New business density (new registrations per 1,000 people ages 15-64) in Kuwait
Kuwait: New business density (new registrations per 1,000 people ages 15-64) was 2.14 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
Latest (2024)
2.14 new registrations per 1,000 people ages 15-64
Change on year
down 7.0%
World rank
93rd
of 177 countries
All-time high
5.55 new registrations per 1,000 people ages 15-64
in 2018
All-time low
0.4009 new registrations per 1,000 people ages 15-64
in 2010
Years of data
19
2006–2024
New business density in Kuwait, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
The most recent figure for new business density in Kuwait is 2.14 new registrations per 1,000 people ages 15-64, measured in 2024.
Compared with earlier readings it is down 7.0% on the previous year and up 220.7% over ten years.
Over the whole period, new business density in Kuwait peaked at 5.55 new registrations per 1,000 people ages 15-64 in 2018 and was at its lowest, 0.4009 new registrations per 1,000 people ages 15-64, in 2010.
Kuwait ranks 93rd of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
New business density (new registrations per 1,000 people ages 15-64) in Kuwait, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 1.88 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 1.83 new registrations per 1,000 people ages 15-64 | -2.8% |
| 2008 | 1.21 new registrations per 1,000 people ages 15-64 | -33.9% |
| 2009 | 0.4061 new registrations per 1,000 people ages 15-64 | -66.4% |
| 2010 | 0.4009 new registrations per 1,000 people ages 15-64 | -1.3% |
| 2011 | 0.4077 new registrations per 1,000 people ages 15-64 | +1.7% |
| 2012 | 0.42 new registrations per 1,000 people ages 15-64 | +3.0% |
| 2013 | 0.4953 new registrations per 1,000 people ages 15-64 | +17.9% |
| 2014 | 0.6659 new registrations per 1,000 people ages 15-64 | +34.4% |
| 2015 | 1.16 new registrations per 1,000 people ages 15-64 | +74.5% |
| 2016 | 1.75 new registrations per 1,000 people ages 15-64 | +50.5% |
| 2017 | 3.1 new registrations per 1,000 people ages 15-64 | +77.3% |
| 2018 | 5.55 new registrations per 1,000 people ages 15-64 | +79.1% |
| 2019 | 3.14 new registrations per 1,000 people ages 15-64 | -43.5% |
| 2020 | 1.71 new registrations per 1,000 people ages 15-64 | -45.4% |
| 2021 | 2.21 new registrations per 1,000 people ages 15-64 | +28.7% |
| 2022 | 2.45 new registrations per 1,000 people ages 15-64 | +10.9% |
| 2023 | 2.3 new registrations per 1,000 people ages 15-64 | -6.2% |
| 2024 | 2.14 new registrations per 1,000 people ages 15-64 | -7.0% |
Kuwait compared with similar countries
- Kuwait's 2.14 new registrations per 1,000 people ages 15-64 is below the median for high income countries, which is 5.68 new registrations per 1,000 people ages 15-64, 38% of the median. (63 countries reporting)
- Kuwait's 2.14 new registrations per 1,000 people ages 15-64 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.8 new registrations per 1,000 people ages 15-64, 1.2× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.33 new registrations per 1,000 people ages 15-64 | 0.4061 new registrations per 1,000 people ages 15-64 | 1.88 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 1.71 new registrations per 1,000 people ages 15-64 | 0.4009 new registrations per 1,000 people ages 15-64 | 5.55 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.16 new registrations per 1,000 people ages 15-64 | 1.71 new registrations per 1,000 people ages 15-64 | 2.45 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Kuwait
- 90 Colombia 2.22 new registrations per 1,000 people ages 15-64 compare
- 91 Sao Tome and Principe 2.19 new registrations per 1,000 people ages 15-64 compare
- 92 Kyrgyzstan 2.15 new registrations per 1,000 people ages 15-64 compare
- 94 Lithuania 2.13 new registrations per 1,000 people ages 15-64 compare
- 95 Serbia 2.12 new registrations per 1,000 people ages 15-64 compare
- 96 Cyprus 2.08 new registrations per 1,000 people ages 15-64 compare
More private sector data for Kuwait
- Merchandise trade 72.3% (2025)
- Food imports 16.0% (2025)
- Manufactures imports 75.4% (2025)
- Merchandise imports 41.61 billion current US$ (2025)
- Commercial service imports 28.64 billion current US$ (2025)
- Food exports 0.6% (2025)
- Manufactures exports 5.7% (2025)
- Merchandise exports 72.07 billion current US$ (2025)
- Commercial service exports 12.14 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,814 current US$ per person (2025)
Frequently asked questions
- What is new business density in Kuwait?
- New business density in Kuwait was 2.14 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Kuwait?
- The highest recorded value was 5.55 new registrations per 1,000 people ages 15-64 in 2018.
- What is the lowest new business density recorded in Kuwait?
- The lowest recorded value was 0.4009 new registrations per 1,000 people ages 15-64 in 2010.
- How does Kuwait rank for new business density?
- Kuwait ranks 93rd out of 177 countries with data for 2024.
- Is new business density rising or falling in Kuwait?
- Over the last ten years it is up 220.7%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.