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Latin America: new business ownership rate by country 2019

Among eight Latin American countries surveyed in 2019, Brazil had the highest new business ownership rate, at almost 16 percent. New business ownership rate refers to the percentage of population aged 18 to 64 who are currently an owner or manager of a new business. This includes owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than three months, but not more than 42 months. According to data from the Global Entrepreneurship Monitor, in 2019, the new business ownership rate in Mexico was 3.4 percent.

New business ownership rate in selected Latin American countries in 2019

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Source

Release date

February 2020

Region

LAC

Survey time period

2019

Number of respondents

about 2,000 respondents per country

Age group

18-64 years

Special properties

data is composed of the Adult Population Survey and the National Expert Survey

Method of interview

Questionnaire

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Statistics on "Startups in Latin America"

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