Entrepreneurship Around the World 2017

Entrepreneurship is the activity of setting up a business where the entrepreneur is willing to take certain risks in order to make a profit in a competitive environment. In the past few years, becoming an entrepreneur has been a trending activity which is supported all over the world by governments. For example, StartUp Britain, a British government-backed national enterprise campaign which was launched firstly in 2011 and ever since had over five national tours with the main goal to inspire and support local entrepreneurs. Since StartUp Britain was launched, number of startups have increased by 200,000 during the four years of its existence.

Other countries are also working towards developing their entrepreneurial activity. If you are thinking about starting your own company, you might want to be aware about the places where a business is most likely to succeed.

With this infographic, Market Inspector would like to introduce you to the best countries to start a business. Rankings are based on the Global Entrepreneurship Monitor report, more specifically on the New business ownership rate which represents the percentage of adult population aged between 18 and 64 years that have started a business which managed to hire employees and pay salaries within four to forty two months.