One of the cool things about most small business owners is that they come from all different demographics and backgrounds.

About 1.5 million jobs are created in the US every year by small businesses alone. This means that 64% of all job creation comes from small businesses.

The following small business statistics broken down by industry to help you understand the small business landscape better.

According to a new study, women started 49% of new businesses in the United States in 2021. This is way up from 28% in 2019.

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

The below table shows a complete breakdown of employer businesses owned by minorities.

27% of the entire small business workforce had to be laid off or furloughed in 2020 due to the COVID-19 pandemic.

There are more than 31 million entrepreneurs in the US alone.

Entrepreneurs seem to be getting younger and younger.

2 out of 3 business owners said their first year in business was the most difficult. 80% of small businesses are still in operation after 1 year.

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Currently, there are over 8 million minority-owned small businesses in the United States.

About 20% of entrepreneurs own or manage a business with their family members.

Here are some small business statistics on how they are generally financed.

In the US there are more male entrepreneurs than female entrepreneurs. For every 10 male entrepreneurs, there are just 7 female entrepreneurs.

Globally there are 252 million women owned businesses and entrepreneurs today. As of 2019, there were 13 million women-owned businesses in the US alone. And over 5.5 million of those 13 million businesses are owned by women from minority groups.

Get a full picture of today's entrepreneurial landscape with this list of entrepreneurial statistics updated and revised for 2025.

There are more than 582 million entrepreneurs globally.

Here are the 3 reasons most small businesses and entrepreneurs fail.

How do you measure entrepreneurship in different countries? Through the Global Entrepreneurship Index (GEI). The GEI is an index that measures the overall health of entrepreneurship ecosystems in 137 countries.