United Arab Emirates's new businesses registered (number) was 19,050 in 2020, the latest year in the World Bank's World Development Indicators. That is up 120.92% from 8,623 in 2010 (8.25% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 19,050 | 2020 |
| Five years earlier | 16,625 | 2015 |
| Ten years earlier | 8,623 | 2010 |
| Highest | 22,593 | 2019 |
| Lowest | 6,963 | 2009 |
| Average since 2011 | 15,866 | 2011–2020 |
| First recorded | 7,698 | 2006 |
What the numbers say
In 2020, United Arab Emirates' new businesses registered (number) fell 15.7% on 2019 (from 22,593 to 19,050).
Across the 13 yearly changes before that (2007 to 2019), the average change was +9.5% and a typical year strayed about 13.3% from that (the standard deviation). This year's change was 1.9 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 26.2% in 2019 and the biggest yearly fall was 23.3% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is upward, about 1,156 a year. A straight line explains 85% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 25,038 for 2023. We show this only because the same method, fitted on earlier years, predicted 2018 to 2020 better than "no change" would have: its average miss was 1,654, against 3,565 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
Closest to United Arab Emirates in the 2020 ranking
- Nepal — 1st of 8: 25,859
- Oman — 3rd of 8: 5,804
- Trinidad and Tobago — 4th of 8: 4,344
- Mali — 5th of 8: 2,741
What this measures
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.
Limitations: The definition of entrepreneurship used is limited to the formal sector. Yet, it should be noted that the exclusion of the informal sector is based on the difficulties of quantifying the number of firms that compose it, rather than on its relevance for developing economies. Data collected from economies categorized as offshore financial centers by Eurostat are excluded from the analysis, because registered entities in these countries may not fit the objective of the Entrepreneurship Database aiming at measuring formally registered companies with actual economic activities.
All 15 values
| Year | New businesses registered (number) |
|---|---|
| 2020 | 19,050 |
| 2019 | 22,593 |
| 2018 | 17,907 |
| 2017 | 16,285 |
| 2016 | 16,735 |
| 2015 | 16,625 |
| 2014 | 15,661 |
| 2013 | 12,784 |
| 2012 | 11,380 |
| 2011 | 9,644 |
| 2010 |
New businesses registered (number) in nearby economies
More private sector & trade data for United Arab Emirates
- Merchandise imports (current US$) — US$618.88 billion (2025)
- Merchandise exports (current US$) — US$706.67 billion (2025)
- Merchandise trade (% of GDP) — 208.15% (2024)
- Merchandise imports from economies in the Arab World (% of total merchandise imports) — 8.27% (2023)
- Merchandise imports from high-income economies (% of total merchandise imports) — 40.32% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 56.4% (2023)
- Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 26.06% (2023)
Reading data like this
Questions people ask
- What is United Arab Emirates's new businesses registered (number)?
- 19,050 in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 147.47% from 7,698 in 2006 (6.69% a year on average, compounded). The highest value was 22,593 in 2019 and the lowest 6,963 in 2009.
- Is the latest change in new businesses registered (number) unusual for United Arab Emirates?
Source
World Bank, World Development Indicators, indicator IC.BUS.NREG, licensed CC BY 4.0. Original source: Entrepreneurship Database, World Bank (WB), uri: https://www.worldbank.org/en/programs/entrepreneurship Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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