Australia New Business Registrations (Number per Year) (2024)
Australia's New Business Registrations (Number per Year): 316,561 number of registrations in 2024, +10.6% YoY. World Bank (IC.BUS.NREG), 2006–2024.
Australia (2024)
316,561
number of registrations
+10.6% YoY
YoY Change
+10.6%
Trend
up
Series length
19
years of data
Data
| Year | number of registrations | YoY Change |
|---|---|---|
| 2024 | 316,561 | +10.6% |
| 2023 | 286,290 | +5.5% |
| 2022 | 271,369 | -9.1% |
| 2021 | 298,665 | +26.3% |
| 2020 | 236,447 | +5.8% |
| 2019 | 223,389 | -5.2% |
| 2018 | 235,684 | -5.4% |
| 2017 | 249,048 | +2.4% |
| 2016 | 243,105 | +0.9% |
| 2015 | 241,023 | +8.4% |
| 2014 | 222,294 | +10.1% |
| 2013 | 201,855 | +9.6% |
| 2012 | 184,237 | +10.5% |
| 2011 | 166,740 | +4.7% |
| 2010 | 159,246 | +9.1% |
| 2009 | 145,963 | +2.9% |
| 2008 | 141,827 | -9.9% |
| 2007 | 157,438 | +17.7% |
| 2006 | 133,756 | n/a |
About this Dataset
Australia recorded 316,561 number of registrations in 2024. The latest change was +10.6%. Across 2006–2024 the series ranges from 133,756 number of registrations in 2006 to 316,561 number of registrations in 2024.
This page tracks the number of new limited liability companies registered per year in Australia. New business registrations are the primary proxy for startup formation and entrepreneurial activity in the formal economy.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the number of new limited liability companies registered per year in Australia. New business registrations are the primary proxy for startup formation and entrepreneurial activity in the formal economy. It is published by World Bank and updated annually.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 2006–2024 (19 observations).
The series is at its highest recorded level, 316,561 number of registrations in 2024, up from a low of 133,756 number of registrations in 2006. The latest change was +10.6%.