Rate of business discontinuance in Latin America and the Caribbean, by country 2018

This statistic shows the prevalence rates of business discontinuation in Latin American and Caribbean countries in 2018, by country. According to data from the Global Entrepreneurship Monitor, the rate of business discontinuation is the percentage of individuals who have discontinued a business in the last 12 months. In 2018, the business discontinuation rate in Uruguay was 6.6 percent.

Rate of business discontinuance in Latin America and the Caribbean in 2018, by country

Business discontinuation rate
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Source

Release date

January 2019

Region

Central and South America

Survey time period

2018

Number of respondents

about 2,000 per country

Age group

18-64 years

Special properties

data is composed of the Adult Population Survey and the National Expert Survey

Method of interview

Questionnaire

Supplementary notes

Business discontinuance tends to decline as economic development level increases. The rate shown here is comprised of individuals who have discontinued a business in the last 12 months.

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