New businesses registered (number) in Uruguay
Uruguay: New businesses registered was 7,187 number in 2024. ▲ Rising
New businesses registered in Uruguay, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Uruguay recorded 7,187 number for new businesses registered in 2024.
Compared with earlier readings it is up 4.8% on the previous year and up 15.8% over ten years.
Over the whole period, new businesses registered in Uruguay peaked at 7,865 number in 2012 and was at its lowest, 3,198 number, in 2009.
Uruguay ranks 104th 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 Uruguay, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 4,111 number | — |
| 2007 | 4,718 number | +14.8% |
| 2008 | 4,371 number | -7.4% |
| 2009 | 3,198 number | -26.8% |
| 2010 | 4,422 number | +38.3% |
| 2011 | 4,980 number | +12.6% |
| 2012 | 7,865 number | +57.9% |
| 2013 | 6,061 number | -22.9% |
| 2014 | 6,206 number | +2.4% |
| 2015 | 3,326 number | -46.4% |
| 2016 | 3,895 number | +17.1% |
| 2017 | 4,039 number | +3.7% |
| 2018 | 3,326 number | -17.7% |
| 2019 | 3,300 number | -0.8% |
| 2020 | 5,054 number | +53.2% |
| 2021 | 5,875 number | +16.2% |
| 2022 | 6,999 number | +19.1% |
| 2023 | 6,860 number | -2.0% |
| 2024 | 7,187 number | +4.8% |
Uruguay compared with similar countries
- Uruguay's 7,187 number is below the median for high income countries, which is 19,050 number, 38% of the median. (63 countries reporting)
- Uruguay's 7,187 number is above the median for Latin America & Caribbean, which is 5,128 number, 1.4× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,100 number | 3,198 number | 4,718 number | 4 |
| 2010s | 4,742 number | 3,300 number | 7,865 number | 10 |
| 2020s | 6,395 number | 5,054 number | 7,187 number | 5 |
Countries ranked near Uruguay
- 101 Moldova 7,478 number compare
- 102 Bangladesh 7,365 number compare
- 103 Burundi 7,263 number compare
- 105 Montenegro 7,136 number compare
- 106 Democratic Republic of Congo 6,095 number compare
- 107 North Macedonia 6,045 number compare
More private sector data for Uruguay
- Merchandise trade 28.3% (2025)
- Food imports 14.1% (2024)
- Manufactures imports 69.6% (2024)
- Merchandise imports 12.95 billion current US$ (2025)
- Food exports 65.3% (2024)
- Manufactures exports 18.9% (2024)
- Merchandise exports 11.23 billion current US$ (2025)
- Merchandise exports (current US$), per capita 3,318 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.53 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Uruguay?
- New businesses registered in Uruguay was 7,187 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Uruguay?
- The highest recorded value was 7,865 number in 2012.
- What is the lowest new businesses registered recorded in Uruguay?
- The lowest recorded value was 3,198 number in 2009.
- How does Uruguay rank for new businesses registered?
- Uruguay ranks 104th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Uruguay?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this Uruguay 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.
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About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.