Number of male business owners in Montenegro

Montenegro: Number of male business owners was 5,904 in 2024. ◆ Volatile

Latest (2024)
5,904
Change on year
down 18.0%
World rank
44th
of 72 countries
All-time high
7,196
in 2023
All-time low
602
in 2020
Years of data
11
2014–2024

Number of male business owners in Montenegro, 2014–2024

02.0k4.0k6.0k8.0k2014201920242014: 1.7k2015: 7332016: 6182017: 6662018: 7722019: 7982020: 6022021: 2.1k2022: 6.9k2023: 7.2k2024: 5.9k

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 Montenegro is 5,904, measured in 2024.

Compared with earlier readings it is down 18.0% on the previous year and up 247.9% over ten years.

Over the whole period, number of male business owners in Montenegro peaked at 7,196 in 2023 and was at its lowest, 602, in 2020.

Montenegro ranks 44th of 72 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Number of male business owners in Montenegro, year by year

Annual values for Number of male business owners in Montenegro, 2014 to 2024.
Year Value Change
2014 1,697
2015 733 -56.8%
2016 618 -15.7%
2017 666 +7.8%
2018 772 +15.9%
2019 798 +3.4%
2020 602 -24.6%
2021 2,109 +250.3%
2022 6,860 +225.3%
2023 7,196 +4.9%
2024 5,904 -18.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 880.67 618 1,697 6
2020s 4,534 602 7,196 5

Countries ranked near Montenegro

  1. 41 Serbia 6,912 compare
  2. 42 Burundi 6,538 compare
  3. 43 Latvia 6,187 compare
  4. 45 Jamaica 4,425 compare
  5. 46 Benin 4,354 compare
  6. 47 Togo 4,259 compare

See the full ranking of 72 places →

More private sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is number of male business owners in Montenegro?
Number of male business owners in Montenegro was 5,904 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 Montenegro?
The highest recorded value was 7,196 in 2023.
What is the lowest number of male business owners recorded in Montenegro?
The lowest recorded value was 602 in 2020.
How does Montenegro rank for number of male business owners?
Montenegro ranks 44th out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Montenegro?
Over the last ten years it is up 247.9%. The long-run trend across the full record is volatile.
Where does this Montenegro 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 Montenegro. 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/montenegro/

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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.