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Home BUSINESS33% of entrepreneurs are women
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Mon, 14 Dec, 2015 12:10:13 AM
FTimes Report, Dec 14
 
Employed persons by occupational status in 1987 to 2014*. Source: Employment Statistics, Statistics Finland.
The share of women among entrepreneurs in the entire country was 33 per cent in 2014, according to preliminary data of Statistics Finland’s Employment Statistics.
 
At least 27 per cent of entrepreneurs that included farmers were aged over 54 and only two per cent under 25.  
 
The number of employed persons was slightly under 2.3 million. Of them, 243,000 or 10.7 per cent of all employed had the occupational status of entrepreneur as per the statistics for 2014.
 
Between 1987 and 2014, the share of entrepreneurs among the employed was at its lowest in 2008 when it was 10.1 per cent.
 
By 2014, the share grew to 10.7 per cent. Even though the overall number of entrepreneurs decreased by over 2,000 persons from 2013 the share of entrepreneurs among the employed increased slightly.
 
The increase in the share of entrepreneurs is explained by the fact that the number of wage and salary earners relative to entrepreneurs decreased more. There were almost 32,000 fewer wage and salary earners than in 2013.
 
Entrepreneur men and women by age group in 2014*. Source: Employment Statistics, Statistics Finland.
The share of entrepreneurs among the employed was at its highest during the recession years of the early 1990s when the number of wage and salary earners decreased significantly.
 
In 1993, nearly 16 per cent of the employed were entrepreneurs. After 1994, the share of entrepreneurs among the employed declined evenly until 2008, according to the data.
 
The number of entrepreneurs since 2008 is partially affected by the definition of entrepreneur becoming wider.
 
Of employed men, 14.5 per cent were entrepreneurs while the share for women was 7.1 per cent.
 
The share of entrepreneur men of the employed has grown evenly over the past years. No change has occurred in the share of entrepreneur women during the review period.
 
Examined by age, most entrepreneurs were found in the age group 55 to 64 of whom nearly 15 per cent were entrepreneurs.
 
In all age groups, there were more entrepreneur men than women.
 
Among both men and women most entrepreneurs were found in the age groups 45 to 54 and 55 to 64.
 
The share of entrepreneur men was around 20 per cent in both age groups and the corresponding share of entrepreneur women nine per cent.
 
The share of entrepreneur men among the employed was double or even higher compared to entrepreneur women, apart from the youngest age group of 18 to 24.
 
The share of entrepreneurs in the youngest age group was under three per cent of the employed.
 
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