The Established Business Ownership Rate (EBO) in Togo stood at 17.8 percent in 2020, the highest among the selected African countries surveyed between 2020 and 2021. The indicator refers to the share of people aged 18 to 64 years who own a business that is more than 3.5 years old. The second-highest rate was registered in Burkina Faso, where around 12 percent of the adult population owned an established business as of 2020.
Established Business Ownership (EBO) rate in selected African countries as of 2021
* Data as of 2020.
The figures were taken from several publications.
The source defines the Established Business Ownership Rate (EBO) as the "percentage of adults aged 18–64 who are currently owner-managers of an established business, i.e. who are owning and managing a running business that has paid salaries, wages or made any other payments to the owners for over 42 months (3.5 years).".
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GEM. (February 10, 2022). Established Business Ownership (EBO) rate in selected African countries as of 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1288747/established-business-ownership-rate-in-african-countries/
GEM. "Established Business Ownership (EBO) rate in selected African countries as of 2021." Chart. February 10, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1288747/established-business-ownership-rate-in-african-countries/
GEM. (2022). Established Business Ownership (EBO) rate in selected African countries as of 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1288747/established-business-ownership-rate-in-african-countries/
GEM. "Established Business Ownership (Ebo) Rate in Selected African Countries as of 2021." Statista, Statista Inc., 10 Feb 2022, https://www.statista.com/statistics/1288747/established-business-ownership-rate-in-african-countries/
GEM, Established Business Ownership (EBO) rate in selected African countries as of 2021 Statista, https://www.statista.com/statistics/1288747/established-business-ownership-rate-in-african-countries/ (last visited December 22, 2024)
Established Business Ownership (EBO) rate in selected African countries as of 2021 [Graph], GEM, February 10, 2022. [Online]. Available: https://www.statista.com/statistics/1288747/established-business-ownership-rate-in-african-countries/
