In 2024, around **** million startups were founded in South Korea, down from around **** million in the previous year. The number of new companies has fallen in recent years.

New businesses registered (number) in Germany was reported at 74773 number in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Germany - New businesses registered - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

New businesses registered (number) in Finland was reported at 20896 number in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Finland - New businesses registered - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Germany DE: New Businesses Registered data was reported at 74,773.000 Number in 2022. This records a decrease from the previous number of 82,991.000 Number for 2021. Germany DE: New Businesses Registered data is updated yearly, averaging 71,190.000 Number from Dec 2006 (Median) to 2022, with 17 observations. The data reached an all-time high of 82,991.000 Number in 2021 and a record low of 65,292.000 Number in 2007. Germany DE: New Businesses Registered data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Businesses Registered Statistics. New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.;World Bank's Entrepreneurship Database (https://www.worldbank.org/en/programs/entrepreneurship).;;For cross-country comparability, only limited liability corporations that operate in the formal sector are included.

New businesses registered (number) in India was reported at 173114 number in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - New businesses registered - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The number of small and medium-sized enterprises in the United States was forecast to continuously decrease between 2024 and 2029 by in total 6.7 thousand enterprises (-2.24 percent). After the fourteenth consecutive decreasing year, the number is estimated to reach 291.94 thousand enterprises and therefore a new minimum in 2029. According to the OECD an enterprise is defined as the smallest combination of legal units, which is an organisational unit producing services or goods, that benefits from a degree of autonomy with regards to the allocation of resources and decision making. Shown here are small and medium-sized enterprises, which are defined as companies with 1-249 employees.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

New businesses registered (number) in Jordan was reported at 2778 number in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Jordan - New businesses registered - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The following small business statistics broken down by industry to help you understand the small business landscape better.

The global fintech landscape in 2024 continued to be dominated by North America, home to more than ****** financial technology companies, showing modest growth from 2023. Europe maintained its position as the second-largest fintech hub with over ***** companies, while the Asia-Pacific region hosted ***** fintechs. Though the sector experienced steady expansion from 2008 to 2024, the pace of new fintech formations noticeably slowed after 2021. In 2024, the ************* reinforced its leadership in the industry by hosting approximately five times as many fintech unicorns as the second-ranked United Kingdom. Fintech investment landscape Investment into the fintech sector grew sharply between 2010 and 2021, with global investment value reaching an all-time high in 2021. After 2021, however, investment activity slowed down considerably. While the early slowdown may have been influenced by the COVID-19 pandemic, the continued moderation in investment likely signals that the fintech sector is entering a more mature phase. This maturation is characterized by market consolidation, increased focus on profitability over growth, and more selective investment in proven business models rather than speculative ventures. Leading fintech companies Services provided by fintech companies have become deeply integrated into daily life, transforming how people manage money, make payments, and access financial services. While fintech companies operate globally, the United States and China have emerged as dominant hubs, together hosting ***** of the world's *** largest fintech companies in 2024. However, innovation in the sector extends beyond these markets, as demonstrated by Stripe, an Irish payment processing platform that claimed the position of most valuable fintech unicorn in 2024.

The below table shows a complete breakdown of employer businesses owned by minorities.

New businesses registered (number) in Netherlands was reported at 39055 number in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Netherlands - New businesses registered - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Small Business Market size was valued at USD 1901 Billion in 2023 and is projected to reach USD 3305 Billion by 2031, growing at a CAGR of 8.6% during the forecast period 2024-2031.

Global Small Business Market Drivers

The market drivers for the Small Business Market can be influenced by various factors. These may include:

