New businesses registered in Mongolia

18,238 companies were registered in Mongolia in 2024. The value for 2024 is the highest in the series, which starts in 2006.

Measure: New businesses registered Unit: New limited liability companies Data: 2006 to 2024 Source: World Bank
Mongolia, 2024 18,238 New limited liability companies
Change from 2023 +17.6% 2023: 15,509 companies

New businesses registered in Mongolia over time

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Mongolia

New limited liability companies. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

New businesses registered (new limited liability companies), 2006 to 2024
Period Mongolia
2024 18,238 companies
2023 15,509 companies
2022 15,488 companies
2021 13,860 companies
2020 11,605 companies
2019 12,120 companies
2018 11,544 companies
2017 12,323 companies
2016 9,994 companies
2015 11,027 companies
2014 12,931 companies
2013 12,803 companies
2012 11,271 companies
2011 11,446 companies
2010 9,447 companies
2009 8,111 companies
2008 10,568 companies
2007 12,335 companies
2006 13,199 companies

A dash means no value was published for that period.

In short

  • That is a change of +17.6% from 15,509 companies in 2023.
  • Since 2014, when it was 12,931 companies, the figure has changed by +41.0%.

Source and dates

Original producer
World Bank, Entrepreneurship Database
Distributed by
World Bank, World Development Indicators
Dataset or series code
IC.BUS.NREG · dataset details · view at source
Observation period
2006 to 2024 for Mongolia
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: World Bank, Entrepreneurship Database