GITNUXREPORT 2026

New Business Statistics

Record high new business applications across many nations show a strong global surge in entrepreneurship.

Min-ji Park

Research Analyst focused on sustainability and consumer trends.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Statistic 1

U.S. new businesses contribute 34% to GDP growth annually.

Statistic 2

Startups account for 50% of U.S. GDP value-added by high-growth firms.

Statistic 3

UK new businesses contribute £100 billion to GDP yearly.

Statistic 4

India startups projected to add $1 trillion to GDP by 2030.

Statistic 5

U.S. small businesses (many new) generate 44% of GDP.

Statistic 6

Australia new firms contribute 33% to GDP.

Statistic 7

Canada entrepreneurs drive 80% of net new jobs impacting 2% GDP growth.

Statistic 8

Germany startups contribute €150 billion to GDP annually.

Statistic 9

Brazil MSMEs represent 30% of GDP, new ones 5% growth.

Statistic 10

EU new enterprises generate €2 trillion in value added yearly.

Statistic 11

China private new firms contribute 60% GDP.

Statistic 12

U.S. immigrant-founded firms generate $1.3 trillion sales.

Statistic 13

Global entrepreneurship adds $12 trillion to world GDP.

Statistic 14

France new businesses boost GDP by 15% via innovation.

Statistic 15

South Africa SMEs contribute 40% GDP.

Statistic 16

U.S. new firms innovation patents: 65% from startups.

Statistic 17

UK fintech startups add £11B to GDP.

Statistic 18

Indonesia MSMEs 61% GDP, new growth 7%.

Statistic 19

Global VC-backed startups 10x GDP impact per dollar invested.

Statistic 20

U.S. Black-owned businesses contribute $183B revenue.

Statistic 21

Mexico SMEs 52% GDP.

Statistic 22

New Zealand small businesses 29% GDP.

Statistic 23

U.S. new businesses employ 3 million workers annually from formations.

Statistic 24

U.S. startups created 2.9 million jobs in 2022.

Statistic 25

New U.S. firms account for 1.6 million net new jobs yearly average 1998-2021.

Statistic 26

UK new businesses hired 1.2 million employees in first year post-2021.

Statistic 27

India startups employ 1.25 million directly as of 2023.

Statistic 28

U.S. young firms (under 5 years) employ 26% of private workforce.

Statistic 29

Australia new businesses added 250,000 jobs in 2021-22.

Statistic 30

Canadian startups employ 15% of private sector jobs.

Statistic 31

Germany new firms created 2.5 million jobs in 2022.

Statistic 32

Brazil MSMEs employ 60 million, with 4M new jobs from new registrations 2022.

Statistic 33

U.S. minority-owned new businesses employ 8 million.

Statistic 34

EU startups generate 85% of new jobs in economy.

Statistic 35

South Africa new SMEs created 1 million jobs 2022.

Statistic 36

China new market entities added 15 million urban jobs 2022.

Statistic 37

U.S. women-owned firms employ 9.4 million, many new post-2020.

Statistic 38

France new businesses employ 3 million in first years.

Statistic 39

Global startups employ 10% of workforce in high-growth sectors.

Statistic 40

U.S. gig economy new platforms employ 59 million freelancers.

Statistic 41

Mexico new MSMEs employ 4.5 million newly.

Statistic 42

UK tech startups employ 500,000 in 2022.

Statistic 43

U.S. construction new firms hire 1 million annually.

Statistic 44

Indonesia MSMEs employ 97% workforce, new ones 2M jobs 2022.

Statistic 45

In 2022, the U.S. recorded 5.48 million new business applications, a record high representing a 53.7% increase from 2019 pre-pandemic levels.

Statistic 46

New business applications in the U.S. surged by 7.5% in March 2023 compared to March 2022, reaching 438,000.

Statistic 47

During Q4 2022, U.S. states like Florida led with over 600,000 new business applications for the year.

Statistic 48

In 2021, the UK saw 1.1 million new businesses registered, up 32% from 2020.

