According to a survey, the largest share of young entrepreneurs in Saudi Arabia, at approximately 48 percent, reported that their reason for establishing a private business was to achieve functional independence in 2019. The second-most popular reason was having previous work experience in a similar field at approximately 27 percent.
Reasons for founding a business by young entrepreneurs in Saudi Arabia in 2019
Characteristic
Share of respondents
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
General Authority for Statistics (Saudi Arabia). (December 27, 2019). Reasons for founding a business by young entrepreneurs in Saudi Arabia in 2019 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1121788/saudi-arabia-reasons-young-entrepreneurs-start-businesses/
General Authority for Statistics (Saudi Arabia). "Reasons for founding a business by young entrepreneurs in Saudi Arabia in 2019." Chart. December 27, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1121788/saudi-arabia-reasons-young-entrepreneurs-start-businesses/
General Authority for Statistics (Saudi Arabia). (2019). Reasons for founding a business by young entrepreneurs in Saudi Arabia in 2019. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1121788/saudi-arabia-reasons-young-entrepreneurs-start-businesses/
General Authority for Statistics (Saudi Arabia). "Reasons for Founding a Business by Young Entrepreneurs in Saudi Arabia in 2019." Statista, Statista Inc., 27 Dec 2019, https://www.statista.com/statistics/1121788/saudi-arabia-reasons-young-entrepreneurs-start-businesses/
General Authority for Statistics (Saudi Arabia), Reasons for founding a business by young entrepreneurs in Saudi Arabia in 2019 Statista, https://www.statista.com/statistics/1121788/saudi-arabia-reasons-young-entrepreneurs-start-businesses/ (last visited July 22, 2024)
Reasons for founding a business by young entrepreneurs in Saudi Arabia in 2019 [Graph], General Authority for Statistics (Saudi Arabia), December 27, 2019. [Online]. Available: https://www.statista.com/statistics/1121788/saudi-arabia-reasons-young-entrepreneurs-start-businesses/