In a very high number of the countries included in the survey, more than half of the respondents stated that a main reason to set up a business was because of a lack of paid jobs in their country. This was especially the case in emerging economies such as Jordan, Venezuela, Saudi Arabia, and Ecuador. On the other hand, in more advanced economies such as Sweden, South Korea, and Norway, between 25 and 30 percent stated this as a main motivation.
Share of people who started a business due to a lack of paid jobs worldwide in 2023, by country
Characteristic
Share of respondents involved in the early stage of a start-up
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GEM. (February 13, 2024). Share of people who started a business due to a lack of paid jobs worldwide in 2023, by country [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1367581/countries-worldwide-reasons-start-business-lack-jobs-country/
GEM. "Share of people who started a business due to a lack of paid jobs worldwide in 2023, by country." Chart. February 13, 2024. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1367581/countries-worldwide-reasons-start-business-lack-jobs-country/
GEM. (2024). Share of people who started a business due to a lack of paid jobs worldwide in 2023, by country. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1367581/countries-worldwide-reasons-start-business-lack-jobs-country/
GEM. "Share of People Who Started a Business Due to a Lack of Paid Jobs Worldwide in 2023, by Country." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1367581/countries-worldwide-reasons-start-business-lack-jobs-country/
GEM, Share of people who started a business due to a lack of paid jobs worldwide in 2023, by country Statista, https://www.statista.com/statistics/1367581/countries-worldwide-reasons-start-business-lack-jobs-country/ (last visited November 04, 2024)
Share of people who started a business due to a lack of paid jobs worldwide in 2023, by country [Graph], GEM, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1367581/countries-worldwide-reasons-start-business-lack-jobs-country/