Russia (2024)
214,957
number of registrations
-10.9% YoY
YoY Change
-10.9%
number of registrations
Trend
down
Series length
19
years of data

Data

Russia New Business Registrations (Number per Year) (2024) — source data. World Bank.
Year number of registrations YoY Change
2024 214,957 -10.9%
2023 241,246 +0.3%
2022 240,458 +8.4%
2021 221,776 +3.2%
2020 214,895 -23.8%
2019 281,834 -11.2%
2018 317,475 -18.7%
2017 390,299 -10.0%
2016 433,464 -5.0%
2015 456,046 +6.7%
2014 427,388 +7.2%
2013 398,782 +0.2%
2012 397,952 +153.0%
2011 157,281 -39.1%
2010 258,327 +0.4%
2009 257,170 -38.1%
2008 415,693 +2.9%
2007 403,914 -3.7%
2006 419,318 n/a

About this Dataset

Russia recorded 214,957 number of registrations in 2024. The latest change was -26,289. Across 2006–2024 the series ranges from 157,281 in 2011 to 456,046 in 2015.

This page tracks the number of new limited liability companies registered per year in Russia from 2006 to present. 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 Russia 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.

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 peaked at 456,046 number of registrations in 2015 and reached its lowest recorded value of 157,281 in 2011. The latest reading of 214,957 in 2024 represents a change of -26,289.