Statistic 49

India registered 124,000 new businesses under the Startup India initiative by March 2023.

Statistic 50

Australia had 372,000 new business entries in 2021-22, a 14% increase from prior year.

Statistic 51

Canada reported 98,943 new employer businesses in 2021, highest since 2002.

Statistic 52

Germany saw 2.8 million new company formations in 2022, up 4.5% year-over-year.

Statistic 53

Brazil had 4.2 million new micro and small businesses formalized in 2022 via MEI program.

Statistic 54

South Africa registered 105,315 new companies in 2022/23 fiscal year.

Statistic 55

In 2023, U.S. projected business applications to exceed 5.5 million annually.

Statistic 56

EU-27 countries formed 3.2 million new enterprises in 2021.

Statistic 57

Japan had 152,000 new corporate establishments in 2022.

Statistic 58

Mexico saw 1.1 million new business registrations in 2022.

Statistic 59

Nigeria recorded over 20,000 new business name registrations in Q1 2023.

Statistic 60

France had 995,000 new business creations in 2022, up 12%.

Statistic 61

China approved 10.5 million new market entities in 2022.

Statistic 62

U.S. employer business applications hit 1.2 million in 2022.

Statistic 63

New Zealand saw 52,000 new businesses in 2022.

Statistic 64

Indonesia registered 3.5 million new MSMEs in 2022.

Statistic 65

U.S. high-propensity business applications reached 446,000 in March 2023.

Statistic 66

UK Companies House registered 684,000 new companies in 2022.

Statistic 67

Singapore had 35,800 new business entities in 2022.

Statistic 68

Argentina formalized 120,000 new monotributistas in Q1 2023.

Statistic 69

U.S. states with highest new apps: CA 745K, TX 650K in 2022.

Statistic 70

Global new firm entry rate averaged 9.5% of existing firms in 2020.

Statistic 71

Italy formed 340,000 new businesses in 2022.

Statistic 72

Turkey registered 110,000 new companies in 2022.

Statistic 73

U.S. online-only new business applications: 152K in 2022.

Statistic 74

Spain had 95,000 new business births in 2021.

Statistic 75

U.S. venture capital funding for new businesses reached $330 billion in 2021.

Statistic 76

Global VC investment in startups hit $671 billion in 2021.

Statistic 77

In 2022, seed-stage funding for U.S. startups averaged $2.6 million per deal.

Statistic 78

UK startups raised £30 billion in VC in 2022.

Statistic 79

India saw $24 billion in startup funding in 2022.

Statistic 80

Angel investments in U.S. startups totaled $25 billion in 2022.

Statistic 81

Europe VC funding for new tech firms: €125 billion in 2021.

Statistic 82

Crowdfunding platforms raised $1.1 billion for U.S. startups in 2022.

Statistic 83

China startups received $130 billion in VC in 2021.

Statistic 84

Average Series A round size for U.S. startups: $15 million in 2022.

Statistic 85

Brazil startups raised $3.8 billion in 2022.

Statistic 86

Female-founded U.S. startups got 2.3% of VC funding in 2022 ($4.3B).

Statistic 87

Fintech startups captured 18% of global VC at $92B in 2021.

Statistic 88

U.S. bootstrapped startups: 82% of new businesses self-fund initially.

Statistic 89

Africa VC funding hit $5 billion in 2022 for startups.

Statistic 90

SaaS startups average $1.5M seed funding in U.S. 2022.

Statistic 91

Canada startups raised CAD 9.6B in VC 2022.

Statistic 92

Late-stage VC deals averaged $100M+ in U.S. 2022.

Statistic 93

Southeast Asia startups: $10B funding in 2022.

Statistic 94

U.S. AI startups raised $48B in 2022 VC.

Statistic 95

MENA region startups got $2.7B in 2022.

Statistic 96

U.S. Series B median: $30M in 2022.

Statistic 97

LATAM VC funding: $15B cumulative 2019-2022.

Statistic 98

New U.S. unicorns funded: 69 in Q4 2022.

