Nigeria vs Saudi Arabia: New businesses registered
Nigeria
136,961 number
in 2022
Saudi Arabia
141,067 number
in 2024
Nigeria rank
12th
Saudi Arabia rank
11th
New businesses registered over time
- Nigeria
- Saudi Arabia
How they compare
Saudi Arabia currently reports 141,067 number against 136,961 number in Nigeria, a difference of 4,106 number.
Across all 17 years both countries report, Nigeria has been ahead every year.
Nigeria ranks 12th and Saudi Arabia ranks 11th of 176 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nigeria | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 52,469 number | 6,940 number | 45,529 number | Nigeria |
| 2010s | 76,636 number | 16,312 number | 60,324 number | Nigeria |
| 2020s | 121,643 number | 28,476 number | 93,167 number | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new businesses registered, Nigeria or Saudi Arabia?
- Saudi Arabia, at 141,067 number against 136,961 number in Nigeria as of 2024.
- What is the difference in new businesses registered between Nigeria and Saudi Arabia?
- 4,106 number, with Saudi Arabia ahead.
- How many years of comparable data are there for Nigeria and Saudi Arabia?
- 17 years are reported by both, from 2006 to 2022.
- How do Nigeria and Saudi Arabia rank globally for new businesses registered?
- Nigeria ranks 12th and Saudi Arabia ranks 11th of 176 countries.
- Where does this data come from?
- Entrepreneurship Database, World Bank (WB), published as New businesses registered (number). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.