Egypt, Arab Rep.'s new businesses registered (number) was 18,587 in 2022, the latest year in the World Bank's World Development Indicators. That is up 617.37% from 2,591 in 2012 (21.78% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 18,587 | 2022 |
| Five years earlier | 5,387 | 2017 |
| Ten years earlier | 2,591 | 2012 |
| Highest | 19,286 | 2021 |
| Lowest | 900 | 2006 |
| Average since 2013 | 9,576 | 2013–2022 |
| First recorded | 900 | 2006 |
What the numbers say
In 2022, Egypt, Arab Rep.'s new businesses registered (number) fell 3.6% on 2021 (from 19,286 to 18,587).
Across the 15 yearly changes before that (2007 to 2021), the average change was +24.8% and a typical year strayed about 25.4% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 93.3% in 2018 and the biggest yearly fall was 8.3% in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is upward, about 2,063 a year. A straight line explains 93% 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 2022, Egypt, Arab Rep. had the 2nd highest value of the 12 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 Egypt, Arab Rep. in the 2022 ranking
- Nigeria — 1st of 12: 136,961
- Switzerland — 3rd of 12: 18,034
- Sri Lanka — 4th of 12: 17,447
- Panama — 5th of 12: 13,048
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 17 values
| Year | New businesses registered (number) |
|---|---|
| 2022 | 18,587 |
| 2021 | 19,286 |
| 2020 | 14,337 |
| 2019 | 13,570 |
| 2018 | 10,411 |
| 2017 | 5,387 |
| 2016 | 4,413 |
| 2015 | 3,902 |
| 2014 | 3,175 |
| 2013 | 2,695 |
| 2012 |
New businesses registered (number) in nearby economies
More private sector & trade data for Egypt, Arab Rep.
- Merchandise trade (% of GDP) — 40.78% (2025)
- Merchandise imports (current US$) — US$97.54 billion (2025)
- Merchandise exports (current US$) — US$51.4 billion (2025)
- Merchandise imports from economies in the Arab World (% of total merchandise imports) — 16.14% (2023)
- Merchandise imports from high-income economies (% of total merchandise imports) — 62.24% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 36.65% (2023)
- Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 18.77% (2023)
Reading data like this
Questions people ask
- What is Egypt, Arab Rep.'s new businesses registered (number)?
- 18,587 in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 1,965% from 900 in 2006 (20.83% a year on average, compounded). The highest value was 19,286 in 2021 and the lowest 900 in 2006.
- How does Egypt, Arab Rep. rank?
- 2nd highest of 12 economies with data for 2022.
- Is the latest change in new businesses registered (number) unusual for Egypt, Arab Rep.?
- In 2022, Egypt, Arab Rep.'s new businesses registered (number) fell 3.6% on 2021 (from 19,286 to 18,587). Across the 15 yearly changes before that (2007 to 2021), the average change was +24.8% and a typical year strayed about 25.4% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
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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