Firms where largest owner is also the top manager (% of firms)
Trade & ExternalWB WDIwb_wdi:IC.FRM.LOTM.ZS•Percentage•2009 → 2025•163 countries
Series quick facts
High-level context for this country series.
Trade & ExternalWB WDI
Coverage
163
Frequency
—
Range
2009 \u2192 2025
Latest
2025
Firms where largest owner is also the top manager (% of firms) by country
Latest available value per country (as of 2025)
Low \u2192 High
Unit: %
≤ 63.83%
63.83% – 72.1%
72.1% – 75.68%
75.68% – 80.43%
80.43% – 83.26%
83.26% – 88.27%
> 88.27%
No data
Generated by MacroVedia.comSource: World Bank (WB WDI)
Highest 15 countries
Firms where largest owner is also the top manager (% of firms)
163 countries with data
Generated by MacroVedia.comSource: World Bank (WB WDI)
Distribution across countries
Firms where largest owner is also the top manager (% of firms)
Countries
163
Median
77.5%
Mean
76.4%
25th pctl
71%
75th pctl
83.9%
Generated by MacroVedia.comSource: World Bank (WB WDI)
Compare trends
Firms where largest owner is also the top manager (% of firms)
RwandaBelgiumSierra Leone
Generated by MacroVedia.comSource: World Bank (WB WDI)
| Country | Latest | Date | Trend |
|---|---|---|---|
| PanamaPAN | 96.86% | 2025 | — |
| Lao PDRLAO | 96.29% | 2024 | — |
| CambodiaKHM | 94.73% | 2023 | — |
| IsraelISR | 94.47% | 2024 | — |
| Sierra LeoneSLE | 93.3% | 2023 | |
| KiribatiKIR | 93.08% | 2025 | — |
| Viet NamVNM | 92.62% | 2023 | — |
| BoliviaBOL | 91.85% | 2025 | — |
| IndonesiaIDN | 91.6% | 2023 | — |
| AfghanistanAFG | 90.54% | 2025 | — |
| SurinameSUR | 90.5% | 2025 | |
| Timor-LesteTLS | 90.41% | 2021 | — |
| TurkiyeTUR | 90.18% | 2024 | — |
| Trinidad and TobagoTTO | 89.97% | 2025 | — |
| PolandPOL | 89.94% | 2025 | — |
| BangladeshBGD | 89.71% | 2022 | — |
| MoroccoMAR | 89.42% | 2023 | — |
| UgandaUGA | 89.35% | 2025 | — |
| RwandaRWA | 89.23% | 2023 | |
| Korea, Rep.KOR | 89.15% | 2024 | — |
| Dominican RepublicDOM | 88.94% | 2025 | — |
| Cabo VerdeCPV | 88.79% | 2024 | |
| SeychellesSYC | 88.57% | 2023 | — |
| West Bank and GazaPSE | 88.39% | 2023 | — |
| JamaicaJAM | 87.59% | 2024 | — |
| AlbaniaALB | 86.94% | 2025 | — |
| North MacedoniaMKD | 86.7% | 2023 | — |
| UruguayURY | 86.37% | 2024 | — |
| CyprusCYP | 86.31% | 2024 | — |
| BrazilBRA | 86.19% | 2025 | — |
| IrelandIRL | 86.19% | 2024 | |
| BhutanBTN | 86.16% | 2024 | — |
| ChinaCHN | 85.83% | 2024 | — |
| BelizeBLZ | 85.3% | 2025 | — |
| RomaniaROU | 85.23% | 2023 | — |
| MadagascarMDG | 85.03% | 2022 | |
| SingaporeSGP | 84.89% | 2023 | — |
| MauritiusMUS | 84.21% | 2023 | |
| ChileCHL | 84.01% | 2025 | — |
| Brunei DarussalamBRN | 83.95% | 2025 | — |
| TunisiaTUN | 83.92% | 2024 | — |
| SerbiaSRB | 83.91% | 2024 | — |
| St. Vincent and the GrenadinesVCT | 83.87% | 2025 | — |
| Slovak RepublicSVK | 83.79% | 2023 | — |
| FranceFRA | 83.65% | 2025 | |
| MaldivesMDV | 83.29% | 2025 | — |
| Hong Kong SAR, ChinaHKG | 83.26% | 2023 | — |
| Antigua and BarbudaATG | 83.25% | 2025 | — |
| GhanaGHA | 83.23% | 2023 | — |
| KenyaKEN | 83.21% | 2025 | — |
| HungaryHUN | 83.2% | 2023 | — |
| Sri LankaLKA | 83.01% | 2025 | — |
| New ZealandNZL | 82.85% | 2023 | — |
| St. LuciaLCA | 82.78% | 2025 | — |
| Egypt, Arab Rep.EGY | 82.7% | 2025 | — |
| MongoliaMNG | 82.61% | 2025 | — |
| MaliMLI | 82.41% | 2024 | |
| FijiFJI | 82.32% | 2025 | — |
| TurkmenistanTKM | 82.16% | 2024 | — |
| EcuadorECU | 82.03% | 2024 | — |
| MalawiMWI | 81.7% | 2025 | |
| BelgiumBEL | 81.58% | 2025 | |
| JapanJPN | 81.56% | 2025 | — |
| IraqIRQ | 81.39% | 2022 | — |
| KosovoXKX | 81.36% | 2025 | — |
