According to a survey carried out by Ipsos in late 2020, Colombians respondents showed the highest levels of entrepreneurial mindset among the six Latin American countries analyzed. When asked about the entrepreneurial attributes they felt identified with, 61 percent of respondents in Colombia were categorized as having a "very high" entrepreneurial spirit. Brazil, on the other hand, was the country with the highest share of respondents in the "low entrepreneurial spirit" category, at seven percent.
Respondents were classified based on a list of around 100 attributes like passionate, creative, future oriented, resourceful, disciplined, self-motivated, innovative, ambitious, among others.
Levels of entrepreneurial spirit in selected countries in Latin America in 2020
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* Except from Brazil, where 1,000 respondents were surveyed.
The Entrepreneurial Spirit index was developed by combining responses regarding 100 attributes with which respondents felt identified or not: passionate about what I do in life, like to take calculated risks, creative, future oriented, resourceful, innovative, ambitious, etc.
The levels of entrepreneurial spirit were categorized as follows:
Very High = average rate 6 or more on the items
High = average rate 5 on the items
Moderate = average rate 4 on the items
Low = average rate 3 or less on the items
Missing percentage points to 100 percent or percentage points exceeding 100 percent are probably due to rounding.
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Ipsos. (January 12, 2021). Levels of entrepreneurial spirit in selected countries in Latin America in 2020 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1197942/entrepreneurialism-levels-latin-america-country/
Ipsos. "Levels of entrepreneurial spirit in selected countries in Latin America in 2020." Chart. January 12, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1197942/entrepreneurialism-levels-latin-america-country/
Ipsos. (2021). Levels of entrepreneurial spirit in selected countries in Latin America in 2020. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1197942/entrepreneurialism-levels-latin-america-country/
Ipsos. "Levels of Entrepreneurial Spirit in Selected Countries in Latin America in 2020." Statista, Statista Inc., 12 Jan 2021, https://www.statista.com/statistics/1197942/entrepreneurialism-levels-latin-america-country/
Ipsos, Levels of entrepreneurial spirit in selected countries in Latin America in 2020 Statista, https://www.statista.com/statistics/1197942/entrepreneurialism-levels-latin-america-country/ (last visited August 25, 2024)
Levels of entrepreneurial spirit in selected countries in Latin America in 2020 [Graph], Ipsos, January 12, 2021. [Online]. Available: https://www.statista.com/statistics/1197942/entrepreneurialism-levels-latin-america-country/