 17,442 number | +8.3% |
| 2022 | 18,401 number | +5.5% |
| 2023 | 18,443 number | +0.2% |
| 2024 | 22,734 number | +23.3% |
Rwanda compared with similar countries
- Rwanda's 22,734 number is above the median for low income countries, which is 2,741 number, 8.3× the median. (19 countries reporting)
- Rwanda's 22,734 number is above the median for Sub-Saharan Africa, which is 5,522 number, 4.1× the median. (43 countries reporting)
Biggest year-on-year movements
Years where New businesses registered in Rwanda 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 | +204.7% | 430 number | 1,310 number |
| 2010 | +177.9% | 1,310 number | 3,641 number |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 575.25 number | 247 number | 1,310 number | 4 |
| 2010s | 9,057 number | 3,641 number | 12,552 number | 10 |
| 2020s | 18,625 number | 16,105 number | 22,734 number | 5 |
Countries ranked near Rwanda
More private sector data for Rwanda
- Merchandise trade 45.9% (2025)
- Food imports 22.4% (2022)
- Manufactures imports 50.0% (2022)
- Merchandise imports 5.07 billion current US$ (2025)
- Food exports 27.2% (2022)
- Manufactures exports 10.4% (2022)
- Merchandise exports 2.45 billion current US$ (2025)
- Merchandise exports (current US$), per capita 168.16 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1496 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -23.46 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Rwanda?
- New businesses registered in Rwanda was 22,734 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Rwanda?
- The highest recorded value was 22,734 number in 2024.
- What is the lowest new businesses registered recorded in Rwanda?
- The lowest recorded value was 247 number in 2006.
- How does Rwanda rank for new businesses registered?
- Rwanda ranks 56th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Rwanda?
- Over the last ten years it is up 127.4%. The long-run trend across the full record is volatile.
- Where does this Rwanda 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.