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24Peaks / Asia / Saudi Arabia / Number of New Business Registrations and Bankruptcies

Saudi Arabia - Number of New Business Registrations and Bankruptcies 141,067

World Bank WDI · updated 2026-10-15 · 183 economies tracked

Latest value

141,067 (2024)

Global rank

#n/a of 183 economies

vs global median

11.6×

Growth since 2006

26.65×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#6120062011201620212024#63#112023 overtook Singapore2024 overtook Hong Kong
Saudi ArabiaBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. Saudi Arabia climbed from #63 to #11 (overtook Singapore). Gaps in a lane = missing data that year.

Key events for Saudi Arabia ↓

Key Events — Saudi Arabia

Auto-detected from rank data + curated milestones

2016
Vision 2030 launched curated

Diversification plan begins amid low oil prices.

2020
Oil price war and pandemic curated

Prices turn negative briefly before a managed recovery.

2023
Overtook Singapore in global rank auto
2024
Overtook Hong Kong in global rank auto
2024
Climbed 23 places in global rank auto

Number of New Business Registrations and Bankruptcies, 2006-2024

World Bank WDI · Number · linear scale · ranking in the race above
20062011201620212024529450,55295,809141,067

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Related indicators

Number of Import Partners, Number of Export Partners

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