Riyadh – Mubasher: Micro-enterprises in Saudi Arabia has dominated around 19.5% of the total private sector revenues during the second quarter (Q2) of 2019.
Microbusinesses that have been operating for five years or less achieved a total of SAR 171.06 billion in revenues, with a workforce of 1.04 million people, as shown by the most recent figures of the Saudi General Authority for Statistics (GaStat).
Meanwhile, small businesses that employ 6-46 people logged revenues of SAR 163.42, accounting for 18.6% of the total revenues achieved in Q2-19.
Medium-sized enterprises, employing 50-249 people, accounted for 12.8% of revenues with SAR 112.39 billion.
Large enterprises, employing 250 people or more, recorded revenues of SAR 432.45 billion during the same period.
