Estimating the Number of Firms in Africa

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Tác giả: Marcio Cruz

Ngôn ngữ: eng

Ký hiệu phân loại: 385.52 *Narrow-gage railroads

Thông tin xuất bản: Washington, DC: World Bank, 2025

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 324917

This paper estimates the number of firms in Africa, considering their size and formal status. It relies on a novel methodology that combines multiple data sources. The results suggest that in 2020, there were 12.7 million firms with more than one worker, and more than 230 million own-account businesses, where the proprietor constituted the sole employee. Informality is prevalent among own-account, micro, and small businesses. The density of medium and large firms relative to the population remains low across African countries but is positively correlated with per capita income, whereas the prevalence of own-account businesses decreases as income levels rise. The proposed methodology provides valuable insights to researchers and policymakers by enabling an assessment of the potential market size based on firm characteristics in a context of limited information.
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