Research shows that there are 42 million entrepreneurs in Brazil

According to a survey conducted by Sebrae and Anegepe (National Association for Research in Entrepreneurship and Small Business Management), there are at least 42 million entrepreneurs in Brazil. The study found that this scenario could more than double in the next 3 years due to the number of people intending to start a new business during this period.

The country is among the top ten with the largest number of registered companies. When the number is proportional to the population, Brazil ranks 8th in the list of countries with the highest number of entrepreneurs. The podium together with Ecuador, Guatemala and Saudi Arabia.

In terms of potential entrepreneurs (42 million), Brazil is second only to India (106 million).

Sebrae’s president, Décio Lima, said the increase in numbers should improve the Brazilian economy.

“This is an important new reality for Brazil. Entrepreneurs who start a purposeful business are more skilled and last longer.”these.

A study found that 77% of Brazilian entrepreneurs are motivated by the desire to “want to change the world.” In 2022, the country had a different scenario: entrepreneurship at the expense of a “job deficit.”

In the group of entrepreneurs, women are a minority. They make up 40.2% of the total number.

Read the most common profile of Brazilian entrepreneurs

• Men (59.8%);
• Up to 44 years (75%);
• Complete primary and secondary education (69%);
• They receive up to 6 minimum wages (80%).