24Peaks / North America / Canada / Established Business Ownership

Canada - Established Business Ownership 5.81

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

Latest value

5.81 (2024)

Global rank

##28 of 116 economies

Share of global total

1.6%

Growth since 2001

1.49×

Ranking Race — Established Business Ownership

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#61200120062011201620212024#20#282020 overtook Iran, Islamic Rep.2023 overtook Lithuania
CanadaKorea, Rep.Saudi ArabiaGreeceGuatemala

Real annual global ranks, 2001 - 2024. Canada climbed from #20 to #28 (overtook Iran, Islamic Rep.). Gaps in a lane = missing data that year.

Key events for Canada ↓

Key Events — Canada

Auto-detected from rank data + curated milestones

2006
Fell 16 places in global rank auto
2009
Global crisis recession curated

Trade collapse hits the open economy.

2015
Oil price shock curated

Crude collapse hurts energy-heavy provinces.

2016
Fell 16 places in global rank auto
2020
Overtook Iran, Islamic Rep. in global rank auto
2020
COVID-19 recession curated

Sharpest contraction in decades despite fiscal support.

2023
Overtook Lithuania in global rank auto

Established Business Ownership, 2001-2024

GEM APS · % of adult population · linear scale · ranking in the race above
200120062016202120243.895.717.539.35

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