New businesses registered in Philippines

39,146 companies were registered in Philippines 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
Philippines, 2024 39,146 New limited liability companies
Change from 2023 +7.8% 2023: 36,329 companies

New businesses registered in Philippines over time

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Philippines

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 Philippines
2024 39,146 companies
2023 36,329 companies
2022 30,507 companies
2021 27,032 companies
2020 15,161 companies
2019 21,835 companies
2018 20,092 companies
2017 24,379 companies
2016 22,412 companies
2015 21,453 companies
2014 21,066 companies
2013 20,231 companies
2012 18,515 companies
2011 17,495 companies
2010 11,714 companies
2009 11,435 companies
2008 13,470 companies
2007 12,285 companies
2006 13,325 companies

A dash means no value was published for that period.

In short

  • That is a change of +7.8% from 36,329 companies in 2023.
  • Since 2014, when it was 21,066 companies, the figure has changed by +85.8%.

More for Philippines

All statistics for Philippines

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 Philippines
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