Share of male business owners (% of total business owners) in South Korea

South Korea: Share of male business owners (% of total business owners) was 73.1% in 2023. ▼ Falling

Latest (2023)
73.1%
Change on year
up 1.0%
World rank
41st
of 72 countries
All-time high
76.7%
in 2014
All-time low
72.4%
in 2022
Years of data
5
2014–2023

Share of male business owners in South Korea, 2014–2023

0204060802014201820232014: 76.7 % of total business owners2015: 76.3 % of total business owners2016: 76 % of total business owners2022: 72.4 % of total business owners2023: 73.1 % of total business owners

Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Measured in % of total business owners.

Analysis

South Korea recorded 73.1% for share of male business owners in 2023.

The figure is up 1.0% on the previous year and down 4.7% over ten years.

Over the whole period, share of male business owners in South Korea peaked at 76.7% in 2014 and was at its lowest, 72.4%, in 2022.

That places South Korea 41st out of 72 countries with data for 2023, putting it in the middle of the range.

Share of male business owners (% of total business owners) in South Korea, year by year

Annual values for Share of male business owners (% of total business owners) in South Korea, 2014 to 2023.
Year % of total business owners Change
2014 76.7% —
2015 76.3% -0.5%
2016 76.0% -0.4%
2022 72.4% -4.8%
2023 73.1% +1.0%

South Korea compared with similar countries

  • South Korea's 73.1% is below the median for high income countries, which is 74.5%, 98% of the median. (21 countries reporting)
  • South Korea's 73.1% is above the median for East Asia & Pacific, which is 69.0%, 1.1× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 76.3% 76.0% 76.7% 3
2020s 72.7% 72.4% 73.1% 2

Countries ranked near South Korea

  1. 38 Belarus 74.7% compare
  2. 39 Norway 74.5% compare
  3. 40 Greece 73.5% compare
  4. 42 Slovenia 73.1% compare
  5. 43 Cote d'Ivoire 72.9% compare
  6. 44 Slovakia 72.8% compare

See the full ranking of 72 places →

More private sector data for South Korea

All data for South Korea →

Frequently asked questions

What is share of male business owners in South Korea?
Share of male business owners in South Korea was 73.1% in 2023, 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 share of male business owners recorded in South Korea?
The highest recorded value was 76.7% in 2014.
What is the lowest share of male business owners recorded in South Korea?
The lowest recorded value was 72.4% in 2022.
How does South Korea rank for share of male business owners?
South Korea ranks 41st out of 72 countries with data for 2023.
Is share of male business owners rising or falling in South Korea?
Over the last ten years it is down 4.7%. The long-run trend across the full record is falling.
Where does this South Korea 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 Share of male business owners (% of total business owners). Statizoid updates them automatically from the source API.

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Share of male business owners in South Korea. 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/share-of-male-business-owners-percent-of-total-business-owners/korea-rep/

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About this data

Indicator
Share of male business owners (% of total business owners)
Unit
% of total 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

Share of male business is the proportion of male newly registered limited liability company owners out of the total number of newly registered limited liability company owners in the economy in the calendar year.