Malta's new businesses registered (number) was 3,247 in 2024, the latest year in the World Bank's World Development Indicators. That is down 35.24% from 5,014 in 2014 (4.25% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3,247 | 2024 |
| Five years earlier | 4,172 | 2019 |
| Ten years earlier | 5,014 | 2014 |
| Highest | 5,756 | 2018 |
| Lowest | 2,380 | 2006 |
| Average since 2015 | 4,151 | 2015–2024 |
| First recorded | 2,380 | 2006 |
What the numbers say
In 2024, Malta's new businesses registered (number) rose 3.1% on 2023 (from 3,150 to 3,247).
Across the 17 yearly changes before that (2007 to 2023), the average change was +2.6% and a typical year strayed about 13.3% from that (the standard deviation). This year's change was 0.0 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 18.4% in 2012 and the biggest yearly fall was 27.5% in 2019. 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 downward, about 326.13 a year. A straight line explains 77% 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, Malta had the 102nd 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 Malta in the 2024 ranking
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 | 3,247 |
| 2023 | 3,150 |
| 2022 | 2,756 |
| 2021 | 3,261 |
| 2020 | 3,396 |
| 2019 | 4,172 |
| 2018 | 5,756 |
| 2017 | 5,276 |
| 2016 | 5,125 |
| 2015 | 5,372 |
| 2014 |
New businesses registered (number) in nearby economies
More private sector & trade data for Malta
- Merchandise imports (current US$) — US$9.22 billion (2025)
- Merchandise exports (current US$) — US$3.82 billion (2025)
- Merchandise imports from economies in the Arab World (% of total merchandise imports) — 2.59% (2023)
- Merchandise imports from high-income economies (% of total merchandise imports) — 84.63% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 13.43% (2023)
- Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 6.3% (2023)
- Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
Reading data like this
Questions people ask
- What is Malta's new businesses registered (number)?
- 3,247 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 36.43% from 2,380 in 2006 (1.74% a year on average, compounded). The highest value was 5,756 in 2018 and the lowest 2,380 in 2006.
- How does Malta rank?
- 102nd highest of 127 economies with data for 2024.
- Is the latest change in new businesses registered (number) unusual for Malta?
- In 2024, Malta's new businesses registered (number) rose 3.1% on 2023 (from 3,150 to 3,247). Across the 17 yearly changes before that (2007 to 2023), the average change was +2.6% and a typical year strayed about 13.3% from that (the standard deviation). This year's change was 0.0 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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