In fact, research from the US Small Business Administration shows that the average failure rate for new businesses is the following: Of course, not all of these newly formed businesses will stick around-many won’t even last past their first year. How many businesses are created each year? Year And according to data from the US Census Bureau, 5.4 million new business applications were filed in 2021, which is the highest of any year on record and a 53% increase from 2019. That average is from the past five years of business formation data in the United States. On average, there are 4.4 million businesses are started every year. The onset of the pandemic in 2020 has driven a surge in new business creation, so the number of new businesses is trending up.
Data from the US Census Bureau shows that 5,044,748 new businesses were started in 2022.
