New businesses registered (number) in Zambia
Zambia: New businesses registered was 18,109 number in 2024. ▲ Rising
New businesses registered in Zambia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
Zambia recorded 18,109 number for new businesses registered in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 1.5% on the previous year and up 92.6% over ten years.
Over the whole period, new businesses registered in Zambia peaked at 18,109 number in 2024 and was at its lowest, 3,714 number, in 2006.
Zambia ranks 66th 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 Zambia, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 3,714 number | — |
| 2007 | 5,540 number | +49.2% |
| 2008 | 6,026 number | +8.8% |
| 2009 | 5,172 number | -14.2% |
| 2010 | 6,355 number | +22.9% |
| 2011 | 7,774 number | +22.3% |
| 2012 | 8,849 number | +13.8% |
| 2013 | 9,404 number | +6.3% |
| 2014 | 9,400 number | -0.0% |
| 2015 | 9,137 number | -2.8% |
| 2016 | 8,875 number | -2.9% |
| 2017 | 9,400 number | +5.9% |
| 2018 | 10,240 number | +8.9% |
| 2019 | 9,606 number | -6.2% |
| 2020 | 10,736 number | +11.8% |
| 2021 | 13,990 number | +30.3% |
| 2022 | 17,300 number | +23.7% |
| 2023 | 17,837 number | +3.1% |
| 2024 | 18,109 number | +1.5% |
Zambia compared with similar countries
- Zambia's 18,109 number is above the median for lower middle income countries, which is 5,646 number, 3.2× the median. (42 countries reporting)
- Zambia's 18,109 number is above the median for Sub-Saharan Africa, which is 5,522 number, 3.3× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,113 number | 3,714 number | 6,026 number | 4 |
| 2010s | 8,904 number | 6,355 number | 10,240 number | 10 |
| 2020s | 15,594 number | 10,736 number | 18,109 number | 5 |
Countries ranked near Zambia
More private sector data for Zambia
- Merchandise trade 91.7% (2025)
- Food imports 7.8% (2024)
- Manufactures imports 64.4% (2024)
- Merchandise imports 13.17 billion current US$ (2025)
- Food exports 8.7% (2024)
- Manufactures exports 14.1% (2024)
- Merchandise exports 13.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 607.56 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.461 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.07 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Zambia?
- New businesses registered in Zambia was 18,109 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Zambia?
- The highest recorded value was 18,109 number in 2024.
- What is the lowest new businesses registered recorded in Zambia?
- The lowest recorded value was 3,714 number in 2006.
- How does Zambia rank for new businesses registered?
- Zambia ranks 66th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Zambia?
- Over the last ten years it is up 92.6%. The long-run trend across the full record is rising.
- Where does this Zambia 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.