Share of male business owners in Thailand
Thailand: Share of male business owners was 51.8% in 2024. ▼ Falling
Share of male business owners in Thailand, 2014–2024
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
Thailand recorded 51.8% for share of male business owners in 2024.
That represents a change of up 0.2% on the previous year and down 10.1% over ten years.
Over the whole period, share of male business owners in Thailand peaked at 60.5% in 2020 and was at its lowest, 51.7%, in 2023.
That places Thailand 72nd 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 Thailand, year by year
| Year | % of total business owners | Change |
|---|---|---|
| 2014 | 57.6% | — |
| 2015 | 58.1% | +0.9% |
| 2016 | 60.4% | +3.9% |
| 2017 | 59.0% | -2.3% |
| 2018 | 59.8% | +1.3% |
| 2019 | 59.6% | -0.3% |
| 2020 | 60.5% | +1.5% |
| 2021 | 58.5% | -3.3% |
| 2022 | 59.5% | +1.7% |
| 2023 | 51.7% | -13.1% |
| 2024 | 51.8% | +0.2% |
Thailand compared with similar countries
- Thailand's 51.8% is below the median for upper middle income countries, which is 71.9%, 72% of the median. (23 countries reporting)
- Thailand's 51.8% is below the median for East Asia & Pacific, which is 69.0%, 75% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 59.1% | 57.6% | 60.4% | 6 |
| 2020s | 56.4% | 51.7% | 60.5% | 5 |
Countries ranked near Thailand
More private sector data for Thailand
- Merchandise trade 118.6% (2025)
- Food imports 6.6% (2024)
- Manufactures imports 65.8% (2024)
- Merchandise imports 344.94 billion current US$ (2025)
- Food exports 14.7% (2024)
- Manufactures exports 72.1% (2024)
- Merchandise exports 339.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,742 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5886 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.93 % change on previous year (2025)
Frequently asked questions
- What is share of male business owners in Thailand?
- Share of male business owners in Thailand was 51.8% 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 Thailand?
- The highest recorded value was 60.5% in 2020.
- What is the lowest share of male business owners recorded in Thailand?
- The lowest recorded value was 51.7% in 2023.
- How does Thailand rank for share of male business owners?
- Thailand ranks 72nd out of 72 countries with data for 2024.
- Is share of male business owners rising or falling in Thailand?
- Over the last ten years it is down 10.1%. 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 Share of male business owners (% of total business owners). Statizoid updates them automatically from the source API.
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About this data
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.