Number of male business owners in Saudi Arabia

Saudi Arabia: Number of male business owners was 33,219 in 2023. ▲ Rising

Latest (2023)
33,219
Change on year
up 6.4%
World rank
15th
of 72 countries
All-time high
33,219
in 2023
All-time low
16,950
in 2016
Years of data
9
2015–2023

Number of male business owners in Saudi Arabia, 2015–2023

010.0k20.0k30.0k2015201920232015: 17.2k2016: 16.9k2017: 17.5k2018: 20.2k2019: 25.4k2020: 25.0k2021: 30.1k2022: 31.2k2023: 33.2k

Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.

Analysis

The most recent figure for number of male business owners in Saudi Arabia is 33,219, measured in 2023. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 6.4% on the previous year and up 92.8% over ten years.

Over the whole period, number of male business owners in Saudi Arabia peaked at 33,219 in 2023 and was at its lowest, 16,950, in 2016.

That places Saudi Arabia 15th out of 72 countries with data for 2023, putting it in the top quarter.

Number of male business owners in Saudi Arabia, year by year

Annual values for Number of male business owners in Saudi Arabia, 2015 to 2023.
Year Value Change
2015 17,232
2016 16,950 -1.6%
2017 17,499 +3.2%
2018 20,247 +15.7%
2019 25,396 +25.4%
2020 25,028 -1.4%
2021 30,088 +20.2%
2022 31,228 +3.8%
2023 33,219 +6.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 19,465 16,950 25,396 5
2020s 29,891 25,028 33,219 4

Countries ranked near Saudi Arabia

  1. 12 Viet Nam 68,793 compare
  2. 13 Uzbekistan 58,746 compare
  3. 14 Pakistan 44,950 compare
  4. 16 Egypt 31,429 compare
  5. 17 Zambia 30,057 compare
  6. 18 Nepal 28,103 compare

See the full ranking of 72 places →

More private sector data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is number of male business owners in Saudi Arabia?
Number of male business owners in Saudi Arabia was 33,219 in 2023, according to World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
What is the highest number of male business owners recorded in Saudi Arabia?
The highest recorded value was 33,219 in 2023.
What is the lowest number of male business owners recorded in Saudi Arabia?
The lowest recorded value was 16,950 in 2016.
How does Saudi Arabia rank for number of male business owners?
Saudi Arabia ranks 15th out of 72 countries with data for 2023.
Is number of male business owners rising or falling in Saudi Arabia?
Over the last ten years it is up 92.8%. The long-run trend across the full record is rising.
Where does this Saudi Arabia data come from?
The figures come from World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026, published as part of Number of male business owners. Statizoid updates them automatically from the source API.

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Number of male business owners in Saudi Arabia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 02 September 2026, from https://private-sector.statizoid.com/stat/number-of-male-business-owners/saudi-arabia/

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About this data

Indicator
Number of male business owners
Source
World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 632 data points, 2014–2024
Last refreshed

Number of male business owners is the number of male individuals that own at least one share of a limited liability company that was newly registered in the calendar year.