Self-employed, total (% of total employment) (modeled ILO estimate)

This indicator reflects the proportion of the workforce engaged in self-employment, characterized by individuals operating independently or in small partnerships and cooperatives. Self-employed workers derive their income directly from the profits of the products and services they offer, making their economic success inherently tied to market demand. This category encompasses various roles, including employers who hire others, own-account workers who run their own businesses, members of cooperatives who collaborate in production, and family contributors who help in family-owned enterprises without financial compensation. Analyzing this indicator provides insights into economic resilience, entrepreneurial activity, and the informal economy, revealing vital dynamics in labor market trends and shifts in self-sufficiency among diverse populations. Source: