New businesses registered in Somalia, Fed. Rep.

195 companies were registered in Somalia, Fed. Rep. in 2024.

Measure: New businesses registered Unit: New limited liability companies Data: 2016 to 2024 Source: World Bank
Somalia, Fed. Rep., 2024 195 New limited liability companies
Change from 2023 −36.3% 2023: 306 companies

New businesses registered in Somalia, Fed. Rep. over time

View
Places
1 selected
Somalia, Fed. Rep.

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), 2016 to 2024
Period Somalia, Fed. Rep.
2024 195 companies
2023 306 companies
2022 259 companies
2021 144 companies
2020 800 companies
2019 900 companies
2018 800 companies
2017 1,300 companies
2016 1,500 companies

A dash means no value was published for that period.

In short

  • That is a change of −36.3% from 306 companies in 2023.
  • Since 2016, when it was 1,500 companies, the figure has changed by −87.0%.

More for Somalia, Fed. Rep.

All statistics for Somalia, Fed. Rep.

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
2016 to 2024 for Somalia, Fed. Rep.
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