24Peaks / Africa / Somalia / Number of New Business Registrations and Bankruptcies

Somalia - Number of New Business Registrations and Bankruptcies 195

World Bank WDI · updated 2026-10-15 · 183 economies tracked

Latest value

195 (2024)

Global rank

##128 of 183 economies

vs global median

0.0×

Growth since 2016

0.13×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#25#49#73#97#121#14520062011201620212024#130#1282023 overtook Turks and Caicos Islands2024 overtook Liechtenstein
SomaliaBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. Somalia climbed from #130 to #128 (overtook Turks and Caicos Islands). Gaps in a lane = missing data that year.

Key events for Somalia ↓

Key Events — Somalia

Auto-detected from rank data + curated milestones

2023
Overtook Turks and Caicos Islands in global rank auto
2024
Overtook Liechtenstein in global rank auto

Number of New Business Registrations and Bankruptcies, 2016-2024

World Bank WDI · Number · linear scale · ranking in the race above
20162021202414459610481500

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