Share of male sole proprietors in Lao People's Democratic Republic
Lao People's Democratic Republic: Share of male sole proprietors was 68.7% in 2024. ▲ Rising
Share of male sole proprietors in Lao People's Democratic Republic, 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
Lao People's Democratic Republic recorded 68.7% for share of male sole proprietors in 2024. That is the highest value across all 11 years on record.
The figure is up 3.9% on the previous year and up 16.5% over ten years.
Over the whole period, share of male sole proprietors in Lao People's Democratic Republic peaked at 68.7% in 2024 and was at its lowest, 57.9%, in 2020.
Lao People's Democratic Republic ranks 20th of 78 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Share of male sole proprietors in Lao People's Democratic Republic, year by year
| Year | % of sole proprietors | Change |
|---|---|---|
| 2014 | 59.0% | — |
| 2015 | 61.6% | +4.3% |
| 2016 | 59.1% | -4.1% |
| 2017 | 61.7% | +4.5% |
| 2018 | 58.7% | -4.9% |
| 2019 | 60.0% | +2.2% |
| 2020 | 57.9% | -3.4% |
| 2021 | 61.3% | +5.9% |
| 2022 | 58.7% | -4.3% |
| 2023 | 66.1% | +12.8% |
| 2024 | 68.7% | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 60.0% | 58.7% | 61.7% | 6 |
| 2020s | 62.6% | 57.9% | 68.7% | 5 |
Countries ranked near Lao People's Democratic Republic
More private sector data for Lao People's Democratic Republic
- Merchandise trade 124.1% (2025)
- Food imports 12.7% (2023)
- Manufactures imports 61.7% (2023)
- Merchandise imports 10.34 billion current US$ (2025)
- Food exports 23.2% (2023)
- Manufactures exports 32.8% (2023)
- Merchandise exports 12.38 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,572 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6762 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 31.87 % change on previous year (2025)
Frequently asked questions
- What is share of male sole proprietors in Lao People's Democratic Republic?
- Share of male sole proprietors in Lao People's Democratic Republic was 68.7% 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 Lao People's Democratic Republic?
- The highest recorded value was 68.7% in 2024.
- What is the lowest share of male sole proprietors recorded in Lao People's Democratic Republic?
- The lowest recorded value was 57.9% in 2020.
- How does Lao People's Democratic Republic rank for share of male sole proprietors?
- Lao People's Democratic Republic ranks 20th out of 78 countries with data for 2024.
- Is share of male sole proprietors rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic 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.