Share of male sole proprietors in Korea

Korea: Share of male sole proprietors was 53.1% in 2023. ▬ Flat

Latest (2023)
53.1%
Change on year
up 0.9%
World rank
66th
of 78 countries
All-time high
53.1%
in 2023
All-time low
51.2%
in 2018
Years of data
10
2014–2023

Share of male sole proprietors in Korea, 2014–2023

02040602014201820232014: 52.6 % of sole proprietors2015: 51.8 % of sole proprietors2016: 51.7 % of sole proprietors2017: 51.5 % of sole proprietors2018: 51.2 % of sole proprietors2019: 51.8 % of sole proprietors2020: 51.6 % of sole proprietors2021: 51.7 % of sole proprietors2022: 52.6 % of sole proprietors2023: 53.1 % of sole proprietors

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

In 2023, share of male sole proprietors in Korea stood at 53.1%. That is the highest value across all 10 years on record.

The figure is up 0.9% on the previous year and up 0.9% over ten years.

Over the whole period, share of male sole proprietors in Korea peaked at 53.1% in 2023 and was at its lowest, 51.2%, in 2018.

Korea ranks 66th of 78 countries on this measure, in the bottom quarter.

Share of male sole proprietors in Korea, year by year

Annual values for Share of male sole proprietors (% of sole proprietors) in Korea, 2014 to 2023.
Year % of sole proprietors Change
2014 52.6%
2015 51.8% -1.5%
2016 51.7% -0.3%
2017 51.5% -0.3%
2018 51.2% -0.6%
2019 51.8% +1.3%
2020 51.6% -0.4%
2021 51.7% +0.2%
2022 52.6% +1.7%
2023 53.1% +0.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 51.8% 51.2% 52.6% 6
2020s 52.3% 51.6% 53.1% 4

Countries ranked near Korea

  1. 63 Belize 53.7% compare
  2. 64 Congo, Democratic Republic of the 53.3% compare
  3. 65 Kyrgyzstan 53.2% compare
  4. 67 Lithuania 52.6% compare
  5. 68 Mongolia 52.2% compare
  6. 69 Austria 50.0% compare

See the full ranking of 78 places →

More private sector data for Korea

All data for Korea →

Frequently asked questions

What is share of male sole proprietors in Korea?
Share of male sole proprietors in Korea was 53.1% in 2023, 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 Korea?
The highest recorded value was 53.1% in 2023.
What is the lowest share of male sole proprietors recorded in Korea?
The lowest recorded value was 51.2% in 2018.
How does Korea rank for share of male sole proprietors?
Korea ranks 66th out of 78 countries with data for 2023.
Is share of male sole proprietors rising or falling in Korea?
Over the last ten years it is up 0.9%. The long-run trend across the full record is flat.
Where does this Korea 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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Share of male sole proprietors in Korea. 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-sole-proprietors-percent-of-sole-proprietors/korea-rep/

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About this data

Indicator
Share of male sole proprietors (% of sole proprietors)
Unit
% of sole proprietors
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
78 places, 714 data points, 2014–2024
Last refreshed

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.