Number of male business owners in Thailand

Thailand: Number of male business owners was 95,660 in 2024. ▲ Rising

Latest (2024)
95,660
Change on year
down 43.8%
World rank
6th
of 72 countries
All-time high
170,276
in 2023
All-time low
95,660
in 2024
Years of data
11
2014–2024

Number of male business owners in Thailand, 2014–2024

050.0k100.0k150.0k2014201920242014: 104.5k2015: 104.7k2016: 116.0k2017: 124.5k2018: 119.2k2019: 114.6k2020: 103.2k2021: 133.6k2022: 117.8k2023: 170.3k2024: 95.7k

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

Analysis

Thailand recorded 95,660 for number of male business owners in 2024. That is the lowest value across all 11 years on record.

The figure is down 43.8% on the previous year and down 8.5% over ten years.

Over the whole period, number of male business owners in Thailand peaked at 170,276 in 2023 and was at its lowest, 95,660, in 2024.

Thailand ranks 6th of 72 countries on this measure, in the top 10%.

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

Number of male business owners in Thailand, year by year

Annual values for Number of male business owners in Thailand, 2014 to 2024.
Year Value Change
2014 104,490
2015 104,657 +0.2%
2016 115,958 +10.8%
2017 124,484 +7.4%
2018 119,187 -4.3%
2019 114,603 -3.8%
2020 103,239 -9.9%
2021 133,567 +29.4%
2022 117,825 -11.8%
2023 170,276 +44.5%
2024 95,660 -43.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 113,896 104,490 124,484 6
2020s 124,113 95,660 170,276 5

Countries ranked near Thailand

  1. 3 Italy 130,091 compare
  2. 4 Turkey 125,873 compare
  3. 5 Chile 108,689 compare
  4. 7 South Korea 93,706 compare
  5. 8 Germany 86,823 compare
  6. 9 Morocco 79,819 compare

See the full ranking of 72 places →

More private sector data for Thailand

All data for Thailand →

Frequently asked questions

What is number of male business owners in Thailand?
Number of male business owners in Thailand was 95,660 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 Thailand?
The highest recorded value was 170,276 in 2023.
What is the lowest number of male business owners recorded in Thailand?
The lowest recorded value was 95,660 in 2024.
How does Thailand rank for number of male business owners?
Thailand ranks 6th out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Thailand?
Over the last ten years it is down 8.5%. The long-run trend across the full record is rising.
Where does this Thailand 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 Thailand. 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/thailand/

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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.