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Reasons for founding a business by young entrepreneurs Saudi Arabia 2019

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

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Source

Release date

December 2019

Region

Saudi Arabia, MENA

Survey time period

2019

Number of respondents

5,000 respondents

Method of interview

Questionnaire

Supplementary notes

The source defined youths as: Saudi residents aged between 15 to 34 years old.

The survey was conducted among 5,000 families.

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