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

Philippines - Number of New Business Registrations and Bankruptcies 39,146

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

Latest value

39,146 (2024)

Global rank

##35 of 183 economies

vs global median

3.2×

Growth since 2006

2.94×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#11#21#31#41#5120062011201620212024#39#352023 overtook Ethiopia2024 overtook Japan
PhilippinesBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. Philippines climbed from #39 to #35 (overtook Ethiopia). Gaps in a lane = missing data that year.

Key events for Philippines ↓

Key Events — Philippines

Auto-detected from rank data + curated milestones

2021
Climbed 17 places in global rank auto
2023
Overtook Ethiopia in global rank auto
2024
Overtook Japan in global rank auto

Number of New Business Registrations and Bankruptcies, 2006-2024

World Bank WDI · Number · linear scale · ranking in the race above
2006201120162021202411,43520,67229,90939,146

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Related indicators

Number of Import Partners, Number of Export Partners

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