Number of male sole proprietors in Thailand

Thailand: Number of male sole proprietors was 51,548 in 2024. ▼ Falling

Latest (2024)
51,548
Change on year
down 9.0%
World rank
17th
of 78 countries
All-time high
74,053
in 2017
All-time low
51,548
in 2024
Years of data
11
2014–2024

Number of male sole proprietors in Thailand, 2014–2024

020.0k40.0k60.0k80.0k2014201920242014: 64.0k2015: 69.9k2016: 68.1k2017: 74.1k2018: 69.8k2019: 64.4k2020: 62.9k2021: 66.7k2022: 63.1k2023: 56.6k2024: 51.5k

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 sole proprietors in Thailand stood at 51,548. That is the lowest value across all 11 years on record.

Compared with earlier readings it is down 9.0% on the previous year and down 19.5% over ten years.

Over the whole period, number of male sole proprietors in Thailand peaked at 74,053 in 2017 and was at its lowest, 51,548, in 2024.

Thailand ranks 17th of 78 countries on this measure, in the top quarter.

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

Number of male sole proprietors in Thailand, year by year

Annual values for Number of male sole proprietors in Thailand, 2014 to 2024.
Year Value Change
2014 64,038
2015 69,922 +9.2%
2016 68,148 -2.5%
2017 74,053 +8.7%
2018 69,838 -5.7%
2019 64,367 -7.8%
2020 62,872 -2.3%
2021 66,739 +6.2%
2022 63,091 -5.5%
2023 56,635 -10.2%
2024 51,548 -9.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 68,394 64,038 74,053 6
2020s 60,177 51,548 66,739 5

Countries ranked near Thailand

  1. 14 Uzbekistan 78,592 compare
  2. 15 Croatia 54,387 compare
  3. 16 Senegal 53,567 compare
  4. 18 Slovakia 50,946 compare
  5. 19 Madagascar 43,666 compare
  6. 20 Chile 40,874 compare

See the full ranking of 78 places →

More private sector data for Thailand

All data for Thailand →

Frequently asked questions

What is number of male sole proprietors in Thailand?
Number of male sole proprietors in Thailand was 51,548 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 Thailand?
The highest recorded value was 74,053 in 2017.
What is the lowest number of male sole proprietors recorded in Thailand?
The lowest recorded value was 51,548 in 2024.
How does Thailand rank for number of male sole proprietors?
Thailand ranks 17th out of 78 countries with data for 2024.
Is number of male sole proprietors rising or falling in Thailand?
Over the last ten years it is down 19.5%. The long-run trend across the full record is falling.
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 sole proprietors. Statizoid updates them automatically from the source API.

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Number of male sole proprietors 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 30 August 2026, from https://private-sector.statizoid.com/stat/number-of-male-sole-proprietors/thailand/

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About this data

Indicator
Number of male sole proprietors
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
78 places, 714 data points, 2014–2024
Last refreshed

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.