Digital Transformation: Small businesses are increasingly adopting digital tools and technologies to streamline operations, enhance customer engagement, and gain a competitive edge. Cloud computing, e-commerce platforms, CRM systems, and digital marketing are among the key technologies that small businesses are leveraging to scale and improve efficiency. This digital shift has been accelerated by the COVID-19 pandemic, which underscored the necessity of having an online presence and digital infrastructure. Access to Capital: Small business financing is becoming more accessible, with the rise of alternative lending platforms, microloans, and crowdfunding. Traditional banks are also adapting by offering more flexible loan products tailored to small businesses. Government initiatives and grants aimed at stimulating economic recovery post-pandemic have provided additional sources of funds, empowering small business growth and expansion. Remote Work and Flexibility: The trend toward remote work has opened new possibilities for small businesses to tap into talent pools beyond their geographic confines. This flexibility not only helps in cutting operational costs related to office space but also attracts a diverse workforce. Hybrid and remote working models have forced small businesses to adopt agile practices and invest in collaboration tools and cybersecurity measures. Consumer Preference for Local and Niche Products: There is a growing consumer trend favoring local, unique, and ethically sourced products. Small businesses have capitalized on this by offering personalized and authentic customer experiences that big corporations can’t easily replicate. Emphasizing local origins and sustainability often resonates well, driving customer loyalty and repeat business. Regulatory Changes: Changes in regulatory landscapes, including tax reforms, labor laws, and trade policies, can significantly impact small businesses. For instance, the recent shifts towards more favorable tax regulations for small and medium enterprises (SMEs) can ease financial burdens and encourage entrepreneurship. Compliance with new standards also drives innovation as small businesses adapt and optimize their operations. Technological Integration and Automation: The integration of AI and automation in small business operations is on the rise. These technologies help in optimizing supply chains, enhancing customer service with chatbots, and driving data-driven decision-making processes. Automation tools that manage inventory, customer relationships, and financial transactions reduce manual workloads and improve efficiency. Economic Recovery and Consumer Spending: The post-pandemic economic recovery has generally boosted consumer confidence and spending, which in turn benefits small businesses. Government stimulus packages and economic incentives have further stimulated spending and investment in the SME sector, leading to growth opportunities and market expansion. E-commerce Growth: The massive shift towards online shopping has opened up new sales channels for small businesses. E-commerce platforms like Shopify, Etsy, and Amazon make it easier for small businesses to reach a global audience. Additionally, advancements in payment gateways, logistics, and delivery services support small businesses in managing and fulfilling online orders seamlessly. Business Support Ecosystems: There is an expanding ecosystem of incubators, accelerators, mentoring programs, and business networks that offer crucial support to small businesses. These platforms provide funding, advocacy, mentorship, and educational resources, creating a robust support system that helps small businesses thrive and scale. Sustainability and Green Practices: Growing awareness and concern for the environment have led small businesses to adopt sustainable and eco-friendly practices. Whether it’s reducing carbon footprints, utilizing renewable energy, or offering green products and services, these practices appeal to environmentally conscious consumers and can lead to cost savings and enhanced brand reputation.

In financial year 2023, over 406 thousand new businesses entered the Australian market. By the end of that financial year, there were over 2.5 million businesses operating in Australia.

Bogotá harbors the largest number of startups than any other Colombian city. Nearly *** startup companies were located in the Colombian capital and its larger metropolitan area. Medellín came in second, with *** startups headquartered there. Most startups in Chile are located in Santiago.

Based on the more than *** startup companies identified in Argentina, over half were located in Buenos Aires. The Argentine capital and its larger metropolitan area were home to *** startup companies as of September 2024. Córdoba, Argentina's second most populated city, was the second favorite city to found a startup in Argentina, with *** enterprises. The Argentine startup ecosystem In recent years, Argentina and Brazil concentrated over ** percent of the startup ecosystem value in Latin America. Argentina alone accounted for ** percent of the total. This South American nation's ecosystem was valued at ** billion U.S. dollars that year, followed closely by Brazil, whose ecosystem's value stood at ** billion dollars.In 2023, Buenos Aires topped the list of best cities for startups in Argentina, registering a total score of ****. That year, the country’s capital and Córdoba also appeared in the ranking of top cities for startups in Latin America and the Caribbean. Female entrepreneurship Female entrepreneurship has been on the rise in Latin America, pushing against a male-dominated environment in the business sector. It continues to encounter, however, remarkable obstacles. Argentina’s female entrepreneurial activity rate was remarkably distant from that of other Latin American countries, like Ecuador and Colombia, where it exceeded ** percent. By contrast, even if the entrepreneurial activity rate among women in Argentina was not particularly high, it can be said that most females started their business because it was their choice, and not out of necessity.

The number of newly registered businesses in Indonesia was forecast to continuously increase between 2024 and 2029 by in total 0.03 thousand companies (+23.08 percent). The number is estimated to amount to 0.16 thousand companies in 2029. Shown is the number of newly registered businesses. According to World bank, this refers to the number of new limited liability corporations (or its equivalent) that were registered within a given calendar year.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of newly registered businesses in countries like Thailand and Singapore.

27% of the entire small business workforce had to be laid off or furloughed in 2020 due to the COVID-19 pandemic.

New businesses registered (number) in South Africa was reported at 434024 number in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - New businesses registered - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In June 2024, nearly *** new construction companies were founded in Hungary's capital, Budapest. Over the same period, a further ** construction businesses were started in the county of Pest.