New businesses registered (number) in Uganda
Uganda: New businesses registered was 29,330 number in 2024. ▲ Rising
New businesses registered in Uganda, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Uganda recorded 29,330 number for new businesses registered in 2024. That is the highest value across all 19 years on record.
That represents a change of up 7.3% on the previous year and up 87.1% over ten years.
Over the whole period, new businesses registered in Uganda peaked at 29,330 number in 2024 and was at its lowest, 7,104 number, in 2006.
Uganda ranks 47th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
New businesses registered in Uganda, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 7,104 number | — |
| 2007 | 7,479 number | +5.3% |
| 2008 | 8,376 number | +12.0% |
| 2009 | 9,486 number | +13.3% |
| 2010 | 10,490 number | +10.6% |
| 2011 | 14,661 number | +39.8% |
| 2012 | 9,583 number | -34.6% |
| 2013 | 15,994 number | +66.9% |
| 2014 | 15,672 number | -2.0% |
| 2015 | 16,096 number | +2.7% |
| 2016 | 24,111 number | +49.8% |
| 2017 | 19,646 number | -18.5% |
| 2018 | 23,048 number | +17.3% |
| 2019 | 24,153 number | +4.8% |
| 2020 | 22,836 number | -5.5% |
| 2021 | 21,028 number | -7.9% |
| 2022 | 18,984 number | -9.7% |
| 2023 | 27,346 number | +44.0% |
| 2024 | 29,330 number | +7.3% |
Uganda compared with similar countries
- Uganda's 29,330 number is above the median for low income countries, which is 2,741 number, 10.7× the median. (19 countries reporting)
- Uganda's 29,330 number is above the median for Sub-Saharan Africa, which is 5,522 number, 5.3× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8,111 number | 7,104 number | 9,486 number | 4 |
| 2010s | 17,345 number | 9,583 number | 24,153 number | 10 |
| 2020s | 23,905 number | 18,984 number | 29,330 number | 5 |
Countries ranked near Uganda
More private sector data for Uganda
- Merchandise trade 49.9% (2025)
- Food imports 10.7% (2024)
- Manufactures imports 47.3% (2024)
- Merchandise imports 18.40 billion current US$ (2025)
- Food exports 39.3% (2024)
- Manufactures exports 14.3% (2024)
- Merchandise exports 12.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 243.26 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2017 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 55.49 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Uganda?
- New businesses registered in Uganda was 29,330 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Uganda?
- The highest recorded value was 29,330 number in 2024.
- What is the lowest new businesses registered recorded in Uganda?
- The lowest recorded value was 7,104 number in 2006.
- How does Uganda rank for new businesses registered?
- Uganda ranks 47th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Uganda?
- Over the last ten years it is up 87.1%. The long-run trend across the full record is rising.
- Where does this Uganda 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.