| EthiopiaETH | 81.25% | 2025 | |
| Sao Tome and PrincipeSTP | 81.21% | 2025 | — |
| VanuatuVUT | 80.94% | 2023 | — |
| SamoaWSM | 80.91% | 2023 | — |
| TogoTGO | 80.55% | 2023 | |
| NepalNPL | 80.26% | 2023 | — |
| ThailandTHA | 80.25% | 2025 | — |
| UzbekistanUZB | 79.75% | 2024 | — |
| GabonGAB | 79.38% | 2009 | — |
| Somalia, Fed. Rep.SOM | 79.12% | 2025 | — |
| Solomon IslandsSLB | 78.95% | 2025 | — |
| Gambia, TheGMB | 78.49% | 2023 | — |
| MozambiqueMOZ | 78.12% | 2025 | — |
| ChadTCD | 78.11% | 2023 | |
| SwitzerlandCHE | 78.06% | 2025 | — |
| LithuaniaLTU | 77.95% | 2025 | — |
| Kyrgyz RepublicKGZ | 77.51% | 2023 | — |
| GrenadaGRD | 77.25% | 2025 | — |
| BulgariaBGR | 77.21% | 2023 | — |
| MalaysiaMYS | 77.1% | 2024 | |
| AustraliaAUS | 76.95% | 2025 | — |
| PeruPER | 76.72% | 2023 | — |
| GreeceGRC | 76.62% | 2023 | — |
| GermanyDEU | 76.62% | 2025 | |
| ComorosCOM | 76.23% | 2025 | — |
| MoldovaMDA | 76.1% | 2024 | — |
| AzerbaijanAZE | 75.98% | 2024 | — |
| LesothoLSO | 75.72% | 2023 | |
| PhilippinesPHL | 75.65% | 2023 | — |
| AngolaAGO | 75.38% | 2024 | |
| BotswanaBWA | 75.23% | 2023 | |
| Guinea-BissauGNB | 75.19% | 2025 | — |
| South AfricaZAF | 75.05% | 2020 | — |
| CzechiaCZE | 74.77% | 2025 | |
| EstoniaEST | 74.69% | 2023 | — |
| LuxembourgLUX | 74.37% | 2020 | — |
| ColombiaCOL | 74.36% | 2023 | — |
| JordanJOR | 74.32% | 2024 | — |
| BeninBEN | 74.26% | 2024 | |
| GuatemalaGTM | 74.26% | 2025 | — |
| LiberiaLBR | 74.17% | 2025 | |
| Congo, Dem. Rep.COD | 73.79% | 2024 | |
| Burkina FasoBFA | 73.6% | 2024 | |
| MaltaMLT | 73.57% | 2024 | — |
| CameroonCMR | 73.36% | 2024 | |
| Congo, Rep.COG | 73.07% | 2024 | |
| NamibiaNAM | 72.87% | 2024 | — |
| Cote d'IvoireCIV | 72.63% | 2023 | |
| PortugalPRT | 72.38% | 2023 | — |
| GeorgiaGEO | 72.33% | 2023 | — |
| United StatesUSA | 72.3% | 2024 | — |
| ZambiaZMB | 72.02% | 2025 | |
| ParaguayPRY | 71.92% | 2023 | — |
| CanadaCAN | 71.68% | 2024 | — |
| FinlandFIN | 71.66% | 2025 | |
| SpainESP | 71.45% | 2024 | — |
| AustriaAUT | 71.08% | 2025 | |
| SwedenSWE | 71% | 2024 | |
| CroatiaHRV | 70.91% | 2023 | — |
| NetherlandsNLD | 70.63% | 2025 | |
| United KingdomGBR | 70.57% | 2024 | — |
| DenmarkDNK | 70.45% | 2025 | |
| BarbadosBRB | 70.38% | 2023 | — |
| MauritaniaMRT | 70.23% | 2025 | — |
| LatviaLVA | 70.13% | 2024 | — |
| Equatorial GuineaGNQ | 69.2% | 2024 | — |
| SloveniaSVN | 68.72% | 2024 | — |
| Papua New GuineaPNG | 68.26% | 2024 | — |
| NigerNER | 67.53% | 2025 | |
| El SalvadorSLV | 67.48% | 2023 | — |
| KazakhstanKAZ | 67.34% | 2024 | — |
| Bosnia and HerzegovinaBIH | 66.38% | 2023 | — |
| ArmeniaARM | 64.89% | 2024 | — |
| TajikistanTJK | 64% | 2024 | — |
| DjiboutiDJI | 63.8% | 2025 | — |
| PakistanPAK | 63.61% | 2022 | — |
| MontenegroMNE | 63.47% | 2023 | — |
| ItalyITA | 63.17% | 2024 | — |
| TongaTON | 62.74% | 2024 | — |
| IndiaIND | 61.88% | 2025 | |
| BahrainBHR | 61.85% | 2024 | — |
| IcelandISL | 61.69% | 2024 | — |
| Costa RicaCRI | 61.51% | 2023 | — |
| Central African RepublicCAF | 61.24% | 2023 | |
| EritreaERI | 60.4% | 2009 | — |
| NigeriaNGA | 60.12% | 2025 | — |
| EswatiniSWZ | 59.87% | 2024 | — |
| Saudi ArabiaSAU | 59.82% | 2025 | |
| MexicoMEX | 58.8% | 2023 | — |
| BurundiBDI | 57.14% | 2025 | — |
| SenegalSEN | 57.11% | 2024 | — |
| South SudanSSD | 55.72% | 2024 | — |
| TanzaniaTZA | 53.57% | 2023 | — |
| NorwayNOR | 52.54% | 2025 | — |
| GuineaGIN | 43.51% | 2025 | — |
| KuwaitKWT | 31.68% | 2025 | — |
| QatarQAT | 31.48% | 2025 | — |
| ZimbabweZWE | 31.42% | 2025 | — |
Source: World Bank (WB WDI)