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Indonesia - Number of New Business Registrations and Bankruptcies 182,200

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

Latest value

182,200 (2024)

Global rank

##8 of 183 economies

vs global median

15.0×

Growth since 2006

7.74×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#6#11#16#21#2620062011201620212024#27#82022 overtook South Korea2023 overtook India
IndonesiaBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. Indonesia climbed from #27 to #8 (overtook South Korea). Gaps in a lane = missing data that year.

Key events for Indonesia ↓

Key Events — Indonesia

Auto-detected from rank data + curated milestones

2008
Global crisis impact curated

Commodity and capital-flow shock slows growth.

2020
COVID-19 recession curated

First recession since 1998 as tourism and trade slump.

2022
Overtook South Korea in global rank auto
2023
Overtook India in global rank auto

Number of New Business Registrations and Bankruptcies, 2006-2024

World Bank WDI · Number · linear scale · ranking in the race above
2006201120162021202423,53677,612131,689185,765

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