Kosovo's new businesses registered (number) was 8,824 in 2024, the latest year in the World Bank's World Development Indicators. That is up 316.82% from 2,117 in 2014 (15.34% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 8,824 | 2024 |
| Five years earlier | 5,585 | 2019 |
| Ten years earlier | 2,117 | 2014 |
| Highest | 8,824 | 2024 |
| Lowest | 767 | 2006 |
| Average since 2015 | 5,885 | 2015–2024 |
| First recorded | 767 | 2006 |
What the numbers say
In 2024, Kosovo's new businesses registered (number) rose 9.8% on 2023 (from 8,033 to 8,824).
Across the 17 yearly changes before that (2007 to 2023), the average change was +15.6% and a typical year strayed about 14.5% from that (the standard deviation). This year's change was 0.4 standard deviations below 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 56.7% in 2016 and the biggest yearly fall was 1.9% in 2009. 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 621.45 a year. A straight line explains 97% 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.
A straight-line projection, tested first
Extending that straight line gives about 10,579 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 164.92, against 1,190 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Kosovo had the 72nd 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 Kosovo in the 2024 ranking
- Burkina Faso — 69th of 127: 10,046
- Kyrgyz Republic — 70th of 127: 9,638
- Luxembourg — 71st of 127: 9,137
- Serbia — 73rd of 127: 8,788
- Armenia — 74th of 127: 8,381
- Kuwait — 75th of 127: 8,357
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
| Year | New businesses registered (number) |
|---|---|
| 2024 | 8,824 |
| 2023 | 8,033 |
| 2022 | 7,250 |
| 2021 | 6,846 |
| 2020 | 5,768 |
| 2019 | 5,585 |
| 2018 | 5,367 |
| 2017 | 4,656 |
| 2016 | 3,978 |
| 2015 | 2,539 |
| 2014 |
New businesses registered (number) in nearby economies
More private sector & trade data for Kosovo
- Insurance and financial services (% of commercial service imports) — 6.16% (2025)
- Computer, communications and other services (% of commercial service imports) — 17.97% (2025)
- Commercial service imports (current US$) — US$2.18 billion (2025)
- Transport services (% of commercial service imports) — 20% (2025)
- Travel services (% of commercial service imports) — 55.87% (2025)
- Insurance and financial services (% of commercial service exports) — 0.57% (2025)
- Computer, communications and other services (% of commercial service exports) — 19.29% (2025)
- Commercial service exports (current US$) — US$4.87 billion (2025)
Reading data like this
Questions people ask
- What is Kosovo's new businesses registered (number)?
- 8,824 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 1,050% from 767 in 2006 (14.53% a year on average, compounded). The highest value was 8,824 in 2024 and the lowest 767 in 2006.
- How does Kosovo rank?
- 72nd highest of 127 economies with data for 2024.
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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in