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India - Number of New Business Registrations and Bankruptcies 173,712

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

Latest value

173,712 (2024)

Global rank

##9 of 183 economies

vs global median

14.3×

Growth since 2006

3.49×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#3#5#7#9#11#13#1520062011201620212024#15#92015 overtook Peru2017 overtook Spain
IndiaBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. India climbed from #15 to #9 (overtook Peru). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2015
Overtook Peru in global rank auto
2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2017
Overtook Spain in global rank auto
2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

Number of New Business Registrations and Bankruptcies, 2006-2024

World Bank WDI · Number · linear scale · ranking in the race above
2006201120162021202449,72191,051132,382173,712

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