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Established business ownership rate in Latin America and Caribbean, by country 2019

Established business ownership rate refers to the percentage of 18-64 population who are currently owner-manager of an established business, i.e., owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than 42 months. In 2019, Brazil had an established business ownership rate of 16.2 percent, it was followed by Guatemala with a 14.8 rate.

Established business ownership rate in Latin America and Caribbean in 2019, by country

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Source

Release date

May 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

Supplementary notes

Established businesses and their owner-managers often provide stable employment and exploit the knowledge and social capital accumulated in past experiences. Established businesses are also an important source of new businesses.

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