Statistic 99

Global climate tech VC: $70.1B in 2022.

Statistic 100

20% of U.S. new businesses fail in first year, 50% within 5 years.

Statistic 101

UK new businesses survival rate after 3 years: 45% as of 2021 cohort.

Statistic 102

U.S. startups survival after 10 years: 30%.

Statistic 103

India startups: 90% fail within first 5 years per 2022 study.

Statistic 104

Australia new business survival rate year 1: 70%, year 3: 50%.

Statistic 105

Canada employer enterprises survival rate after 1 year: 78% in 2021.

Statistic 106

Germany new firms 5-year survival: 48% in 2022 data.

Statistic 107

Brazil new MEIs survival after 1 year: 65%.

Statistic 108

EU average new enterprise survival rate after 3 years: 40%.

Statistic 109

South Africa new SMEs 5-year survival: 20-30%.

Statistic 110

France new business 5-year survival rate: 55% in 2022.

Statistic 111

China new firms 3-year survival: 60% urban areas.

Statistic 112

U.S. retail new businesses 1-year failure: 22%.

Statistic 113

UK hospitality startups survival after 5 years: 25%.

Statistic 114

Japan new corporate survival rate year 1: 85%.

Statistic 115

Mexico new firms survival after 2 years: 40%.

Statistic 116

Global average startup failure rate: 90% within 10 years.

Statistic 117

U.S. tech startups 5-year survival: 35%.

Statistic 118

Italy new business 3-year survival: 42%.

Statistic 119

Nigeria SME survival rate after 3 years: 35%.

Statistic 120

U.S. service sector new firms 10-year survival: 25%.

Statistic 121

New Zealand new business survival year 3: 55%.

1/121

Sources

Trusted by 500+ publications

+497

While a staggering 90% of startups ultimately fail within a decade, the raw, unstoppable energy of global entrepreneurship has never been more evident than in recent record-shattering years, with millions of new ventures launching and securing unprecedented funding to collectively drive economies and reshape our world.

Key Takeaways

In 2022, the U.S. recorded 5.48 million new business applications, a record high representing a 53.7% increase from 2019 pre-pandemic levels.
New business applications in the U.S. surged by 7.5% in March 2023 compared to March 2022, reaching 438,000.
During Q4 2022, U.S. states like Florida led with over 600,000 new business applications for the year.
U.S. venture capital funding for new businesses reached $330 billion in 2021.
Global VC investment in startups hit $671 billion in 2021.
In 2022, seed-stage funding for U.S. startups averaged $2.6 million per deal.
U.S. new businesses employ 3 million workers annually from formations.
U.S. startups created 2.9 million jobs in 2022.
New U.S. firms account for 1.6 million net new jobs yearly average 1998-2021.
20% of U.S. new businesses fail in first year, 50% within 5 years.
UK new businesses survival rate after 3 years: 45% as of 2021 cohort.
U.S. startups survival after 10 years: 30%.
U.S. new businesses contribute 34% to GDP growth annually.
Startups account for 50% of U.S. GDP value-added by high-growth firms.
UK new businesses contribute £100 billion to GDP yearly.

Record high new business applications across many nations show a strong global surge in entrepreneurship.

Economic Impact

U.S. new businesses contribute 34% to GDP growth annually.
Startups account for 50% of U.S. GDP value-added by high-growth firms.
UK new businesses contribute £100 billion to GDP yearly.
India startups projected to add $1 trillion to GDP by 2030.
U.S. small businesses (many new) generate 44% of GDP.
Australia new firms contribute 33% to GDP.
Canada entrepreneurs drive 80% of net new jobs impacting 2% GDP growth.
Germany startups contribute €150 billion to GDP annually.
Brazil MSMEs represent 30% of GDP, new ones 5% growth.
EU new enterprises generate €2 trillion in value added yearly.
China private new firms contribute 60% GDP.
U.S. immigrant-founded firms generate $1.3 trillion sales.
Global entrepreneurship adds $12 trillion to world GDP.
France new businesses boost GDP by 15% via innovation.
South Africa SMEs contribute 40% GDP.
U.S. new firms innovation patents: 65% from startups.
UK fintech startups add £11B to GDP.
Indonesia MSMEs 61% GDP, new growth 7%.
Global VC-backed startups 10x GDP impact per dollar invested.
U.S. Black-owned businesses contribute $183B revenue.
Mexico SMEs 52% GDP.
New Zealand small businesses 29% GDP.

