Number of male business owners in Zambia

Zambia: Number of male business owners was 30,057 in 2024. ▲ Rising

Latest (2024)
30,057
Change on year
down 3.2%
World rank
17th
of 72 countries
All-time high
31,041
in 2023
All-time low
14,794
in 2016
Years of data
11
2014–2024

Number of male business owners in Zambia, 2014–2024

010.0k20.0k30.0k2014201920242014: 17.9k2015: 16.4k2016: 14.8k2017: 15.9k2018: 17.4k2019: 16.9k2020: 18.9k2021: 25.5k2022: 31.0k2023: 31.0k2024: 30.1k

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

Analysis

In 2024, number of male business owners in Zambia stood at 30,057.

Compared with earlier readings it is down 3.2% on the previous year and up 68.1% over ten years.

Over the whole period, number of male business owners in Zambia peaked at 31,041 in 2023 and was at its lowest, 14,794, in 2016.

That places Zambia 17th 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 Zambia, year by year

Annual values for Number of male business owners in Zambia, 2014 to 2024.
Year Value Change
2014 17,879
2015 16,363 -8.5%
2016 14,794 -9.6%
2017 15,872 +7.3%
2018 17,415 +9.7%
2019 16,933 -2.8%
2020 18,919 +11.7%
2021 25,518 +34.9%
2022 30,999 +21.5%
2023 31,041 +0.1%
2024 30,057 -3.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 16,543 14,794 17,879 6
2020s 27,307 18,919 31,041 5

Countries ranked near Zambia

  1. 14 Pakistan 44,950 compare
  2. 15 Saudi Arabia 33,219 compare
  3. 16 Egypt 31,429 compare
  4. 18 Nepal 28,103 compare
  5. 19 Bangladesh 24,324 compare
  6. 20 Ecuador 24,159 compare

See the full ranking of 72 places →

More private sector data for Zambia

All data for Zambia →

Frequently asked questions

What is number of male business owners in Zambia?
Number of male business owners in Zambia was 30,057 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 Zambia?
The highest recorded value was 31,041 in 2023.
What is the lowest number of male business owners recorded in Zambia?
The lowest recorded value was 14,794 in 2016.
How does Zambia rank for number of male business owners?
Zambia ranks 17th out of 72 countries with data for 2024.
Is number of male business owners rising or falling in Zambia?
Over the last ten years it is up 68.1%. The long-run trend across the full record is rising.
Where does this Zambia 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 Zambia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 02 September 2026, from https://private-sector.statizoid.com/stat/number-of-male-business-owners/zambia/

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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.