This statistic shows the share of necessity-driven entrepreneurship in total early-stage entrepreneurial activity (TEA) in Latin American and Caribbean countries in 2018. According to the report, necessity driven entrepreneurial activity is defined as the percentage of those involved in total early-stage entrepreneurial activity because they had no other option for work. According to data from the Global Entrepreneurship Monitor, in 2018, the share of necessity-driven entrepreneurship in Chile was 23.6 percent.
Necessity driven entrepreneurial activity in Latin America and the Caribbean in 2018, by country
(as a percentage of total entrepreneurial activity)
data is composed of the Adult Population Survey and the National Expert Survey
Method of interview
Questionnaire
Supplementary notes
A necessity-driven entrepreneur is one who started the business because there were no better options for work, rather than because s/he saw the start-ups as an opportunity.
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GEM. (February 25, 2020). Necessity driven entrepreneurial activity in Latin America and the Caribbean in 2018, by country (as a percentage of total entrepreneurial activity) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/315645/necessity-driven-entrepreneurial-activity-in-latin-america-and-caribbean/
GEM. "Necessity driven entrepreneurial activity in Latin America and the Caribbean in 2018, by country (as a percentage of total entrepreneurial activity)." Chart. February 25, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/315645/necessity-driven-entrepreneurial-activity-in-latin-america-and-caribbean/
GEM. (2020). Necessity driven entrepreneurial activity in Latin America and the Caribbean in 2018, by country (as a percentage of total entrepreneurial activity). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/315645/necessity-driven-entrepreneurial-activity-in-latin-america-and-caribbean/
GEM. "Necessity Driven Entrepreneurial Activity in Latin America and The Caribbean in 2018, by Country (as a Percentage of Total Entrepreneurial Activity)." Statista, Statista Inc., 25 Feb 2020, https://www.statista.com/statistics/315645/necessity-driven-entrepreneurial-activity-in-latin-america-and-caribbean/
GEM, Necessity driven entrepreneurial activity in Latin America and the Caribbean in 2018, by country (as a percentage of total entrepreneurial activity) Statista, https://www.statista.com/statistics/315645/necessity-driven-entrepreneurial-activity-in-latin-america-and-caribbean/ (last visited December 22, 2024)
Necessity driven entrepreneurial activity in Latin America and the Caribbean in 2018, by country (as a percentage of total entrepreneurial activity) [Graph], GEM, February 25, 2020. [Online]. Available: https://www.statista.com/statistics/315645/necessity-driven-entrepreneurial-activity-in-latin-america-and-caribbean/
