Motive for founding a company in Germany 2023

Published by
Kasia Davies,
Jun 21, 2024

In 2023, around 43 percent of respondents in Germany stated that they started their own company so that they could have more independence. Over 33 percent of those asked answered that a higher income was their motivation. 

Motives for starting a company in Germany in 2023

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Release date

June 2024

Region

Germany

Survey time period

2023

Age group

18-64 years

Supplementary notes

The statistic refers to a survey conducted within the framework of the KfW Entrepreneurship Monitor (KfW-Gründungsmonitor). In the survey 50,000 respondents were surveyed. During the process founders to whom the percentages listed in the statistic apply were identified. The KfW Entrepreneurship Monitor collects information with computer-supported telephone interviews (CATI).

Percentage points exceeding 100 percent are most likely due to rounding.

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