In 2020, among selected surveyed countries in Latin America and the Caribbean, Panama had the highest percentage of population involved in setting up a new business, with 23 percent of respondents. Chile nascent entrepreneurship rate ranked second, amounting to nearly 20 percent. The nascent entrepreneurship rate refers to the percentage of population who are currently a nascent entrepreneur, i.e., actively involved in setting up a business they will own or co-own.
Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Startups in Latin America
Overview
6
- Premium Statistic Latin America: funding amount of selected startups 2021
- Premium Statistic Latin America: value of venture capital investment 2011-2020
- Premium Statistic Latin America: new business ownership rate by country 2020
- Premium Statistic Nascent entrepreneurship rate in Latin America and the Caribbean, by country 2020
- Premium Statistic Latin America: female engagement in early-stage startups 2022
- Premium Statistic Latin America: ease of doing business 2019, by topic
Unicorn companies
7
- Premium Statistic Number of unicorns in Latin America in 2021, by industry
- Premium Statistic Share of unicorns in Latin America in 2021, by industry
- Premium Statistic Market value of unicorns in Latin America in 2021, by industry
- Basic Statistic Latin America: most valuable unicorn companies 2023
- Premium Statistic Workforce of selected unicorn companies in Latin America 2022
- Premium Statistic Brazil: investments received by unicorns 2019
- Premium Statistic Rappi's valuation 2018-2023
Brazil
8
- Premium Statistic Share of startups in Brazil in 2022, by city
- Premium Statistic Brazil: share of startups 2020, by economic sector
- Premium Statistic LinkedIn's top startups workforce in Brazil 2023
- Premium Statistic Funds raised by online food delivery companies in Brazil 2022
- Premium Statistic Brazil: RetailTech startups 2020, by segment
- Premium Statistic Funding of AI companies in Brazil 2021
- Premium Statistic Brazil: early-stage entrepreneurship rate by gender 2018-2023
- Premium Statistic Brazil: ease of doing business 2019, by category
Mexico
8
- Premium Statistic Mexico: number of startups 2023, by city
- Premium Statistic Mexico: funding amount raised by selected startups 2022
- Premium Statistic LinkedIn's top startups workforce in Mexico 2022
- Premium Statistic Mexico: number of new startups 2021, by sector
- Premium Statistic Funding of BioTech companies in Mexico 2022
- Premium Statistic Funding of AI companies in Mexico 2020
- Premium Statistic Mexico: perspectives of own business as a good career in 2019, by gender
- Premium Statistic Mexico: ease of doing business 2019, by category
Colombia
8
- Premium Statistic Colombia: number of startups 2023, by city
- Premium Statistic Leading startups for attracting investments in Colombia 2022
- Premium Statistic Key figures on the startup Rappi 2023
- Premium Statistic Fintech startups in Colombia 2023, by sector
- Premium Statistic Fundraising amount of healthtecs in Colombia 2022
- Premium Statistic Funding of AI companies in Colombia 2022
- Premium Statistic Colombia: engagement in early-stage startups by gender 2021
- Premium Statistic Colombia: ease of doing business 2019, by category
Other countries
3
Further related statistics
18
- Nascent entrepreneurship rate in the Middle East & North Africa in 2013, by country
- Early-stage entrepreneurial activity in Asia, by country 2023
- Early-stage entrepreneurial activity in North America, by country 2023
- Early-stage entrepreneurial activity in Africa and the Middle East, by country 2023
- Entrepreneurial attitudes and perceptions in Sweden 2023
- Early-stage entrepreneurial activity rate in Middle East & Africa in 2013
- Entrepreneurial attitudes and perception in North America, by country 2023
- New business ownership rate in Africa and the Middle East, by country 2020
- New business ownership rate in Middle East & North Africa in 2013, by country
- New business ownership rate in Europe, by country 2020
- New business ownership rate in Asia, by country 2020
- Likelihood of starting a business or other entrepreneurism in Great Britain 2018
- Likelihood of starting a business or other entrepreneurism in Germany 2018
- Likelihood of starting a business or other entrepreneurism in Turkey 2018
- Ease of doing business ranking in South Africa 2011-2020
- Ease of doing business in Chad 2020, by topic
- Ease of doing business in South Sudan 2020, by topic
- Ease of doing business in Burundi 2020, by topic
Further Content: You might find this interesting as well
Statistics
- Nascent entrepreneurship rate in the Middle East & North Africa in 2013, by country
- Early-stage entrepreneurial activity in Asia, by country 2023
- Early-stage entrepreneurial activity in North America, by country 2023
- Early-stage entrepreneurial activity in Africa and the Middle East, by country 2023
- Entrepreneurial attitudes and perceptions in Sweden 2023
- Early-stage entrepreneurial activity rate in Middle East & Africa in 2013
- Entrepreneurial attitudes and perception in North America, by country 2023
- New business ownership rate in Africa and the Middle East, by country 2020
- New business ownership rate in Middle East & North Africa in 2013, by country
- New business ownership rate in Europe, by country 2020
- New business ownership rate in Asia, by country 2020
- Likelihood of starting a business or other entrepreneurism in Great Britain 2018
- Likelihood of starting a business or other entrepreneurism in Germany 2018
- Likelihood of starting a business or other entrepreneurism in Turkey 2018
- Ease of doing business ranking in South Africa 2011-2020
- Ease of doing business in Chad 2020, by topic
- Ease of doing business in South Sudan 2020, by topic
- Ease of doing business in Burundi 2020, by topic
GEM. (May 3, 2021). Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM. "Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country." Chart. May 3, 2021. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM. (2021). Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country. Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM. "Percentage of Population Involved in Setting up a New Business in Latin America and The Caribbean in 2020, by Country." Statista, Statista Inc., 3 May 2021, https://www.statista.com/statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM, Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country Statista, https://www.statista.com/statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/ (last visited June 01, 2024)
Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country [Graph], GEM, May 3, 2021. [Online]. Available: https://www.statista.com/statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/