New businesses registered (number) in Thailand
Thailand: New businesses registered (number) was 87,596 number in 2024. ▲ Rising
New businesses registered in Thailand, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Thailand stood at 87,596 number. That is the highest value across all 19 years on record.
That represents a change of up 2.7% on the previous year and up 47.3% over ten years.
Over the whole period, new businesses registered in Thailand peaked at 87,596 number in 2024 and was at its lowest, 40,749 number, in 2007.
That places Thailand 22nd 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 Thailand, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 46,895 number | — |
| 2007 | 40,749 number | -13.1% |
| 2008 | 42,778 number | +5.0% |
| 2009 | 41,242 number | -3.6% |
| 2010 | 50,776 number | +23.1% |
| 2011 | 55,403 number | +9.1% |
| 2012 | 63,845 number | +15.2% |
| 2013 | 67,301 number | +5.4% |
| 2014 | 59,468 number | -11.6% |
| 2015 | 60,147 number | +1.1% |
| 2016 | 64,292 number | +6.9% |
| 2017 | 74,517 number | +15.9% |
| 2018 | 72,109 number | -3.2% |
| 2019 | 71,485 number | -0.9% |
| 2020 | 63,340 number | -11.4% |
| 2021 | 72,958 number | +15.2% |
| 2022 | 76,488 number | +4.8% |
| 2023 | 85,300 number | +11.5% |
| 2024 | 87,596 number | +2.7% |
Thailand compared with similar countries
- Thailand's 87,596 number is above the median for upper middle income countries, which is 8,806 number, 9.9× the median. (52 countries reporting)
- Thailand's 87,596 number is above the median for East Asia & Pacific, which is 16,144 number, 5.4× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42,916 number | 40,749 number | 46,895 number | 4 |
| 2010s | 63,934 number | 50,776 number | 74,517 number | 10 |
| 2020s | 77,136 number | 63,340 number | 87,596 number | 5 |
Countries ranked near Thailand
More private sector data for Thailand
- Merchandise trade 118.6% (2025)
- Food imports 6.6% (2024)
- Manufactures imports 65.8% (2024)
- Merchandise imports 344.94 billion current US$ (2025)
- Food exports 14.7% (2024)
- Manufactures exports 72.1% (2024)
- Merchandise exports 339.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,742 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5886 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.93 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Thailand?
- New businesses registered in Thailand was 87,596 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Thailand?
- The highest recorded value was 87,596 number in 2024.
- What is the lowest new businesses registered recorded in Thailand?
- The lowest recorded value was 40,749 number in 2007.
- How does Thailand rank for new businesses registered?
- Thailand ranks 22nd out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Thailand?
- Over the last ten years it is up 47.3%. The long-run trend across the full record is rising.
- Where does this Thailand 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.