Economic Impact Interpretation

From Silicon Valley garages to London fintech hubs, this global tapestry of new businesses is the vibrant, relentless, and often underfunded engine stitching innovation directly into the fabric of our economy, one disruptive idea at a time.

Employment Data

U.S. new businesses employ 3 million workers annually from formations.
U.S. startups created 2.9 million jobs in 2022.
New U.S. firms account for 1.6 million net new jobs yearly average 1998-2021.
UK new businesses hired 1.2 million employees in first year post-2021.
India startups employ 1.25 million directly as of 2023.
U.S. young firms (under 5 years) employ 26% of private workforce.
Australia new businesses added 250,000 jobs in 2021-22.
Canadian startups employ 15% of private sector jobs.
Germany new firms created 2.5 million jobs in 2022.
Brazil MSMEs employ 60 million, with 4M new jobs from new registrations 2022.
U.S. minority-owned new businesses employ 8 million.
EU startups generate 85% of new jobs in economy.
South Africa new SMEs created 1 million jobs 2022.
China new market entities added 15 million urban jobs 2022.
U.S. women-owned firms employ 9.4 million, many new post-2020.
France new businesses employ 3 million in first years.
Global startups employ 10% of workforce in high-growth sectors.
U.S. gig economy new platforms employ 59 million freelancers.
Mexico new MSMEs employ 4.5 million newly.
UK tech startups employ 500,000 in 2022.
U.S. construction new firms hire 1 million annually.
Indonesia MSMEs employ 97% workforce, new ones 2M jobs 2022.

Employment Data Interpretation

While these figures paint a wildly different statistical landscape across nations, they collectively roar a unifying truth: new businesses are not just the quirky upstarts of the economy, but its indefatigable job-creating lifeblood, from a tech startup in London to a micro-enterprise in Jakarta.

Formation Rates

In 2022, the U.S. recorded 5.48 million new business applications, a record high representing a 53.7% increase from 2019 pre-pandemic levels.
New business applications in the U.S. surged by 7.5% in March 2023 compared to March 2022, reaching 438,000.
During Q4 2022, U.S. states like Florida led with over 600,000 new business applications for the year.
In 2021, the UK saw 1.1 million new businesses registered, up 32% from 2020.
India registered 124,000 new businesses under the Startup India initiative by March 2023.
Australia had 372,000 new business entries in 2021-22, a 14% increase from prior year.
Canada reported 98,943 new employer businesses in 2021, highest since 2002.
Germany saw 2.8 million new company formations in 2022, up 4.5% year-over-year.
Brazil had 4.2 million new micro and small businesses formalized in 2022 via MEI program.
South Africa registered 105,315 new companies in 2022/23 fiscal year.
In 2023, U.S. projected business applications to exceed 5.5 million annually.
EU-27 countries formed 3.2 million new enterprises in 2021.
Japan had 152,000 new corporate establishments in 2022.
Mexico saw 1.1 million new business registrations in 2022.
Nigeria recorded over 20,000 new business name registrations in Q1 2023.
France had 995,000 new business creations in 2022, up 12%.
China approved 10.5 million new market entities in 2022.
U.S. employer business applications hit 1.2 million in 2022.
New Zealand saw 52,000 new businesses in 2022.
Indonesia registered 3.5 million new MSMEs in 2022.
U.S. high-propensity business applications reached 446,000 in March 2023.
UK Companies House registered 684,000 new companies in 2022.
Singapore had 35,800 new business entities in 2022.
Argentina formalized 120,000 new monotributistas in Q1 2023.
U.S. states with highest new apps: CA 745K, TX 650K in 2022.
Global new firm entry rate averaged 9.5% of existing firms in 2020.
Italy formed 340,000 new businesses in 2022.
Turkey registered 110,000 new companies in 2022.
U.S. online-only new business applications: 152K in 2022.
Spain had 95,000 new business births in 2021.

