Chile is the OECD country with the highest percentage of the population participating in new projects

In the recently published report “Missing Entrepreneurs 2021,” the Organization for Economic Co-operation and Development (OECD) provides a comprehensive radiography of how entrepreneurship is operating both in its member countries and in countries belonging to the European Union, with Chile featuring in the percentage of people ranging from They are between 16 and 64 years old. Year old embarking on new adventures at work.

As documented, between 2016 and 2020, the rate of emerging entrepreneurship across the country’s population was 20.3% among men and 16.8% among women, the highest figures in the report, in each case (Check graph).

Only Colombia has been able to provide double-digit numbers, in both female and male entrepreneurs, while Estonia, Latvia, the United States, Turkey, Canada and Slovakia also do in men. Meanwhile, there is Spain, with 2.4% in the case of men, and Italy, with 1.3% in the case of women.

The result is also great for the country when it comes to the rate of new business ownership. As a percentage of the population aged 16-64, the figure in Chile is 11.2% among men, again the highest number on the list. On the other hand, in the case of women, the percentage reached 7.8%, only Colombia surpassed it by 8.8%.

However, the report focused on the difficulties faced by certain groups of the population, and highlighted the problems they face in both Chile and the rest of the countries.

The Covid-19 pandemic has been devastating for entrepreneurs and business owners. This applies even more to entrepreneurs from disadvantaged and underrepresented groups, such as women, immigrants, youth and the elderly,” the report noted.

In this context, not only does Chile provide favorable data. One of the elements that the multilateral organization sees is related to the rate of self-employment, in relation to the world of personnel, and the gap that exists between men and women on this issue, which has been reduced in 30 countries, while in six have you noticed increases.

The latter group includes Chile, with a 1.9 percentage point increase in the above-mentioned gap between men and women, which is only surpassed by Poland, Croatia and Lithuania, which recorded an increase of more than two points.

Meanwhile, among those who managed to trim it down, the country with the most solid progress was Ireland, which fell by 5.8 percentage points. Cyprus also stands out with a decrease of 5 points followed by Israel, Romania, Italy, Hungary, Slovenia, Turkey and France, with a decrease of more than 2 points (see infographic).

In this area, the OECD highlights that “small businesses and the self-employed have faced many challenges during the COVID-19 pandemic, including reduced demand for their goods and services and the need to adjust business operations in response to temporary operational restrictions and social distancing measures.” .

Because of the above, “most of them faced significant reductions in working hours and income. However, evidence suggests that women, migrants, youth and senior entrepreneurs faced greater challenges due to their concentration in the hardest-hit sectors that had less access to resources,” the document adds.