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24Peaks / Asia / Mongolia / Number of New Business Registrations and Bankruptcies

Mongolia - Number of New Business Registrations and Bankruptcies 18,238

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

Latest value

18,238 (2024)

Global rank

##55 of 183 economies

vs global median

1.5×

Growth since 2006

1.38×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#13#25#37#49#6120062011201620212024#40#552023 overtook Algeria2024 overtook Ecuador
MongoliaBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. Mongolia climbed from #40 to #55 (overtook Algeria). Gaps in a lane = missing data that year.

Key events for Mongolia ↓

Key Events — Mongolia

Auto-detected from rank data + curated milestones

2023
Overtook Algeria in global rank auto
2024
Overtook Ecuador in global rank auto

Number of New Business Registrations and Bankruptcies, 2006-2024

World Bank WDI · Number · linear scale · ranking in the race above
20062011201620212024811111,48714,86218,238

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Related indicators

Number of Import Partners, Number of Export Partners

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