As of 2020, Tunisia and South Africa recorded the highest share of African firms that were officially registered before starting operations, corresponding to 96 percent and 95.8 percent, respectively. The proportion of businesses operating formally varied significantly within the continent. In 2018, only around 67 percent of the enterprises in Chad started their activities being formally registered.
Share of businesses that were formally registered when they started operations in selected African countries between 2018 and 2020
Data as of 2020: Egypt, South Africa, and Tunisia.
Data as of 2019: Morocco, Rwanda, and Zambia.
Data as of 2018: Chad, The Gambia, Kenya, and Mozambique.
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World Bank. (May 25, 2022). Share of businesses that were formally registered when they started operations in selected African countries between 2018 and 2020 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1235633/firms-formally-registered-when-operations-started-in-africa-by-country/
World Bank. "Share of businesses that were formally registered when they started operations in selected African countries between 2018 and 2020." Chart. May 25, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1235633/firms-formally-registered-when-operations-started-in-africa-by-country/
World Bank. (2022). Share of businesses that were formally registered when they started operations in selected African countries between 2018 and 2020. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1235633/firms-formally-registered-when-operations-started-in-africa-by-country/
World Bank. "Share of Businesses That Were Formally Registered When They Started Operations in Selected African Countries between 2018 and 2020." Statista, Statista Inc., 25 May 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1235633/firms-formally-registered-when-operations-started-in-africa-by-country/
World Bank, Share of businesses that were formally registered when they started operations in selected African countries between 2018 and 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1235633/firms-formally-registered-when-operations-started-in-africa-by-country/ (last visited November 10, 2024)
Share of businesses that were formally registered when they started operations in selected African countries between 2018 and 2020 [Graph], World Bank, May 25, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1235633/firms-formally-registered-when-operations-started-in-africa-by-country/
