Share of male business owners in Montenegro

Montenegro: Share of male business owners was 74.8% in 2024. ▲ Rising

Latest (2024)
74.8%
Change on year
up 1.0%
World rank
37th
of 72 countries
All-time high
74.8%
in 2024
All-time low
54.5%
in 2014
Years of data
11
2014–2024

Share of male business owners in Montenegro, 2014–2024

0204060802014201920242014: 54.5 % of total business owners2015: 68.1 % of total business owners2016: 67.8 % of total business owners2017: 70 % of total business owners2018: 69.8 % of total business owners2019: 70.7 % of total business owners2020: 67.1 % of total business owners2021: 70.9 % of total business owners2022: 71.1 % of total business owners2023: 74.1 % of total business owners2024: 74.8 % 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

The most recent figure for share of male business owners in Montenegro is 74.8%, measured in 2024. That is the highest value across all 11 years on record.

The figure is up 1.0% on the previous year and up 37.1% over ten years.

Over the whole period, share of male business owners in Montenegro peaked at 74.8% in 2024 and was at its lowest, 54.5%, in 2014.

That places Montenegro 37th out of 72 countries with data for 2024, putting it in the middle of the range.

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

Share of male business owners in Montenegro, year by year

Annual values for Share of male business owners (% of total business owners) in Montenegro, 2014 to 2024.
Year % of total business owners Change
2014 54.5%
2015 68.1% +24.8%
2016 67.8% -0.4%
2017 70.0% +3.3%
2018 69.8% -0.3%
2019 70.7% +1.3%
2020 67.1% -5.0%
2021 70.9% +5.6%
2022 71.1% +0.2%
2023 74.1% +4.2%
2024 74.8% +1.0%

Montenegro compared with similar countries

  • Montenegro's 74.8% is above the median for upper middle income countries, which is 71.9%, 1.0× the median. (23 countries reporting)
  • Montenegro's 74.8% is above the median for Europe & Central Asia, which is 74.8%, 1.0× the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 66.8% 54.5% 70.7% 6
2020s 71.6% 67.1% 74.8% 5

Countries ranked near Montenegro

  1. 34 Liberia 75.3% compare
  2. 35 Brunei Darussalam 75.1% compare
  3. 36 Georgia 75.0% compare
  4. 38 Belarus 74.7% compare
  5. 39 Norway 74.5% compare
  6. 40 Greece 73.5% compare

See the full ranking of 72 places →

More private sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is share of male business owners in Montenegro?
Share of male business owners in Montenegro was 74.8% 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 share of male business owners recorded in Montenegro?
The highest recorded value was 74.8% in 2024.
What is the lowest share of male business owners recorded in Montenegro?
The lowest recorded value was 54.5% in 2014.
How does Montenegro rank for share of male business owners?
Montenegro ranks 37th out of 72 countries with data for 2024.
Is share of male business owners rising or falling in Montenegro?
Over the last ten years it is up 37.1%. The long-run trend across the full record is rising.
Where does this Montenegro 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 Montenegro. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 15 September 2026, from https://private-sector.statizoid.com/stat/share-of-male-business-owners-percent-of-total-business-owners/montenegro/

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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.