Number of male business owners in Vietnam

Vietnam: Number of male business owners was 68,793 in 2024. ▲ Rising

Latest (2024)
68,793
Change on year
down 0.7%
World rank
12th
of 72 countries
All-time high
101,020
in 2022
All-time low
42,528
in 2014
Years of data
11
2014–2024

Number of male business owners in Vietnam, 2014–2024

025.0k50.0k75.0k100.0k2014201920242014: 42.5k2015: 54.4k2016: 63.2k2017: 73.4k2018: 76.0k2019: 78.5k2020: 79.6k2021: 81.8k2022: 101.0k2023: 69.3k2024: 68.8k

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

Analysis

Vietnam recorded 68,793 for number of male business owners in 2024.

The figure is down 0.7% on the previous year and up 61.8% over ten years.

Over the whole period, number of male business owners in Vietnam peaked at 101,020 in 2022 and was at its lowest, 42,528, in 2014.

That places Vietnam 12th out of 72 countries with data for 2024, putting it in the top quarter.

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

Number of male business owners in Vietnam, year by year

Annual values for Number of male business owners in Vietnam, 2014 to 2024.
Year Value Change
2014 42,528 —
2015 54,380 +27.9%
2016 63,211 +16.2%
2017 73,361 +16.1%
2018 76,049 +3.7%
2019 78,479 +3.2%
2020 79,563 +1.4%
2021 81,830 +2.8%
2022 101,020 +23.5%
2023 69,272 -31.4%
2024 68,793 -0.7%

Vietnam compared with similar countries

  • Vietnam's 68,793 is above the median for upper middle income countries, which is 7,315, 9.4× the median. (23 countries reporting)
  • Vietnam's 68,793 is above the median for East Asia & Pacific, which is 1,166, 59.0× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 64,668 42,528 78,479 6
2020s 80,096 68,793 101,020 5

Countries ranked near Vietnam

  1. 9 Morocco 79,819 compare
  2. 10 Romania 70,498 compare
  3. 11 Malaysia 69,249 compare
  4. 13 Uzbekistan 58,746 compare
  5. 14 Pakistan 44,950 compare
  6. 15 Saudi Arabia 33,219 compare

See the full ranking of 72 places →

More private sector data for Vietnam

All data for Vietnam →

Frequently asked questions

What is number of male business owners in Vietnam?
Number of male business owners in Vietnam was 68,793 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 Vietnam?
The highest recorded value was 101,020 in 2022.
What is the lowest number of male business owners recorded in Vietnam?
The lowest recorded value was 42,528 in 2014.
How does Vietnam rank for number of male business owners?
Vietnam ranks 12th out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Vietnam?
Over the last ten years it is up 61.8%. The long-run trend across the full record is rising.
Where does this Vietnam 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 Vietnam. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 08 November 2026, from https://private-sector.statizoid.com/stat/number-of-male-business-owners/viet-nam/

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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.