We’ve created a map looking at which countries are the most entrepreneurial. Turns out Uganda takes top spot by almost double, with an entrepreneurship rate of 28%, while Suriname comes in last with a rate of 0.2%.
Entrepreneurship is defined as the percentage of an adult population who own (or co-own) a new business and has paid salaries or wages for at least 3 months.
What’s interesting is that developing nations breed far more entrepreneurs than the west. When unemployment is high and the economy is weaker, people are forced to start small businesses to provide for themselves and their families.
Of developed nations, Australia ranks the highest at position 26. Perhaps the sunny weather and outdoor lifestyle creates a good environment to launch a business.