Argentina: New businesses registered (number)

Key figures

What the numbers say

In 2024, Argentina's new businesses registered (number) fell 26.9% on 2023 (from 21,641 to 15,818).

Across the 17 yearly changes before that (2007 to 2023), the average change was +4.1% and a typical year strayed about 15.4% from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 43% in 2018 and the biggest yearly fall was 26.9% in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 805.82 a year. A straight line explains 34% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Argentina had the 59th highest value of the 127 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Argentina in the 2024 ranking

• Georgia — 56th of 127: 17,783
• Israel — 57th of 127: 17,470
• Greece — 58th of 127: 16,000
• Tunisia — 60th of 127: 14,870
• Cyprus — 61st of 127: 14,444
• Croatia — 62nd of 127: 14,324

What this measures

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.

Limitations: The definition of entrepreneurship used is limited to the formal sector. Yet, it should be noted that the exclusion of the informal sector is based on the difficulties of quantifying the number of firms that compose it, rather than on its relevance for developing economies. Data collected from economies categorized as offshore financial centers by Eurostat are excluded from the analysis, because registered entities in these countries may not fit the objective of the Entrepreneurship Database aiming at measuring formally registered companies with actual economic activities.

All 19 values

New businesses registered (number) in nearby economies

• Antigua and Barbuda — 275 (2024)
• Barbados — 1,517 (2024)
• Belize — 3,710 (2024)
• Brazil — 979,211 (2024)
• Cayman Islands — 11,197 (2024)
• Chile — 123,159 (2023)
• Colombia — 82,208 (2024)
• Costa Rica — 22,333 (2024)
• Dominica — 171 (2024)
• Ecuador — 19,317 (2024)
• El Salvador — 4,862 (2024)

More private sector & trade data for Argentina

• Merchandise trade (% of GDP) — 23.85% (2025)
• Merchandise imports (current US$) — US$75.79 billion (2025)
• Merchandise exports (current US$) — US$87.11 billion (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 35.96% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 29.67% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 25.37% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 34.37% (2023)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Argentina's new businesses registered (number)?

15,818 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 22.83% from 12,878 in 2006 (1.15% a year on average, compounded). The highest value was 22,738 in 2019 and the lowest 10,117 in 2009.

How does Argentina rank?

59th highest of 127 economies with data for 2024.

Is the latest change in new businesses registered (number) unusual for Argentina?

In 2024, Argentina's new businesses registered (number) fell 26.9% on 2023 (from 21,641 to 15,818). Across the 17 yearly changes before that (2007 to 2023), the average change was +4.1% and a typical year strayed about 15.4% from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator IC.BUS.NREG, licensed CC BY 4.0. Original source: Entrepreneurship Database, World Bank (WB), uri: https://www.worldbank.org/en/programs/entrepreneurship Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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