Share of people who report having intentions to start business in Colombia

Colombia: Share of people who report having intentions to start business was 52.48 in 2017. ▼ Falling

Latest (2017)
52.48
Change on year
up 5.9%
World rank
4th
of 66 countries
All-time high
62.56
in 2006
All-time low
41.33
in 2010
Years of data
12
2006–2017

Share of people who report having intentions to start business in Colombia, 2006–2017

02040602006201120172006: 62.62007: 60.12008: 60.52009: 57.22010: 41.32011: 55.82012: 56.72013: 54.52014: 472015: 48.22016: 49.62017: 52.5

Source: Global Entrepreneurship Monitor (2018) – processed by Our World in Data.

Analysis

In 2017, share of people who report having intentions to start business in Colombia stood at 52.48.

Compared with earlier readings it is up 5.9% on the previous year and down 12.7% over ten years.

Over the whole period, share of people who report having intentions to start business in Colombia peaked at 62.56 in 2006 and was at its lowest, 41.33, in 2010.

That places Colombia 4th out of 66 countries with data for 2017, putting it in the top 10%.

The long-run direction has been consistently falling across the 12 years of available data.

Share of people who report having intentions to start business in Colombia, year by year

Annual values for Share of people who report having intentions to start business in Colombia, 2006 to 2017.
Year Value Change
2006 62.56
2007 60.14 -3.9%
2008 60.49 +0.6%
2009 57.21 -5.4%
2010 41.33 -27.8%
2011 55.77 +34.9%
2012 56.66 +1.6%
2013 54.54 -3.7%
2014 47.01 -13.8%
2015 48.22 +2.6%
2016 49.56 +2.8%
2017 52.48 +5.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 60.1 57.21 62.56 4
2010s 50.7 41.33 56.66 8

Countries ranked near Colombia

  1. 1 Uganda 60.19 compare
  2. 2 United Arab Emirates 56.33 compare
  3. 3 Egypt 55.45 compare
  4. 5 Ecuador 48.18 compare
  5. 6 Guatemala 46.54 compare
  6. 7 Kazakhstan 46.22 compare

See the full ranking of 66 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is share of people who report having intentions to start business in Colombia?
Share of people who report having intentions to start business in Colombia was 52.48 in 2017, according to Global Entrepreneurship Monitor (2018) – processed by Our World in Data.
What is the highest share of people who report having intentions to start business recorded in Colombia?
The highest recorded value was 62.56 in 2006.
What is the lowest share of people who report having intentions to start business recorded in Colombia?
The lowest recorded value was 41.33 in 2010.
How does Colombia rank for share of people who report having intentions to start business?
Colombia ranks 4th out of 66 countries with data for 2017.
Is share of people who report having intentions to start business rising or falling in Colombia?
Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
Where does this Colombia data come from?
The figures come from Global Entrepreneurship Monitor (2018) – processed by Our World in Data, published as part of Share of people who report having intentions to start business. Statizoid updates them automatically from the source API.

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Share of people who report having intentions to start business in Colombia. Statizoid, drawing on Global Entrepreneurship Monitor (2018) – processed by Our World in Data. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/share-of-people-who-report-having-intentions-to-start-business/colombia/

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About this data

Indicator
Share of people who report having intentions to start business
Source
Global Entrepreneurship Monitor (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
66 places, 706 data points, 2002–2017
Last refreshed

Percentage of 18-64 population who intend to start a business within three years (individuals already involved in any stage of entrepreneurial activity excluded) plotted against GDP per capita, adjusted for inflation and differences in living costs between countries.