Share of male business owners in Namibia

Namibia: Share of male business owners was 63.1% in 2024. ▼ Falling

Latest (2024)
63.1%
Change on year
down 1.5%
World rank
64th
of 72 countries
All-time high
85.9%
in 2014
All-time low
63.1%
in 2024
Years of data
11
2014–2024

Share of male business owners in Namibia, 2014–2024

0204060802014201920242014: 85.9 % of total business owners2015: 84.3 % of total business owners2016: 84.1 % of total business owners2017: 82.8 % of total business owners2018: 79.1 % of total business owners2019: 72.1 % of total business owners2020: 70.5 % of total business owners2021: 69.7 % of total business owners2022: 68 % of total business owners2023: 64 % of total business owners2024: 63.1 % 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

The most recent figure for share of male business owners in Namibia is 63.1%, measured in 2024. That is the lowest value across all 11 years on record.

The figure is down 1.5% on the previous year and down 26.6% over ten years.

Over the whole period, share of male business owners in Namibia peaked at 85.9% in 2014 and was at its lowest, 63.1%, in 2024.

That places Namibia 64th out of 72 countries with data for 2024, putting it in the bottom quarter.

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

Share of male business owners in Namibia, year by year

Annual values for Share of male business owners (% of total business owners) in Namibia, 2014 to 2024.
Year % of total business owners Change
2014 85.9%
2015 84.3% -1.9%
2016 84.1% -0.3%
2017 82.8% -1.5%
2018 79.1% -4.5%
2019 72.1% -8.9%
2020 70.5% -2.2%
2021 69.7% -1.1%
2022 68.0% -2.5%
2023 64.0% -5.8%
2024 63.1% -1.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 81.4% 72.1% 85.9% 6
2020s 67.1% 63.1% 70.5% 5

Countries ranked near Namibia

  1. 61 Romania 63.7% compare
  2. 62 Viet Nam 63.4% compare
  3. 63 Eswatini 63.3% compare
  4. 65 Chile 62.5% compare
  5. 66 Timor-Leste 61.5% compare
  6. 67 Marshall Islands 60.0% compare

See the full ranking of 72 places →

More private sector data for Namibia

All data for Namibia →

Frequently asked questions

What is share of male business owners in Namibia?
Share of male business owners in Namibia was 63.1% 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 Namibia?
The highest recorded value was 85.9% in 2014.
What is the lowest share of male business owners recorded in Namibia?
The lowest recorded value was 63.1% in 2024.
How does Namibia rank for share of male business owners?
Namibia ranks 64th out of 72 countries with data for 2024.
Is share of male business owners rising or falling in Namibia?
Over the last ten years it is down 26.6%. The long-run trend across the full record is falling.
Where does this Namibia 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 Namibia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 12 September 2026, from https://private-sector.statizoid.com/stat/share-of-male-business-owners-percent-of-total-business-owners/namibia/

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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.