Number of male business owners in South Korea
South Korea: Number of male business owners was 93,706 in 2023. ▲ Rising
Number of male business owners in South Korea, 2014–2023
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 South Korea is 93,706, measured in 2023.
That represents a change of down 10.0% on the previous year and up 44.2% over ten years.
Over the whole period, number of male business owners in South Korea peaked at 104,129 in 2022 and was at its lowest, 64,971, in 2014.
South Korea ranks 7th of 72 countries on this measure, in the top 10%.
Number of male business owners in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 64,971 | — |
| 2015 | 71,539 | +10.1% |
| 2016 | 73,085 | +2.2% |
| 2022 | 104,129 | +42.5% |
| 2023 | 93,706 | -10.0% |
South Korea compared with similar countries
- South Korea's 93,706 is above the median for high income countries, which is 17,241, 5.4× the median. (21 countries reporting)
- South Korea's 93,706 is above the median for East Asia & Pacific, which is 1,166, 80.4× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 69,865 | 64,971 | 73,085 | 3 |
| 2020s | 98,918 | 93,706 | 104,129 | 2 |
Countries ranked near South Korea
More private sector data for South Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 62.1% (2025)
- Merchandise imports 631.89 billion current US$ (2025)
- Commercial service imports 183.44 billion current US$ (2025)
- Food exports 1.7% (2025)
- Manufactures exports 88.0% (2025)
- Merchandise exports 709.33 billion current US$ (2025)
- Commercial service exports 149.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
Frequently asked questions
- What is number of male business owners in South Korea?
- Number of male business owners in South Korea was 93,706 in 2023, 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 South Korea?
- The highest recorded value was 104,129 in 2022.
- What is the lowest number of male business owners recorded in South Korea?
- The lowest recorded value was 64,971 in 2014.
- How does South Korea rank for number of male business owners?
- South Korea ranks 7th out of 72 countries with data for 2023.
- Is number of male business owners rising or falling in South Korea?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
- Where does this South Korea 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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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.