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

Iceland: Share of people who report having intentions to start business was 15.71 in 2010. ▲ Rising

Latest (2010)
15.71
Change on year
up 5.0%
World rank
33rd
of 66 countries
All-time high
15.89
in 2005
All-time low
11.88
in 2008
Years of data
9
2002–2010

Share of people who report having intentions to start business in Iceland, 2002–2010

0510152002200620102002: 13.52003: 14.32004: 132005: 15.92006: 15.42007: 14.92008: 11.92009: 152010: 15.7

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

Analysis

In 2010, share of people who report having intentions to start business in Iceland stood at 15.71.

Compared with earlier readings it is up 5.0% on the previous year and up 16.7% over ten years.

Over the whole period, share of people who report having intentions to start business in Iceland peaked at 15.89 in 2005 and was at its lowest, 11.88, in 2008.

Iceland ranks 33rd of 66 countries on this measure, in the middle of the range.

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

Annual values for Share of people who report having intentions to start business in Iceland, 2002 to 2010.
Year Value Change
2002 13.46
2003 14.31 +6.3%
2004 12.96 -9.4%
2005 15.89 +22.6%
2006 15.39 -3.1%
2007 14.87 -3.4%
2008 11.88 -20.1%
2009 14.96 +25.9%
2010 15.71 +5.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.21 11.88 15.89 8
2010s 15.71 15.71 15.71 1

Countries ranked near Iceland

  1. 30 Croatia 17.54 compare
  2. 31 Latvia 17.32 compare
  3. 32 Hong Kong 16.28 compare
  4. 34 China 15.29 compare
  5. 35 Brazil 15.25 compare
  6. 36 Hungary 15.11 compare

See the full ranking of 66 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is share of people who report having intentions to start business in Iceland?
Share of people who report having intentions to start business in Iceland was 15.71 in 2010, 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 Iceland?
The highest recorded value was 15.89 in 2005.
What is the lowest share of people who report having intentions to start business recorded in Iceland?
The lowest recorded value was 11.88 in 2008.
How does Iceland rank for share of people who report having intentions to start business?
Iceland ranks 33rd out of 66 countries with data for 2010.
Is share of people who report having intentions to start business rising or falling in Iceland?
Over the last ten years it is up 16.7%. The long-run trend across the full record is rising.
Where does this Iceland 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 Iceland. 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/iceland/

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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.