In 2023, less than * in Iran who saw good opportunities for starting a business in the country were deterred by a fear of failure. This was the lowest of the 48 countries where this survey was conducted. South Korea followed in second with ** percent fearing to fail, with Switzerland in third. On the other hand, nearly of potential entrepreneurs in China were deterred by fear of failure, a concern that also was high in South Africa, India, and Saudi Arabia.
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GEM. (February 13, 2024). Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM. "Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country." Chart. February 13, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM. (2024). Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM. "Share of Possible Entrepreneurs Deterred from Starting a Business Due to Fear of Failure Worldwide in 2023, by Country." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 13 Feb 2024, /statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM, Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country ÌÇÐÄÆƽâ°æ, /statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/ (last visited July 31, 2026)
Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country [Graph], GEM, February 13, 2024. [Online]. Available: /statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
