Number of male business owners in Republic of Korea

Republic of Korea: Number of male business owners was 93,706 in 2023. ▲ Rising

Latest (2023)
93,706
Change on year
down 10.0%
World rank
7th
of 72 countries
All-time high
104,129
in 2022
All-time low
64,971
in 2014
Years of data
5
2014–2023

Number of male business owners in Republic of Korea, 2014–2023

025.0k50.0k75.0k100.0k2014201820232014: 65.0k2015: 71.5k2016: 73.1k2022: 104.1k2023: 93.7k

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 Republic of 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 Republic of Korea peaked at 104,129 in 2022 and was at its lowest, 64,971, in 2014.

Republic of Korea ranks 7th of 72 countries on this measure, in the top 10%.

Number of male business owners in Republic of Korea, year by year

Annual values for Number of male business owners in Republic of Korea, 2014 to 2023.
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%

Averages by decade

DecadeAverage LowestHighest Years
2010s 69,865 64,971 73,085 3
2020s 98,918 93,706 104,129 2

Countries ranked near Republic of Korea

  1. 4 Türkiye 125,873 compare
  2. 5 Chile 108,689 compare
  3. 6 Thailand 95,660 compare
  4. 8 Germany 86,823 compare
  5. 9 Morocco 79,819 compare
  6. 10 Romania 70,498 compare

See the full ranking of 72 places →

More private sector data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is number of male business owners in Republic of Korea?
Number of male business owners in Republic of 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 Republic of Korea?
The highest recorded value was 104,129 in 2022.
What is the lowest number of male business owners recorded in Republic of Korea?
The lowest recorded value was 64,971 in 2014.
How does Republic of Korea rank for number of male business owners?
Republic of Korea ranks 7th out of 72 countries with data for 2023.
Is number of male business owners rising or falling in Republic of Korea?
Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
Where does this Republic of 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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Number of male business owners in Republic of Korea. 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/korea-rep/

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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.