16 Key Entrepreneurship Statistics Worldwide For 2022

The worldwide entrepreneurship statistics reveal the state of entrepreneurship around the world.

They can tell us about the number of entrepreneurs globally, their demographics, and how different countries are doing when it comes to entrepreneurship.

Let’s take a peek inside entrepreneurship statistics worldwide to see whether the numbers are increasing or decreasing!

16 Entrepreneurship Statistics Worldwide

1. There are 582 million entrepreneurs in the world.

Global Entrepreneurship Monitor shows that entrepreneurship is alive and well in the world. According to the statistics, there are 582 million entrepreneurs in the world.

Source: Global Entrepreneurship Monitor

2. The United States has a score of 83.6 on the Global Entrepreneurship Index.

The Global Entrepreneurship Index shows how good the climate of the countries in the world is for entrepreneurship. The United States has a score of 83.6 on the GEI. Furthermore, Switzerland is second at 80.4. After them, Canada, the UK, and Australia are in third, fourth, and fifth place.

Source: GEI

3. South Korea reports the lowest share of people who would not start a business due to fear of failure.

The Global Entrepreneurship Monitor from Babson made a list of countries in the world whose people reported if they fear failure and would not start a business for the reason. On that list, the Republic of Korea takes first place, where only 7% of people would not start a business due to fear of failure. Next in line are Switzerland, the Netherlands, and Italy.

Source: Babson

4. New Zealand takes number one on the World’s Bank Ease of Doing Business Index list.

The World Bank released a list of worldwide countries and how they do on the Ease of Doing Business Index. According to numbers, New Zealand takes the first spot. Singapore and Hong Kon are second and third respectively, and Denmark is in fourth place.

Source: The World Bank

5. It takes five days to start a business in the UK and Belgium, and four days in the US.

The World Bank reports interesting data on how long it takes to start a business in certain countries. For instance, it takes five days to do so in the UK and Belgium, and four days in the US. Moreover, it takes only one day in New Zealand, and two in Canada, Singapore, and Australia.

Source: The World Bank

6. The best world cities for venture capital deals are San Francisco, New York, and London.

The Center for American Entrepreneurship reports that the three best cities in the world for venture capitals deals are San Francisco, New York, and London. The first two are in the US, while London is the best city for venture capital in Europe.

Source: Center for American Entrepreneurship

7. Around 18.7% of entrepreneurs worldwide are in a business with a family member.

Some entrepreneurs start their business along with a family member. According to the Global Entrepreneurship Monitor, around one in five (18.7%) worldwide are in a business with a family member. In Uruguay, Colombia, and the United Arab Emirates, family businesses make up for more than a third of all businesses.

Source: Global Entrepreneurship Monitor

8. In 2017, 12.2% of the population in Australia started a business.

In Australia in 2017, 12.2% of the Australian population started a business. This makes up for around 1.8 million new entrepreneurs in Australia in 2017.

Source: Global Entrepreneurship Monitor

9. Nine in 10 new American billionaires are self-made.

According to Forbes, 2021 was a hard year for many businesses, but a record number of 493 new billionaires were added to the list of the richest people in 2021. Out of them, 88 are Americans, and 90% of them are self-made.

Source: Forbes

10. More than one in two Brazilians (53%) are solo entrepreneurs.

Solo entrepreneurs are those who run a business without any employees and who do not intend to hire anyone. According to worldwide entrepreneurship statistics, 53% of Brazilian entrepreneurs are operating solo without any employees. In the second place, 30% of entrepreneurs in Madagascar are operating solo.

Source: Babson

11. In Indonesia, Thailand, Angola, Panama, Madagascar, and Qatar, there is as many female as there are male entrepreneurs.

While there are seven female entrepreneurs for every 10 male ones worldwide, in some countries the number is equal. According to Babson, those countries are Angola, Thailand, Panama, Madagascar, Qatar, and Indonesia.

Source: Babson

12. In the world, there are 252 million female entrepreneurs.

According to data from 2019, 252 million entrepreneurs worldwide are women. Out of them, 36% are solo entrepreneurs, while only 2.5% of them hire over 20 workers.

Source: GEM Consortium

13. In Sub-Saharan Africa, around 22% of entrepreneurs are women.

According to female entrepreneur statistics, 21.8% of entrepreneurs in Sub-Saharan Africa are women. In Latin America, this number is 17.3%.

Source: GEM Consortium

14. There were 659 billionaires in the US in 2020.

In 2020, there were 659 billionaires in the United States. Out of them, 80% were self-made billionaires, while the rest inherited their billion(s). Around one in five (19.4%) of them work in investing and finance banking.

Source: Americans for Tax Fairness

15. Burundi, Mauritania, and Chad have the lowest Global Entrepreneurship Index.

The Global Entrepreneurship and Development Institute publishes a list of countries in the world, according to their Global Entrepreneurship Index. On the list, the last spot belongs to Chad (GEI 9), Mauritania (GEI 10.9), and Burundi (GEI 11.8).

Source: The Global Entrepreneurship and Development Institute

16. The world’s richest 500 people are worth around $7.6 trillion.

With the net worth of 500 richest people worldwide combined, the Bloomberg Billionaire Index reports they are worth $7.6 trillion together. The richest is Elon Musk, with a net worth of 242 billion, while the second is Jeff Bezos with 164 billion.

Source: Bloomberg Billionaire Index