New businesses registered in Saudi Arabia
Saudi Arabia: New businesses registered was 141,067 number in 2024. ◆ Volatile
New businesses registered in Saudi Arabia, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Saudi Arabia is 141,067 number, measured in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 198.8% on the previous year and up 769.5% over ten years.
Over the whole period, new businesses registered in Saudi Arabia peaked at 141,067 number in 2024 and was at its lowest, 5,294 number, in 2006.
Saudi Arabia ranks 11th of 176 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,940 number | 5,294 number | 7,947 number | 4 |
| 2010s | 16,312 number | 9,044 number | 24,945 number | 10 |
| 2020s | 54,743 number | 22,648 number | 141,067 number | 5 |
Countries ranked near Saudi Arabia
More private sector data for Saudi Arabia
- Merchandise trade 44.2% (2025)
- Food imports 13.0% (2024)
- Manufactures imports 70.5% (2024)
- Merchandise imports 254.06 billion current US$ (2025)
- Food exports 1.9% (2024)
- Manufactures exports 15.9% (2024)
- Merchandise exports 310.67 billion current US$ (2025)
- Commercial service exports 66.92 billion current US$ (2025)
- Transport services 29.9% (2025)
- Computer, communications and other services 39.2% (2025)
Frequently asked questions
- What is new businesses registered in Saudi Arabia?
- New businesses registered in Saudi Arabia was 141,067 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Saudi Arabia?
- The highest recorded value was 141,067 number in 2024.
- What is the lowest new businesses registered recorded in Saudi Arabia?
- The lowest recorded value was 5,294 number in 2006.
- How does Saudi Arabia rank for new businesses registered?
- Saudi Arabia ranks 11th out of 176 countries with data for 2024.
- Is new businesses registered rising or falling in Saudi Arabia?
- Over the last ten years it is up 769.5%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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.