News from 2018-07-14 / KfW Research

Migrants’ start-up propensity is now in line with the average

In 2017, migrants were responsible for one in five business start-ups in Germany and the trend is continuing. But as a result of the renewed decline in overall start-up activity, the absolute number of migrant start-ups fell to a new low of 115,000. Migrants are typically more entrepreneurial than the average citizen. In the past years, however, the migrant start-up rate was closer to the average. The latest data of the KfW Start-up Monitor show that the start-up rate among migrants in 2017 was nearly equal to the general start-up rate – an effect of the very tight labour market.

Migrants’ start-up propensity is now in line with the average

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Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.