In 2020, nearly 29 percent of the surveyed Russians stated the beginning of the Covid-19 pandemic as the main reason to abandon their entrepreneurial career. For more than one quarter of survey respondents, unprofitability of the business was the most influencing factor.
Survey on reasons for going out of business in Russia 2020
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GEM. (June 18, 2021). Survey on reasons for going out of business in Russia 2020 [Graph]. In Statista. Retrieved March 28, 2024, from https://www.statista.com/statistics/1207396/going-out-of-business-reasons-russia/
GEM. "Survey on reasons for going out of business in Russia 2020." Chart. June 18, 2021. Statista. Accessed March 28, 2024. https://www.statista.com/statistics/1207396/going-out-of-business-reasons-russia/
GEM. (2021). Survey on reasons for going out of business in Russia 2020. Statista. Statista Inc.. Accessed: March 28, 2024. https://www.statista.com/statistics/1207396/going-out-of-business-reasons-russia/
GEM. "Survey on Reasons for Going out of Business in Russia 2020." Statista, Statista Inc., 18 Jun 2021, https://www.statista.com/statistics/1207396/going-out-of-business-reasons-russia/
GEM, Survey on reasons for going out of business in Russia 2020 Statista, https://www.statista.com/statistics/1207396/going-out-of-business-reasons-russia/ (last visited March 28, 2024)
Survey on reasons for going out of business in Russia 2020 [Graph], GEM, June 18, 2021. [Online]. Available: https://www.statista.com/statistics/1207396/going-out-of-business-reasons-russia/