Number of male business owners in Georgia

Georgia: Number of male business owners was 17,556 in 2024. ▲ Rising

Latest (2024)
17,556
Change on year
down 6.0%
World rank
27th
of 72 countries
All-time high
22,593
in 2019
All-time low
16,018
in 2014
Years of data
11
2014–2024

Number of male business owners in Georgia, 2014–2024

05.0k10.0k15.0k20.0k25.0k2014201920242014: 16.0k2015: 16.2k2016: 18.1k2017: 19.5k2018: 18.8k2019: 22.6k2020: 17.6k2021: 20.7k2022: 19.8k2023: 18.7k2024: 17.6k

Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.

Analysis

The most recent figure for number of male business owners in Georgia is 17,556, measured in 2024.

The figure is down 6.0% on the previous year and up 9.6% over ten years.

Over the whole period, number of male business owners in Georgia peaked at 22,593 in 2019 and was at its lowest, 16,018, in 2014.

That places Georgia 27th 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 Georgia, year by year

Annual values for Number of male business owners in Georgia, 2014 to 2024.
Year Value Change
2014 16,018
2015 16,233 +1.3%
2016 18,069 +11.3%
2017 19,518 +8.0%
2018 18,845 -3.4%
2019 22,593 +19.9%
2020 17,552 -22.3%
2021 20,727 +18.1%
2022 19,795 -4.5%
2023 18,682 -5.6%
2024 17,556 -6.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 18,546 16,018 22,593 6
2020s 18,862 17,552 20,727 5

Countries ranked near Georgia

  1. 24 Denmark 20,755 compare
  2. 25 Algeria 20,585 compare
  3. 26 Norway 18,738 compare
  4. 28 Slovakia 17,241 compare
  5. 29 Estonia 16,762 compare
  6. 30 Greece 15,461 compare

See the full ranking of 72 places →

More private sector data for Georgia

All data for Georgia →

Frequently asked questions

What is number of male business owners in Georgia?
Number of male business owners in Georgia was 17,556 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 Georgia?
The highest recorded value was 22,593 in 2019.
What is the lowest number of male business owners recorded in Georgia?
The lowest recorded value was 16,018 in 2014.
How does Georgia rank for number of male business owners?
Georgia ranks 27th out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Georgia?
Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
Where does this Georgia 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.

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Number of male business owners in Georgia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 01 September 2026, from https://private-sector.statizoid.com/stat/number-of-male-business-owners/georgia/

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About this data

Indicator
Number of male business owners
Source
World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 632 data points, 2014–2024
Last refreshed

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.