Number of male business owners in Rwanda
Rwanda: Number of male business owners was 23,725 in 2024. ▲ Rising
Number of male business owners in Rwanda, 2014–2024
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
Analysis
Rwanda recorded 23,725 for number of male business owners in 2024. That is the highest value across all 11 years on record.
That represents a change of up 20.5% on the previous year and up 89.8% over ten years.
Over the whole period, number of male business owners in Rwanda peaked at 23,725 in 2024 and was at its lowest, 12,500, in 2014.
Rwanda ranks 21st 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 Rwanda, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 12,500 | — |
| 2015 | 13,020 | +4.2% |
| 2016 | 12,759 | -2.0% |
| 2017 | 12,632 | -1.0% |
| 2018 | 13,646 | +8.0% |
| 2019 | 16,536 | +21.2% |
| 2020 | 19,008 | +14.9% |
| 2021 | 17,743 | -6.7% |
| 2022 | 18,368 | +3.5% |
| 2023 | 19,688 | +7.2% |
| 2024 | 23,725 | +20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13,516 | 12,500 | 16,536 | 6 |
| 2020s | 19,706 | 17,743 | 23,725 | 5 |
Countries ranked near Rwanda
- 18 Nepal 28,103 compare
- 19 Bangladesh 24,324 compare
- 20 Ecuador 24,159 compare
- 22 Netherlands 23,031 compare
- 23 Côte d'Ivoire 22,213 compare
- 24 Denmark 20,755 compare
More private sector data for Rwanda
- Merchandise trade 45.9% (2025)
- Food imports 22.4% (2022)
- Manufactures imports 50.0% (2022)
- Merchandise imports 5.07 billion current US$ (2025)
- Food exports 27.2% (2022)
- Manufactures exports 10.4% (2022)
- Merchandise exports 2.45 billion current US$ (2025)
- Merchandise exports (current US$), per capita 168.16 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1496 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -23.46 % change on previous year (2025)
Frequently asked questions
- What is number of male business owners in Rwanda?
- Number of male business owners in Rwanda was 23,725 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 Rwanda?
- The highest recorded value was 23,725 in 2024.
- What is the lowest number of male business owners recorded in Rwanda?
- The lowest recorded value was 12,500 in 2014.
- How does Rwanda rank for number of male business owners?
- Rwanda ranks 21st out of 72 countries with data for 2024.
- Is number of male business owners rising or falling in Rwanda?
- Over the last ten years it is up 89.8%. The long-run trend across the full record is rising.
- Where does this Rwanda 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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About this data
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.