Ukraine's new businesses registered (number) was 51,349 in 2017, the latest year in the World Bank's World Development Indicators. That is up 34.63% from 38,141 in 2007 (3.02% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 51,349 | 2017 |
| Five years earlier | 29,619 | 2012 |
| Ten years earlier | 38,141 | 2007 |
| Highest | 51,349 | 2017 |
| Lowest | 21,567 | 2009 |
| Average since 2008 | 35,467 | 2008–2017 |
| First recorded | 30,934 | 2006 |
What the numbers say
In 2017, Ukraine's new businesses registered (number) rose 6.7% on 2016 (from 48,138 to 51,349).
Across the 10 yearly changes before that (2007 to 2016), the average change was +7% and a typical year strayed about 23.6% from that (the standard deviation). This year's change was 0.0 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 45.8% in 2010 and the biggest yearly fall was 31.3% 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 2008 to 2017 the straight-line trend is upward, about 2,432 a year. A straight line explains 71% 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.
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 12 values
| Year | New businesses registered (number) |
|---|---|
| 2017 | 51,349 |
| 2016 | 48,138 |
| 2015 | 38,088 |
| 2014 | 33,406 |
| 2013 | 35,203 |
| 2012 | 29,619 |
| 2011 | 34,468 |
| 2010 | 31,450 |
| 2009 | 21,567 |
| 2008 | 31,385 |
| 2007 |
New businesses registered (number) in nearby economies
More private sector & trade data for Ukraine
- Merchandise trade (% of GDP) — 57.85% (2025)
- Merchandise imports (current US$) — US$83.57 billion (2025)
- Merchandise exports (current US$) — US$40.37 billion (2025)
- Insurance and financial services (% of commercial service imports) — 3.93% (2025)
- Merchandise imports from economies in the Arab World (% of total merchandise imports) — 1.81% (2023)
- Merchandise imports from high-income economies (% of total merchandise imports) — 64.98% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 25.09% (2023)
- Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Reading data like this
Questions people ask
- What is Ukraine's new businesses registered (number)?
- 51,349 in 2017, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 66% from 30,934 in 2006 (4.71% a year on average, compounded). The highest value was 51,349 in 2017 and the lowest 21,567 in 2009.
- Is the latest change in new businesses registered (number) unusual for Ukraine?
- In 2017, Ukraine's new businesses registered (number) rose 6.7% on 2016 (from 48,138 to 51,349). Across the 10 yearly changes before that (2007 to 2016), the average change was +7% and a typical year strayed about 23.6% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Entrepreneurship Database, World Bank (WB), uri: https://www.worldbank.org/en/programs/entrepreneurship.
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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