Number of male business owners in Ecuador
Ecuador: Number of male business owners was 24,159 in 2024. ▲ Rising
Number of male business owners in Ecuador, 2014–2024
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
Analysis
Ecuador recorded 24,159 for number of male business owners in 2024.
The figure is down 8.7% on the previous year and down 10.2% over ten years.
Over the whole period, number of male business owners in Ecuador peaked at 28,234 in 2019 and was at its lowest, 18,698, in 2018.
That places Ecuador 20th out of 72 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Number of male business owners in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 26,905 | — |
| 2015 | 21,975 | -18.3% |
| 2016 | 19,684 | -10.4% |
| 2017 | 20,036 | +1.8% |
| 2018 | 18,698 | -6.7% |
| 2019 | 28,234 | +51.0% |
| 2020 | 19,762 | -30.0% |
| 2021 | 25,128 | +27.2% |
| 2022 | 26,774 | +6.6% |
| 2023 | 26,464 | -1.2% |
| 2024 | 24,159 | -8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22,589 | 18,698 | 28,234 | 6 |
| 2020s | 24,457 | 19,762 | 26,774 | 5 |
Countries ranked near Ecuador
- 17 Zambia 30,057 compare
- 18 Nepal 28,103 compare
- 19 Bangladesh 24,324 compare
- 21 Rwanda 23,725 compare
- 22 Netherlands 23,031 compare
- 23 Côte d'Ivoire 22,213 compare
More private sector data for Ecuador
- Merchandise trade 53.6% (2025)
- Food imports 12.2% (2024)
- Manufactures imports 59.2% (2024)
- Merchandise imports 32.65 billion current US$ (2025)
- Food exports 53.7% (2024)
- Manufactures exports 4.9% (2024)
- Merchandise exports 37.15 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,031 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2851 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.93 % change on previous year (2025)
Frequently asked questions
- What is number of male business owners in Ecuador?
- Number of male business owners in Ecuador was 24,159 in 2024, according to World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
- What is the highest number of male business owners recorded in Ecuador?
- The highest recorded value was 28,234 in 2019.
- What is the lowest number of male business owners recorded in Ecuador?
- The lowest recorded value was 18,698 in 2018.
- How does Ecuador rank for number of male business owners?
- Ecuador ranks 20th out of 72 countries with data for 2024.
- Is number of male business owners rising or falling in Ecuador?
- Over the last ten years it is down 10.2%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026, published as part of Number of male business owners. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Number of male business owners is the number of male individuals that own at least one share of a limited liability company that was newly registered in the calendar year.