Share of male sole proprietors in Jamaica
Jamaica: Share of male sole proprietors was 42.3% in 2024. ▼ Falling
Share of male sole proprietors in Jamaica, 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 sole proprietors.
Analysis
The most recent figure for share of male sole proprietors in Jamaica is 42.3%, measured in 2024. That is the lowest value across all 11 years on record.
The figure is down 4.4% on the previous year and down 16.7% over ten years.
Over the whole period, share of male sole proprietors in Jamaica peaked at 55.4% in 2017 and was at its lowest, 42.3%, in 2024.
Jamaica ranks 76th of 78 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Share of male sole proprietors in Jamaica, year by year
| Year | % of sole proprietors | Change |
|---|---|---|
| 2014 | 50.7% | — |
| 2015 | 52.1% | +2.7% |
| 2016 | 52.6% | +0.9% |
| 2017 | 55.4% | +5.3% |
| 2018 | 52.6% | -5.0% |
| 2019 | 51.7% | -1.9% |
| 2020 | 47.5% | -8.1% |
| 2021 | 43.3% | -8.8% |
| 2022 | 44.7% | +3.3% |
| 2023 | 44.2% | -1.1% |
| 2024 | 42.3% | -4.4% |
Jamaica compared with similar countries
- Jamaica's 42.3% is below the median for upper middle income countries, which is 62.4%, 68% of the median. (27 countries reporting)
- Jamaica's 42.3% is below the median for Latin America & Caribbean, which is 54.6%, 77% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 52.5% | 50.7% | 55.4% | 6 |
| 2020s | 44.4% | 42.3% | 47.5% | 5 |
Countries ranked near Jamaica
- 73 Rwanda 44.8% compare
- 74 Kazakhstan 43.5% compare
- 75 Thailand 43.4% compare
- 77 Philippines 38.9% compare
- 78 Marshall Islands 27.3% compare
More private sector data for Jamaica
- Merchandise trade 41.3% (2025)
- Food imports 20.5% (2023)
- Manufactures imports 51.4% (2023)
- Merchandise imports 7.68 billion current US$ (2025)
- Food exports 30.4% (2023)
- Manufactures exports 3.0% (2023)
- Merchandise exports 1.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 595.33 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0744 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -9.53 % change on previous year (2025)
Frequently asked questions
- What is share of male sole proprietors in Jamaica?
- Share of male sole proprietors in Jamaica was 42.3% 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 sole proprietors recorded in Jamaica?
- The highest recorded value was 55.4% in 2017.
- What is the lowest share of male sole proprietors recorded in Jamaica?
- The lowest recorded value was 42.3% in 2024.
- How does Jamaica rank for share of male sole proprietors?
- Jamaica ranks 76th out of 78 countries with data for 2024.
- Is share of male sole proprietors rising or falling in Jamaica?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is falling.
- Where does this Jamaica 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 sole proprietors (% of sole proprietors). Statizoid updates them automatically from the source API.
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About this data
Share of male sole proprietors is the proportion of male newly registered sole proprietors out of the total number of newly registered sole proprietors in the economy in the calendar year. A sole proprietorship is a business entity owned and managed by a single individual who is indistinguishable from the business and personally liable.