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New business ownership rate in Asia & Oceania in 2017, by country

New business ownership rate in Asia & Oceania in 2017, by country

The data displays the new business ownership rate in Asia & Oceania countries in 2017. New business ownership rate refers to the percentage of 18-64 population who are currently a owner-manager of a new business, i.e., owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than three months, but not more than 42 months. In 2017, the new business ownership rate in China was 6.4%.

Vietnam 20.8
Lebanon 16
Thailand 12.1
Asia & Oceania (Regional Avg.) 7.1
Iran 6.9
Korea 6.9
Saudi Arabia 6.9
Malaysia 6.6
China 6.4
Australia 5.9
Israel 5.1
United Arab Emirates 5.1
Taiwan 5
India 4.6
Indonesia 3.9
Kazakhstan 3.8
Qatar 2.8
Japan 1.6