New businesses registered (number) in Kuwait
Kuwait: New businesses registered was 8,357 number in 2024. ◆ Volatile
New businesses registered in Kuwait, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Kuwait stood at 8,357 number.
Compared with earlier readings it is down 4.4% on the previous year and up 339.1% over ten years.
Over the whole period, new businesses registered in Kuwait peaked at 18,157 number in 2018 and was at its lowest, 850 number, in 2009.
Kuwait ranks 94th 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 businesses registered in Kuwait, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 3,289 number | — |
| 2007 | 3,408 number | +3.6% |
| 2008 | 2,391 number | -29.8% |
| 2009 | 850 number | -64.5% |
| 2010 | 887 number | +4.4% |
| 2011 | 967 number | +9.0% |
| 2012 | 1,080 number | +11.7% |
| 2013 | 1,373 number | +27.1% |
| 2014 | 1,903 number | +38.6% |
| 2015 | 3,449 number | +81.2% |
| 2016 | 5,370 number | +55.7% |
| 2017 | 9,679 number | +80.2% |
| 2018 | 18,157 number | +87.6% |
| 2019 | 10,545 number | -41.9% |
| 2020 | 5,686 number | -46.1% |
| 2021 | 7,360 number | +29.4% |
| 2022 | 8,763 number | +19.1% |
| 2023 | 8,738 number | -0.3% |
| 2024 | 8,357 number | -4.4% |
Kuwait compared with similar countries
- Kuwait's 8,357 number is below the median for high income countries, which is 19,050 number, 44% of the median. (63 countries reporting)
- Kuwait's 8,357 number is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11,590 number, 72% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,484 number | 850 number | 3,408 number | 4 |
| 2010s | 5,341 number | 887 number | 18,157 number | 10 |
| 2020s | 7,781 number | 5,686 number | 8,763 number | 5 |
Countries ranked near Kuwait
More private sector data for Kuwait
- Merchandise trade 72.3% (2025)
- Food imports 17.5% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 41.61 billion current US$ (2025)
- Food exports 0.6% (2024)
- Manufactures exports 8.1% (2024)
- Merchandise exports 72.07 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,814 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4585 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -4.09 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Kuwait?
- New businesses registered in Kuwait was 8,357 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Kuwait?
- The highest recorded value was 18,157 number in 2018.
- What is the lowest new businesses registered recorded in Kuwait?
- The lowest recorded value was 850 number in 2009.
- How does Kuwait rank for new businesses registered?
- Kuwait ranks 94th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Kuwait?
- Over the last ten years it is up 339.1%. 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 businesses registered (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.