Formation Rates Interpretation

The pandemic may have thrown the world into chaos, but it clearly didn't dim the entrepreneurial spirit, as evidenced by a global eruption of new business applications that suggests everyone, from Florida to France, decided their escape plan from the old normal was to become their own boss.

Funding Statistics

U.S. venture capital funding for new businesses reached $330 billion in 2021.
Global VC investment in startups hit $671 billion in 2021.
In 2022, seed-stage funding for U.S. startups averaged $2.6 million per deal.
UK startups raised £30 billion in VC in 2022.
India saw $24 billion in startup funding in 2022.
Angel investments in U.S. startups totaled $25 billion in 2022.
Europe VC funding for new tech firms: €125 billion in 2021.
Crowdfunding platforms raised $1.1 billion for U.S. startups in 2022.
China startups received $130 billion in VC in 2021.
Average Series A round size for U.S. startups: $15 million in 2022.
Brazil startups raised $3.8 billion in 2022.
Female-founded U.S. startups got 2.3% of VC funding in 2022 ($4.3B).
Fintech startups captured 18% of global VC at $92B in 2021.
U.S. bootstrapped startups: 82% of new businesses self-fund initially.
Africa VC funding hit $5 billion in 2022 for startups.
SaaS startups average $1.5M seed funding in U.S. 2022.
Canada startups raised CAD 9.6B in VC 2022.
Late-stage VC deals averaged $100M+ in U.S. 2022.
Southeast Asia startups: $10B funding in 2022.
U.S. AI startups raised $48B in 2022 VC.
MENA region startups got $2.7B in 2022.
U.S. Series B median: $30M in 2022.
LATAM VC funding: $15B cumulative 2019-2022.
New U.S. unicorns funded: 69 in Q4 2022.
Global climate tech VC: $70.1B in 2022.

Funding Statistics Interpretation

While a global river of venture capital flooded to a record $671 billion in 2021, with individual deals ballooning to $100 million and new unicorns being minted by the dozen, the stark reality for the vast majority of hopeful founders is that they must first swim upstream alone, as 82% of U.S. startups self-fund and the average seed round is a more modest, though still substantial, lifeline.

Survival Rates

20% of U.S. new businesses fail in first year, 50% within 5 years.
UK new businesses survival rate after 3 years: 45% as of 2021 cohort.
U.S. startups survival after 10 years: 30%.
India startups: 90% fail within first 5 years per 2022 study.
Australia new business survival rate year 1: 70%, year 3: 50%.
Canada employer enterprises survival rate after 1 year: 78% in 2021.
Germany new firms 5-year survival: 48% in 2022 data.
Brazil new MEIs survival after 1 year: 65%.
EU average new enterprise survival rate after 3 years: 40%.
South Africa new SMEs 5-year survival: 20-30%.
France new business 5-year survival rate: 55% in 2022.
China new firms 3-year survival: 60% urban areas.
U.S. retail new businesses 1-year failure: 22%.
UK hospitality startups survival after 5 years: 25%.
Japan new corporate survival rate year 1: 85%.
Mexico new firms survival after 2 years: 40%.
Global average startup failure rate: 90% within 10 years.
U.S. tech startups 5-year survival: 35%.
Italy new business 3-year survival: 42%.
Nigeria SME survival rate after 3 years: 35%.
U.S. service sector new firms 10-year survival: 25%.
New Zealand new business survival year 3: 55%.

Survival Rates Interpretation

While the entrepreneurial dream is sold as a global phenomenon, the statistical reality is a sobering but persistent game of international survival roulette where most bets eventually lose, but those who endure often reshape the entire table.

Sources & References

Logos provided by Logo.dev