Number of male business owners in Namibia

Namibia: Number of male business owners was 10,016 in 2024. ▼ Falling

Latest (2024)
10,016
Change on year
up 0.2%
World rank
35th
of 72 countries
All-time high
30,282
in 2018
All-time low
9,852
in 2020
Years of data
11
2014–2024

Number of male business owners in Namibia, 2014–2024

10.0k15.0k20.0k25.0k30.0k2014201920242014: 20.1k2015: 21.4k2016: 22.9k2017: 17.3k2018: 30.3k2019: 11.7k2020: 9.9k2021: 12.8k2022: 11.4k2023: 10.0k2024: 10.0k

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

Analysis

Namibia recorded 10,016 for number of male business owners in 2024.

Compared with earlier readings it is up 0.2% on the previous year and down 50.1% over ten years.

Over the whole period, number of male business owners in Namibia peaked at 30,282 in 2018 and was at its lowest, 9,852, in 2020.

That places Namibia 35th out of 72 countries with data for 2024, putting it in the middle of the range.

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

Number of male business owners in Namibia, year by year

Annual values for Number of male business owners in Namibia, 2014 to 2024.
Year Value Change
2014 20,063
2015 21,404 +6.7%
2016 22,878 +6.9%
2017 17,284 -24.5%
2018 30,282 +75.2%
2019 11,656 -61.5%
2020 9,852 -15.5%
2021 12,832 +30.2%
2022 11,400 -11.2%
2023 9,993 -12.3%
2024 10,016 +0.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20,594 11,656 30,282 6
2020s 10,819 9,852 12,832 5

Countries ranked near Namibia

  1. 32 Bahrain 12,495 compare
  2. 33 Azerbaijan 11,153 compare
  3. 34 Iraq 10,726 compare
  4. 36 Oman 9,086 compare
  5. 37 Afghanistan 8,482 compare
  6. 38 Belarus 7,613 compare

See the full ranking of 72 places →

More private sector data for Namibia

All data for Namibia →

Frequently asked questions

What is number of male business owners in Namibia?
Number of male business owners in Namibia was 10,016 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 Namibia?
The highest recorded value was 30,282 in 2018.
What is the lowest number of male business owners recorded in Namibia?
The lowest recorded value was 9,852 in 2020.
How does Namibia rank for number of male business owners?
Namibia ranks 35th out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Namibia?
Over the last ten years it is down 50.1%. The long-run trend across the full record is falling.
Where does this Namibia 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 Namibia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 28 August 2026, from https://private-sector.statizoid.com/stat/number-of-male-business-owners/namibia/

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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.