* Percentage of adults aged 18–64 who are currently nascent entrepreneurs, i.e. are actively involved in setting up a business they will own or co-own; this business has not yet paid salaries, wages or made any other payments to the owners for more than three months.
Citation formats
Nascent entrepreneurship rate in Latin America and the Caribbean, by country 2020
In 2020, among selected surveyed countries in Latin America and the Caribbean, Panama had the highest percentage of population involved in setting up a new business, with ** percent of respondents. Chile nascent entrepreneurship rate ranked second, amounting to nearly ** percent. The nascent entrepreneurship rate refers to the percentage of population who are currently a nascent entrepreneur, i.e., actively involved in setting up a business they will own or co-own.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
GEM. (May 3, 2021). Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM. "Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country." Chart. May 3, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM. (2021). Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM. "Percentage of Population Involved in Setting up a New Business in Latin America and The Caribbean in 2020, by Country." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 3 May 2021, /statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
GEM, Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country ÌÇÐÄÆƽâ°æ, /statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/ (last visited August 03, 2026)
Percentage of population involved in setting up a new business in Latin America and the Caribbean in 2020, by country [Graph], GEM, May 3, 2021. [Online]. Available: /statistics/315375/nascent-entrepreneurship-rate-in-latin-america-and-caribbean/
