The Evolution of Saudi Arabia's Startup Ecosystem 2010-2022

Kingdom of Saudi Arabia

The UAE and Saudi Arabia are ranked first and second in terms of internet penetration increase in 2020, respectively.

Top Countries with Highest Internet Penetration Growth Rate

Infobytes

In 2020, the Kingdom&rsquo;s e-commerce sales were only 8% of total retail sales, which is much higher than the Middle East &amp; Africa average (at 2.7%), but when compared to more mature markets like the USA (14%), the UK (31%), and China (45%), it indicates substantial room for growth.

Saudi Arabia's E-commerce Sales as a Percentage of Retail Sales in 2020, in comparison to other Economies

Gender Split in Saudi Arabia&#39;s population of 35 million&nbsp;(2021 Data)

Top Countries with Highest Internet Penetration Growth Rate

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