Amman: 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.
According to Jordan News Agency, the report, which is based on the World Bank's Entrepreneurship Database, indicated that company registrations are a key indicator of private sector dynamism, investor confidence, and the business environment's ability to support new economic activity.
The report 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. This reflects an improvement in the pace of business formation in recent years.