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24Peaks / Asia / India / Established Business Ownership

India - Established Business Ownership 6.04

GEM APS · updated 2026-10-03 · 116 economies tracked

Latest value

6.04 (2024)

Global rank

##25 of 116 economies

Share of global total

1.7%

Growth since 2001

0.69×

Ranking Race — Established Business Ownership

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#61200120062011201620212024#4#252022 overtook Cyprus2023 overtook Tunisia
IndiaKorea, Rep.Saudi ArabiaGreeceGuatemala

Real annual global ranks, 2001 - 2024. India climbed from #4 to #25 (overtook Cyprus). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

2008
Climbed 22 places in global rank auto
2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2014
Fell 44 places in global rank auto
2015
Climbed 21 places in global rank auto
2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2017
Climbed 16 places in global rank auto
2020
Fell 18 places in global rank auto
2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

Established Business Ownership, 2001-2024

GEM APS · % of adult population · linear scale · ranking in the race above
200120062016202120243.737.9912.2416.5

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