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

Jamaica: Share of people who report having intentions to start business was 37.9 in 2016. ▲ Rising

Latest (2016)
37.9
Change on year
up 7.3%
World rank
12th
of 66 countries
All-time high
39.51
in 2013
All-time low
16.97
in 2008
Years of data
9
2005–2016

Share of people who report having intentions to start business in Jamaica, 2005–2016

0102030402005201020162005: 24.92006: 37.12008: 172009: 28.62010: 38.12011: 19.42013: 39.52014: 35.32016: 37.9

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

Analysis

The most recent figure for share of people who report having intentions to start business in Jamaica is 37.9, measured in 2016.

Compared with earlier readings it is up 7.3% on the previous year and up 2.0% over ten years.

Over the whole period, share of people who report having intentions to start business in Jamaica peaked at 39.51 in 2013 and was at its lowest, 16.97, in 2008.

That places Jamaica 12th out of 66 countries with data for 2016, putting it in the top quarter.

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

Annual values for Share of people who report having intentions to start business in Jamaica, 2005 to 2016.
Year Value Change
2005 24.92
2006 37.14 +49.0%
2008 16.97 -54.3%
2009 28.63 +68.7%
2010 38.12 +33.1%
2011 19.45 -49.0%
2013 39.51 +103.1%
2014 35.33 -10.6%
2016 37.9 +7.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 26.91 16.97 37.14 4
2010s 34.06 19.45 39.51 5

Countries ranked near Jamaica

  1. 9 Peru 43.21 compare
  2. 10 Angola 39.34 compare
  3. 11 Iran 38.76 compare
  4. 13 Thailand 37.36 compare
  5. 14 Trinidad and Tobago 33.91 compare
  6. 15 Türkiye 30.28 compare

See the full ranking of 66 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is share of people who report having intentions to start business in Jamaica?
Share of people who report having intentions to start business in Jamaica was 37.9 in 2016, 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 Jamaica?
The highest recorded value was 39.51 in 2013.
What is the lowest share of people who report having intentions to start business recorded in Jamaica?
The lowest recorded value was 16.97 in 2008.
How does Jamaica rank for share of people who report having intentions to start business?
Jamaica ranks 12th out of 66 countries with data for 2016.
Is share of people who report having intentions to start business rising or falling in Jamaica?
Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
Where does this Jamaica 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 Jamaica. Statizoid, drawing on Global Entrepreneurship Monitor (2018) – processed by Our World in Data. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/share-of-people-who-report-having-intentions-to-start-business/jamaica/

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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.