* Percentage of adults aged 18–64 who are currently owner-managers of
a new business, i.e. who own and manage a running business that has
paid salaries, wages or made any other payments to the owners for
more than three months, but not more than 42 months (3.5 years).
Citation formats
Latin America: new business ownership rate by country 2020
Among *** Latin American countries surveyed in 2020, Guatemala had the highest new business ownership rate, at over ** 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 , in 2020, the new business ownership rate in Brazil stood at **** percent.
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). New business ownership rate in selected Latin American countries in 2020 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/315421/new-business-ownership-rate-in-latin-america-and-caribbean/
GEM. "New business ownership rate in selected Latin American countries in 2020." Chart. May 3, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/315421/new-business-ownership-rate-in-latin-america-and-caribbean/
GEM. (2021). New business ownership rate in selected Latin American countries in 2020. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/315421/new-business-ownership-rate-in-latin-america-and-caribbean/
GEM. "New Business Ownership Rate in Selected Latin American Countries in 2020." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 3 May 2021, /statistics/315421/new-business-ownership-rate-in-latin-america-and-caribbean/
GEM, New business ownership rate in selected Latin American countries in 2020 ÌÇÐÄÆƽâ°æ, /statistics/315421/new-business-ownership-rate-in-latin-america-and-caribbean/ (last visited August 01, 2026)
New business ownership rate in selected Latin American countries in 2020 [Graph], GEM, May 3, 2021. [Online]. Available: /statistics/315421/new-business-ownership-rate-in-latin-america-and-caribbean/
