New businesses registered in terms of a number of limited companies reached 9,165 firms in 2020 in Azerbaijan, according to the National Statistical Office. This is 41.6% less than in the previous year.
Historically, new businesses registered in terms of a number of limited companies in Azerbaijan reached an all time high of 15,687 firms in 2019 and an all time low of 3,541 firms in 2010.
Azerbaijan has been ranked 63rd within the group of 111 countries we follow in terms of new businesses registered in terms of a number of limited companies.
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