New businesses registered in Saudi Arabia

141,067 companies were registered in Saudi Arabia in 2024. The value for 2024 is the highest in the series, which starts in 2006.

Measure: New businesses registered Unit: New limited liability companies Data: 2006 to 2024 Source: World Bank
Saudi Arabia, 2024 141,067 New limited liability companies
Change from 2023 +198.8% 2023: 47,219 companies

New businesses registered in Saudi Arabia over time

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Saudi Arabia

New limited liability companies. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

New businesses registered (new limited liability companies), 2006 to 2024
Period Saudi Arabia
2024 141,067 companies
2023 47,219 companies
2022 32,768 companies
2021 30,011 companies
2020 22,648 companies
2019 24,945 companies
2018 20,729 companies
2017 18,420 companies
2016 17,262 companies
2015 18,468 companies
2014 16,223 companies
2013 14,688 companies
2012 12,881 companies
2011 10,463 companies
2010 9,044 companies
2009 7,917 companies
2008 7,947 companies
2007 6,604 companies
2006 5,294 companies

A dash means no value was published for that period.

In short

  • That is a change of +198.8% from 47,219 companies in 2023.
  • Since 2014, when it was 16,223 companies, the figure has changed by +769.5%.

More for Saudi Arabia

All statistics for Saudi Arabia

Source and dates

Original producer
World Bank, Entrepreneurship Database
Distributed by
World Bank, World Development Indicators
Dataset or series code
IC.BUS.NREG · dataset details · view at source
Observation period
2006 to 2024 for Saudi Arabia
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: World Bank, Entrepreneurship Database