Share of male business owners in Zambia

Zambia: Share of male business owners was 69.0% in 2024. ▼ Falling

Latest (2024)
69.0%
Change on year
down 3.1%
World rank
53rd
of 72 countries
All-time high
78.7%
in 2014
All-time low
69.0%
in 2024
Years of data
11
2014–2024

Share of male business owners in Zambia, 2014–2024

0204060802014201920242014: 78.7 % of total business owners2015: 77 % of total business owners2016: 77.5 % of total business owners2017: 78.4 % of total business owners2018: 78 % of total business owners2019: 75.9 % of total business owners2020: 73 % of total business owners2021: 73.2 % of total business owners2022: 73 % of total business owners2023: 71.2 % of total business owners2024: 69 % 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

Zambia recorded 69.0% for share of male business owners in 2024. That is the lowest value across all 11 years on record.

The figure is down 3.1% on the previous year and down 12.4% over ten years.

Over the whole period, share of male business owners in Zambia peaked at 78.7% in 2014 and was at its lowest, 69.0%, in 2024.

Zambia ranks 53rd of 72 countries on this measure, in the middle of the range.

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

Share of male business owners in Zambia, year by year

Annual values for Share of male business owners (% of total business owners) in Zambia, 2014 to 2024.
Year % of total business owners Change
2014 78.7%
2015 77.0% -2.2%
2016 77.5% +0.6%
2017 78.4% +1.2%
2018 78.0% -0.5%
2019 75.9% -2.7%
2020 73.0% -3.8%
2021 73.2% +0.3%
2022 73.0% -0.3%
2023 71.2% -2.6%
2024 69.0% -3.1%

Zambia compared with similar countries

  • Zambia's 69.0% is below the median for lower middle income countries, which is 78.3%, 88% of the median. (21 countries reporting)
  • Zambia's 69.0% is below the median for Sub-Saharan Africa, which is 72.8%, 95% of the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 77.6% 75.9% 78.7% 6
2020s 71.9% 69.0% 73.2% 5

Countries ranked near Zambia

  1. 50 Ecuador 69.6% compare
  2. 51 Tuvalu 69.2% compare
  3. 52 Malaysia 69.0% compare
  4. 54 Estonia 68.2% compare
  5. 55 Bhutan 66.7% compare
  6. 56 Nigeria 66.3% compare

See the full ranking of 72 places →

More private sector data for Zambia

All data for Zambia →

Frequently asked questions

What is share of male business owners in Zambia?
Share of male business owners in Zambia was 69.0% 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 Zambia?
The highest recorded value was 78.7% in 2014.
What is the lowest share of male business owners recorded in Zambia?
The lowest recorded value was 69.0% in 2024.
How does Zambia rank for share of male business owners?
Zambia ranks 53rd out of 72 countries with data for 2024.
Is share of male business owners rising or falling in Zambia?
Over the last ten years it is down 12.4%. The long-run trend across the full record is falling.
Where does this Zambia 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 Zambia. 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/zambia/

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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.