In 2023, less than one in five in Iran who saw good opportunities for starting a business in the country were deterred by a fear of failure. This was the lowest of the 48 countries where this survey was conducted. South Korea followed in second with 27 percent fearing to fail, with Switzerland in third. On the other hand, nearly two thirds of potential entrepreneurs in China were deterred by fear of failure, a concern that also was high in South Africa, India, and Saudi Arabia.
Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country
Characteristic
Share of respondents who saw goof opportunities for starting a business
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GEM. (February 13, 2024). Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM. "Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country." Chart. February 13, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM. (2024). Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM. "Share of Possible Entrepreneurs Deterred from Starting a Business Due to Fear of Failure Worldwide in 2023, by Country." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
GEM, Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country Statista, https://www.statista.com/statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/ (last visited December 30, 2024)
Share of possible entrepreneurs deterred from starting a business due to fear of failure worldwide in 2023, by country [Graph], GEM, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/268788/fear-of-failure-start-ups-in-leading-economic-nations/
