{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"id-new-business-registrations","url":"https://apiardata.com/statistics/id-new-business-registrations","html_url":"https://apiardata.com/statistics/id-new-business-registrations/","title":"Indonesia New Business Registrations (Number per Year) (2024)","description":"Indonesia's New Business Registrations (Number per Year): 182,200 number of registrations in 2024, -1.9% YoY. World Bank (IC.BUS.NREG), 2006–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","Indonesia","2024"],"publisher":"World Bank","frequency":"Annual","geography":"Indonesia","temporal_coverage":"2006/2024","unit":"number of registrations","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2024","variable_measured":"Indonesia New Business Registrations (Number per Year)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/IC.BUS.NREG?locations=ID"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2006–2024"},{"label":"Observations","value":"19"},{"label":"Geography","value":"Indonesia"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Indonesia (2024)","value":"182,200","unit":"number of registrations","trend":{"direction":"down","value":"-1.9% YoY"}},{"label":"YoY Change","value":"-1.9%","unit":"number of registrations"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"19","unit":"years of data"}],"series":[{"key":"value","label":"Indonesia New Business Registrations (Number per Year)"}],"observation_count":19,"observations":[{"period":"2006","value":23536},{"period":"2007","value":24966},{"period":"2008","value":39305},{"period":"2009","value":29608},{"period":"2010","value":38110},{"period":"2011","value":43905},{"period":"2012","value":47715},{"period":"2013","value":51151},{"period":"2014","value":57954},{"period":"2015","value":57194},{"period":"2016","value":58461},{"period":"2017","value":58337},{"period":"2018","value":61663},{"period":"2019","value":69615},{"period":"2020","value":70555},{"period":"2021","value":93426},{"period":"2022","value":152316},{"period":"2023","value":185765},{"period":"2024","value":182200}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"number of registrations"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"182200.0","yoyChange":"-1.9%"},{"year":"2023","value":"185765.0","yoyChange":"+22.0%"},{"year":"2022","value":"152316.0","yoyChange":"+63.0%"},{"year":"2021","value":"93426.0","yoyChange":"+32.4%"},{"year":"2020","value":"70555.0","yoyChange":"+1.4%"},{"year":"2019","value":"69615.0","yoyChange":"+12.9%"},{"year":"2018","value":"61663.0","yoyChange":"+5.7%"},{"year":"2017","value":"58337.0","yoyChange":"-0.2%"},{"year":"2016","value":"58461.0","yoyChange":"+2.2%"},{"year":"2015","value":"57194.0","yoyChange":"-1.3%"},{"year":"2014","value":"57954.0","yoyChange":"+13.3%"},{"year":"2013","value":"51151.0","yoyChange":"+7.2%"},{"year":"2012","value":"47715.0","yoyChange":"+8.7%"},{"year":"2011","value":"43905.0","yoyChange":"+15.2%"},{"year":"2010","value":"38110.0","yoyChange":"+28.7%"},{"year":"2009","value":"29608.0","yoyChange":"-24.7%"},{"year":"2008","value":"39305.0","yoyChange":"+57.4%"},{"year":"2007","value":"24966.0","yoyChange":"+6.1%"},{"year":"2006","value":"23536.0","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the number of new limited liability companies registered per year in Indonesia from 2006 to present. 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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"The series peaked at 185,765 number of registrations in 2023 and reached its lowest recorded value of 23,536 in 2006. The latest reading of 182,200 in 2024 represents a change of -3,565."}]}