Number of male sole proprietors in Madagascar
Madagascar: Number of male sole proprietors was 43,666 in 2024. ▲ Rising
Number of male sole proprietors in Madagascar, 2014–2024
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
Analysis
The most recent figure for number of male sole proprietors in Madagascar is 43,666, measured in 2024. That is the highest value across all 11 years on record.
That represents a change of up 75.8% on the previous year and up 117.3% over ten years.
Over the whole period, number of male sole proprietors in Madagascar peaked at 43,666 in 2024 and was at its lowest, 15,937, in 2018.
That places Madagascar 19th out of 78 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 sole proprietors in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 20,099 | — |
| 2015 | 15,994 | -20.4% |
| 2016 | 19,650 | +22.9% |
| 2017 | 18,438 | -6.2% |
| 2018 | 15,937 | -13.6% |
| 2019 | 40,249 | +152.6% |
| 2020 | 23,851 | -40.7% |
| 2021 | 24,286 | +1.8% |
| 2022 | 29,894 | +23.1% |
| 2023 | 24,835 | -16.9% |
| 2024 | 43,666 | +75.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21,728 | 15,937 | 40,249 | 6 |
| 2020s | 29,306 | 23,851 | 43,666 | 5 |
Countries ranked near Madagascar
More private sector data for Madagascar
- Merchandise trade 39.4% (2025)
- Food imports 18.4% (2024)
- Manufactures imports 58.9% (2024)
- Merchandise imports 5.24 billion current US$ (2025)
- Food exports 30.5% (2024)
- Manufactures exports 32.3% (2024)
- Merchandise exports 2.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 76.3 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1273 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is number of male sole proprietors in Madagascar?
- Number of male sole proprietors in Madagascar was 43,666 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 sole proprietors recorded in Madagascar?
- The highest recorded value was 43,666 in 2024.
- What is the lowest number of male sole proprietors recorded in Madagascar?
- The lowest recorded value was 15,937 in 2018.
- How does Madagascar rank for number of male sole proprietors?
- Madagascar ranks 19th out of 78 countries with data for 2024.
- Is number of male sole proprietors rising or falling in Madagascar?
- Over the last ten years it is up 117.3%. The long-run trend across the full record is rising.
- Where does this Madagascar 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 sole proprietors. Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Number of male sole proprietors is the number of newly registered sole proprietors owned by female individuals in the calendar year. A sole proprietorship is a business entity owned and managed by a single individual who is indistinguishable from the business and personally liable.