fbpx ...

The MENA Startup Ecosystem - Statistics and Trends

Created: May 23, 2016

Updated: Jun 19, 2024

With the number of start ups growing in MENA, the ecosystem for entrepreneurs in MENA is improving. Today, more than 64% of working-age respondents in MENA region want to start  their own business than be employed whereas 70% of respondents took their first steps to establish their own business in last 5 years. Check out our infographic "The MENA Startup Ecosystem" for latest statistics and trends.

The MENA Startup Ecosystem

Infographic by GO-Globe Web Design Company

To Publish this Image on your Blog or Website . Copy this code

Rankings of MENA countries in Global Entrepreneurship Index 2016

  Country Rankings
   
UAE 19
Qatar 24
Saudi Arabia 36
Lebanon 50
Morocco 78
Egypt 89

 

Top reasons to start business

  Reasons %age
More Income 34%
Greater independence 31%
Better work-life balance 28%
Control my career path 26%
Got the right opportunity 25%
To do what I love 25%
Could not find a job 19%
Choose when to work 9%

 

 

Major concerns of starting own business

 

  Concerns %age
Procuring finances to start 65%
Hiring the wrong people 37%
Uncertainty of profit/income 37%
Making a loss 36%
Need to establish the right contacts 35%
Need to put lot of time and energy 31%
Business idea not being accepted 26%
Finding the correct insurance cover 17%
Failure to comply with legislation 14%
Others 2%

 

Countries by ease of setting up own business

Country Extremely Easy Easy Neither Easy nor Difficult Somewhat difficult Extremely Difficult
Algeria 5% 6% 29% 36% 23%
Bahrain 3% 8% 30% 38% 20%
Egypt 3% 7% 27% 46% 16%
Jordan 2% 8% 29% 43% 17%
Kuwait 9% 8% 29% 35% 19%
Lebanon 1% 5% 22% 44% 27%
Morocco 5% 7% 38% 34% 17%
Oman 11% 12% 32% 38% 7%
Qatar 5% 8% 29% 42% 17%
Saudi Arabia 6% 11% 32% 35% 16%
UAE 6% 11% 34% 34% 14%

 

MENA countries where Entrepreneurs Want to Scale

 Country Want to Scale
KSA 32%
UAE 28%
Qatar 16%
Egypt 10%
Lebanon 9%
Kuwait 8%
Jordan 5%
Bahrain 4%
Oman 4%
Iraq 4%

 

Blog Partners

© 2005 - 2024 GO-Globe ™ | CUSTOM DEVELOPMENT. All rights reserved.
This site is protected by reCAPTCHA and the Google
Int'l. Web Design
Int'l. SEO
Int'l. Ecommerce
Solutions