Mauritius: New businesses registered (number)

Key figures

What the numbers say

In 2024, Mauritius' new businesses registered (number) rose 20.2% on 2023 (from 10,490 to 12,614).

Across the 17 yearly changes before that (2007 to 2023), the average change was +3% and a typical year strayed about 13.9% from that (the standard deviation). This year's change was 1.2 standard deviations above 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 23.1% in 2022 and the biggest yearly fall was 26.4% 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 there is no clear straight-line trend: a straight line explains 25% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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

How it compares

In 2024, Mauritius had the 65th 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 Mauritius in the 2024 ranking

• Croatia — 62nd of 127: 14,324
• Azerbaijan — 63rd of 127: 14,215
• Senegal — 64th of 127: 13,136
• Namibia — 66th of 127: 12,117
• Guatemala — 67th of 127: 11,909
• Cayman Islands — 68th of 127: 11,197

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

• Angola — 30,956 (2024)
• Benin — 5,522 (2024)
• Botswana — 21,456 (2024)
• Burkina Faso — 10,046 (2024)
• Burundi — 7,263 (2024)
• Cabo Verde — 7,719 (2024)
• Central African Republic — 258 (2024)
• Chad — 1,391 (2024)
• Comoros — 387 (2024)
• Congo, Dem. Rep. — 6,095 (2024)
• Congo, Rep.

More private sector & trade data for Mauritius

• Merchandise trade (% of GDP) — 57.42% (2025)
• Merchandise imports (current US$) — US$6.94 billion (2025)
• Merchandise exports (current US$) — US$2.34 billion (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 58.14% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 27% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 5.93% (2023)
• Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) — 1.56% (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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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

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

12,614 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 69.66% from 7,435 in 2006 (2.98% a year on average, compounded). The highest value was 12,614 in 2024 and the lowest 6,312 in 2020.

How does Mauritius rank?

65th highest of 127 economies with data for 2024.

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

In 2024, Mauritius' new businesses registered (number) rose 20.2% on 2023 (from 10,490 to 12,614). Across the 17 yearly changes before that (2007 to 2023), the average change was +3% and a typical year strayed about 13.9% from that (the standard deviation). This year's change was 1.2 standard deviations above 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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