New businesses registered (number) in Turkey
Turkey: New businesses registered (number) was 115,401 number in 2024. ▲ Rising
New businesses registered in Turkey, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Turkey recorded 115,401 number for new businesses registered in 2024.
That represents a change of down 10.2% on the previous year and up 89.7% over ten years.
Over the whole period, new businesses registered in Turkey peaked at 142,220 number in 2022 and was at its lowest, 42,403 number, in 2012.
That places Turkey 19th 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 Turkey, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 53,757 number | — |
| 2007 | 56,900 number | +5.8% |
| 2008 | 51,060 number | -10.3% |
| 2009 | 46,449 number | -9.0% |
| 2010 | 54,018 number | +16.3% |
| 2011 | 57,358 number | +6.2% |
| 2012 | 42,403 number | -26.1% |
| 2013 | 52,509 number | +23.8% |
| 2014 | 60,829 number | +15.8% |
| 2015 | 67,782 number | +11.4% |
| 2016 | 64,882 number | -4.3% |
| 2017 | 74,936 number | +15.5% |
| 2018 | 86,210 number | +15.0% |
| 2019 | 85,413 number | -0.9% |
| 2020 | 101,482 number | +18.8% |
| 2021 | 110,909 number | +9.3% |
| 2022 | 142,220 number | +28.2% |
| 2023 | 128,456 number | -9.7% |
| 2024 | 115,401 number | -10.2% |
Turkey compared with similar countries
- Turkey's 115,401 number is above the median for upper middle income countries, which is 8,806 number, 13.1× the median. (52 countries reporting)
- Turkey's 115,401 number is above the median for Europe & Central Asia, which is 19,136 number, 6.0× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52,042 number | 46,449 number | 56,900 number | 4 |
| 2010s | 64,634 number | 42,403 number | 86,210 number | 10 |
| 2020s | 119,694 number | 101,482 number | 142,220 number | 5 |
Countries ranked near Turkey
More private sector data for Turkey
- Merchandise trade 40.0% (2025)
- Food imports 6.2% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 365.37 billion current US$ (2025)
- Food exports 12.3% (2024)
- Manufactures exports 73.6% (2024)
- Merchandise exports 273.36 billion current US$ (2025)
- Merchandise exports (current US$), per capita 3,183 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1711 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.42 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Turkey?
- New businesses registered in Turkey was 115,401 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Turkey?
- The highest recorded value was 142,220 number in 2022.
- What is the lowest new businesses registered recorded in Turkey?
- The lowest recorded value was 42,403 number in 2012.
- How does Turkey rank for new businesses registered?
- Turkey ranks 19th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Turkey?
- Over the last ten years it is up 89.7%. The long-run trend across the full record is rising.
- Where does this Turkey 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.