New businesses registered — all countries

New businesses registered — Kuwait

New businesses registered in Kuwait in 2024 — 8,357 companies. Ranked 76 in the world out of 134. Since 2006, the indicator has risen by 154.1%.

2024 8,357 companies −4.36% vs 2023
World rank 76of 134
Period maximum 18,157 companies2018
Period minimum 850 companies2009

Trend over time

2006–2024 · companies

New businesses registered — Kuwait, 2006–202405,00010,00015,00020,00020062008201020122014201620182020202220242006: 3,289 companies2007: 3,408 companies2008: 2,391 companies2009: 850 companies2010: 887 companies2011: 967 companies2012: 1,080 companies2013: 1,373 companies2014: 1,903 companies2015: 3,449 companies2016: 5,370 companies2017: 9,679 companies2018: 18,157 companies2019: 10,545 companies2020: 5,686 companies2021: 7,360 companies2022: 8,763 companies2023: 8,738 companies2024: 8,357 companies
Change over the period: +5,068 (+154.09%) Average annual rate: 5.32 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kuwait

Kuwait 8,357 companies
Western Asia computed 350,232 companies
New businesses registered — Kuwait, by year Kuwait All countries CSV XLSX
Year companies Change Change, %
2024 8,357 −381 −4.36%
2023 8,738 −25 −0.29%
2022 8,763 +1,403 +19.06%
2021 7,360 +1,674 +29.44%
2020 5,686 −4,859 −46.08%
2019 10,545 −7,612 −41.92%
2018 18,157 +8,478 +87.59%
2017 9,679 +4,309 +80.24%
2016 5,370 +1,921 +55.7%
2015 3,449 +1,546 +81.24%
2014 1,903 +530 +38.6%
2013 1,373 +293 +27.13%
2012 1,080 +113 +11.69%
2011 967 +80 +9.02%
2010 887 +37 +4.35%
2009 850 −1,541 −64.45%
2008 2,391 −1,017 −29.84%
2007 3,408 +119 +3.62%
2006 3,289

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

Source: World Development Indicators (World Bank), license CC BY 4.0.