New company registrations in Jordan reach decade-high in 2024

Amman, July 8 (Petra) – The number of newly registered limited
liability companies in Jordan exceeded 5,000 in 2024, marking the
highest level in the past decade, according to a new report in the
Jordan Strategy Forum (JSF) Knowledge is Power series.

The report, based on the World Bank’s Entrepreneurship Database, said
company registrations are a key indicator of private sector dynamism,
investor confidence and the business environment’s ability to support
new economic activity.

It noted that the annual average of newly registered limited
liability companies rose to around 3,900 during the 2020–2024 period,
up from about 3,600 between 2015 and 2019, reflecting an improvement
in the pace of business formation in recent years.

//Petra// AK