Brazil: New businesses registered (number)

Key figures

What the numbers say

In 2024, Brazil's new businesses registered (number) rose 12.2% on 2023 (from 872,849 to 979,211).

Across the 17 yearly changes before that (2007 to 2023), the average change was +7.2% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 31.6% in 2021 and the biggest yearly fall was 7.1% in 2014. 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 74,555 a year. A straight line explains 95% 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, Brazil had the 1st 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 Brazil in the 2024 ranking

• United Kingdom — 2nd of 127: 841,138
• South Africa — 3rd of 127: 494,475
• Australia — 4th of 127: 316,561

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)
• Argentina — 15,818 (2024)
• Barbados — 1,517 (2024)
• Belize — 3,710 (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

More private sector & trade data for Brazil

• Merchandise trade (% of GDP) — 28.16% (2025)
• Merchandise imports (current US$) — US$293.7 billion (2025)
• Merchandise exports (current US$) — US$348.28 billion (2025)
• Merchandise imports from economies in the Arab World (% of total merchandise imports) — 4.43% (2023)
• Merchandise imports from high-income economies (% of total merchandise imports) — 56.39% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 32.52% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 25.58% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Reading data like this

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Questions people ask

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

979,211 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 241.74% from 286,540 in 2006 (7.07% a year on average, compounded). The highest value was 979,211 in 2024 and the lowest 286,540 in 2006.

How does Brazil rank?

1st highest of 127 economies with data for 2024.

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

In 2024, Brazil's new businesses registered (number) rose 12.2% on 2023 (from 872,849 to 979,211). Across the 17 yearly changes before that (2007 to 2023), the average change was +7.2% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

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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