Number of male business owners in Mongolia

Mongolia: Number of male business owners was 13,569 in 2024. ▲ Rising

Latest (2024)
13,569
Change on year
up 15.0%
World rank
31st
of 72 countries
All-time high
13,569
in 2024
All-time low
8,279
in 2016
Years of data
11
2014–2024

Number of male business owners in Mongolia, 2014–2024

05.0k10.0k15.0k2014201920242014: 11.8k2015: 9.9k2016: 8.3k2017: 10.4k2018: 9.5k2019: 11.5k2020: 10.1k2021: 12.3k2022: 11.9k2023: 11.8k2024: 13.6k

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

Analysis

Mongolia recorded 13,569 for number of male business owners in 2024. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 15.0% on the previous year and up 15.0% over ten years.

Over the whole period, number of male business owners in Mongolia peaked at 13,569 in 2024 and was at its lowest, 8,279, in 2016.

Mongolia ranks 31st of 72 countries on this measure, 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 Mongolia, year by year

Annual values for Number of male business owners in Mongolia, 2014 to 2024.
Year Value Change
2014 11,804
2015 9,941 -15.8%
2016 8,279 -16.7%
2017 10,383 +25.4%
2018 9,515 -8.4%
2019 11,527 +21.1%
2020 10,107 -12.3%
2021 12,253 +21.2%
2022 11,909 -2.8%
2023 11,802 -0.9%
2024 13,569 +15.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10,242 8,279 11,804 6
2020s 11,928 10,107 13,569 5

Countries ranked near Mongolia

  1. 28 Slovakia 17,241 compare
  2. 29 Estonia 16,762 compare
  3. 30 Greece 15,461 compare
  4. 32 Bahrain 12,495 compare
  5. 33 Azerbaijan 11,153 compare
  6. 34 Iraq 10,726 compare

See the full ranking of 72 places →

More private sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is number of male business owners in Mongolia?
Number of male business owners in Mongolia was 13,569 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 Mongolia?
The highest recorded value was 13,569 in 2024.
What is the lowest number of male business owners recorded in Mongolia?
The lowest recorded value was 8,279 in 2016.
How does Mongolia rank for number of male business owners?
Mongolia ranks 31st out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Mongolia?
Over the last ten years it is up 15.0%. The long-run trend across the full record is rising.
Where does this Mongolia 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 Mongolia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 29 August 2026, from https://private-sector.statizoid.com/stat/number-of-male-business-owners/mongolia/

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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.