LATAM: entrepreneurial activity driven by necessity by gender 2021

In 2021, six Latin American countries had over 81 percent of their female entrepreneurs starting a business because there were no better options. Overall, in the region, women had a higher necessity-driven entrepreneurship rate than men. In Mexico, the necessity-driven entrepreneurship rate reached nearly 89 percent for women, and 81.3 percent for men. In Costa Rica, the share of female necessity-driven entrepreneurs was almost double that of men.

Necessity-driven entrepreneurship rate in Latin American countries in 2021, by gender

Characteristic	Female	Male
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

March 2022

More information

Region

LAC

Survey time period

2021

Supplementary notes

The source adds the following information:
"Drawing on data sources from leading academic and research institutions including the ILO, Global Entrepreneurship Monitor (GEM), the World Bank, World Economic Forum (WEF), Inter-Parliamentary Union, the Organization for Economic Co-operation and Development (OECD), PwC and McKinsey & Company, the updated MIWE ranks and scores each economy according to its performance over the past year, particularly since the onset of the coronavirus crisis. Aggregating these scores, the index provides an overall assessment of how women are faring in the business, financial, education, and workplace settings compared to their male counterparts at the national level as well as their peers on a global level."

Citation formats