Share of male business owners in Viet Nam

Viet Nam: Share of male business owners was 63.4% in 2024. ▬ Flat

Latest (2024)
63.4%
Change on year
down 0.8%
World rank
62nd
of 72 countries
All-time high
69.7%
in 2021
All-time low
63.3%
in 2015
Years of data
11
2014–2024

Share of male business owners in Viet Nam, 2014–2024

02040602014201920242014: 63.6 % of total business owners2015: 63.3 % of total business owners2016: 63.5 % of total business owners2017: 63.7 % of total business owners2018: 63.8 % of total business owners2019: 63.6 % of total business owners2020: 64.4 % of total business owners2021: 69.7 % of total business owners2022: 67.9 % of total business owners2023: 63.9 % of total business owners2024: 63.4 % 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

In 2024, share of male business owners in Viet Nam stood at 63.4%.

Compared with earlier readings it is down 0.8% on the previous year and down 0.3% over ten years.

Over the whole period, share of male business owners in Viet Nam peaked at 69.7% in 2021 and was at its lowest, 63.3%, in 2015.

That places Viet Nam 62nd out of 72 countries with data for 2024, putting it in the bottom quarter.

Share of male business owners in Viet Nam, year by year

Annual values for Share of male business owners (% of total business owners) in Viet Nam, 2014 to 2024.
Year % of total business owners Change
2014 63.6%
2015 63.3% -0.3%
2016 63.5% +0.3%
2017 63.7% +0.4%
2018 63.8% +0.1%
2019 63.6% -0.3%
2020 64.4% +1.2%
2021 69.7% +8.3%
2022 67.9% -2.6%
2023 63.9% -5.9%
2024 63.4% -0.8%

Viet Nam compared with similar countries

  • Viet Nam's 63.4% is below the median for upper middle income countries, which is 71.9%, 88% of the median. (23 countries reporting)
  • Viet Nam's 63.4% is below the median for East Asia & Pacific, which is 69.0%, 92% of the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 63.6% 63.3% 63.8% 6
2020s 65.9% 63.4% 69.7% 5

Countries ranked near Viet Nam

  1. 59 Jamaica 65.6% compare
  2. 60 Uruguay 64.6% compare
  3. 61 Romania 63.7% compare
  4. 63 Eswatini 63.3% compare
  5. 64 Namibia 63.1% compare
  6. 65 Chile 62.5% compare

See the full ranking of 72 places →

More private sector data for Viet Nam

All data for Viet Nam →

Frequently asked questions

What is share of male business owners in Viet Nam?
Share of male business owners in Viet Nam was 63.4% 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 Viet Nam?
The highest recorded value was 69.7% in 2021.
What is the lowest share of male business owners recorded in Viet Nam?
The lowest recorded value was 63.3% in 2015.
How does Viet Nam rank for share of male business owners?
Viet Nam ranks 62nd out of 72 countries with data for 2024.
Is share of male business owners rising or falling in Viet Nam?
Over the last ten years it is down 0.3%. The long-run trend across the full record is flat.
Where does this Viet Nam 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 Viet Nam. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/share-of-male-business-owners-percent-of-total-business-owners/viet-nam/

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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.