The 2023 data on newly registered sole proprietorships owned by men shows Mexico leading with 25.15% of registrations. France and Nigeria follow, showcasing significant year-on-year increases of 9.57% and 9.97%, respectively. Germany exhibits a minor downturn, falling by 1.36%. Notably, Rwanda experienced a dramatic surge at 83.9%, while Albania saw a steep decline of 25.33%.
Future trends to watch include potential growth in emerging markets such as Rwanda and Benin, and stability in mature economies like France and Mexico. Observing changes in entrepreneurship rates amidst global economic dynamics will be crucial.
Top countries in Newly Registered Sole Proprietorship Owned by Men Share by Country (Units (Men))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 25.15 | 2023 | +4.87% | +5.04% | View data |
| 2 | 2 France | 19.06 | 2023 | +6.46% | +9.57% | View data |
| 3 | 3 Nigeria | 10.68 | 2023 | +9.58% | +9.97% | View data |
| 4 | 4 Germany | 10.54 | 2023 | -1.72% | -1.36% | View data |
| 5 | 5 Malaysia | 9.47 | 2023 | +3.41% | +0.66% | View data |
| 6 | 6 Poland | 8.07 | 2023 | +3.02% | -0.89% | View data |
| 7 | 7 Netherlands | 4.96 | 2023 | +4.1% | +4.34% | View data |
| 8 | 8 Rwanda | 2.01 | 2023 | +28.96% | +83.9% | View data |
| 9 | 9 Slovak Republic | 1.89 | 2023 | |||
| 10 | 10 Senegal | 1.63 | 2023 | +4.41% | +5.18% | View data |
