Number of male business owners in Malaysia

Malaysia: Number of male business owners was 69,249 in 2024. ▼ Falling

Latest (2024)
69,249
Change on year
up 3.0%
World rank
11th
of 72 countries
All-time high
72,225
in 2014
All-time low
62,624
in 2020
Years of data
11
2014–2024

Number of male business owners in Malaysia, 2014–2024

020.0k40.0k60.0k80.0k2014201920242014: 72.2k2015: 69.4k2016: 66.5k2017: 67.8k2018: 66.9k2019: 69.1k2020: 62.6k2021: 63.3k2022: 64.2k2023: 67.2k2024: 69.2k

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

Analysis

In 2024, number of male business owners in Malaysia stood at 69,249.

The figure is up 3.0% on the previous year and down 4.1% over ten years.

Over the whole period, number of male business owners in Malaysia peaked at 72,225 in 2014 and was at its lowest, 62,624, in 2020.

That places Malaysia 11th out of 72 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Number of male business owners in Malaysia, year by year

Annual values for Number of male business owners in Malaysia, 2014 to 2024.
Year Value Change
2014 72,225
2015 69,352 -4.0%
2016 66,513 -4.1%
2017 67,818 +2.0%
2018 66,862 -1.4%
2019 69,122 +3.4%
2020 62,624 -9.4%
2021 63,298 +1.1%
2022 64,161 +1.4%
2023 67,217 +4.8%
2024 69,249 +3.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 68,649 66,513 72,225 6
2020s 65,310 62,624 69,249 5

Countries ranked near Malaysia

  1. 8 Germany 86,823 compare
  2. 9 Morocco 79,819 compare
  3. 10 Romania 70,498 compare
  4. 12 Vietnam 68,793 compare
  5. 13 Uzbekistan 58,746 compare
  6. 14 Pakistan 44,950 compare

See the full ranking of 72 places →

More private sector data for Malaysia

All data for Malaysia →

Frequently asked questions

What is number of male business owners in Malaysia?
Number of male business owners in Malaysia was 69,249 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 Malaysia?
The highest recorded value was 72,225 in 2014.
What is the lowest number of male business owners recorded in Malaysia?
The lowest recorded value was 62,624 in 2020.
How does Malaysia rank for number of male business owners?
Malaysia ranks 11th out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Malaysia?
Over the last ten years it is down 4.1%. The long-run trend across the full record is falling.
Where does this Malaysia 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 Malaysia. 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/malaysia/

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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.