In 2023, around 20 percent of the adult population in South Korea was involved in owning and running an established business. By comparison, just over four percent of the population in China had the same level of engagement that year. Established business ownership rate refers to the percentage of 18-64 population who are currently owner-manager of an established business, i.e., owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than 42 months.
Established business ownership rate in Asia in 2023, by selected country or territory
data was composed of the Adult Population Survey and the National Expert Survey
Method of interview
Questionnaire
Supplementary notes
* Taiwan, Indonesia, and Japan data as of 2022.
Shows the share of the adult population who owns and manages a business which has paid salaries, wages, or other payments to employees over the past 42 months.Â
Established businesses and their owner-managers often provide stable employment and exploit the knowledge and social capital accumulated in past experiences. Established businesses are also an important source of new businesses.
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GEM. (February 13, 2024). Established business ownership rate in Asia in 2023, by selected country or territory [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/315547/established-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM. "Established business ownership rate in Asia in 2023, by selected country or territory." Chart. February 13, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/315547/established-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM. (2024). Established business ownership rate in Asia in 2023, by selected country or territory. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/315547/established-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM. "Established Business Ownership Rate in Asia in 2023, by Selected Country or Territory." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/315547/established-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM, Established business ownership rate in Asia in 2023, by selected country or territory Statista, https://www.statista.com/statistics/315547/established-business-ownership-rate-in-asia-pacific-and-south-asia/ (last visited November 21, 2024)
Established business ownership rate in Asia in 2023, by selected country or territory [Graph], GEM, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/315547/established-business-ownership-rate-in-asia-pacific-and-south-asia/
