Germany is Europe’s largest economy mainly characterized by small and medium-sized enterprises. The most important economic sector is the services sector, where about 11% of workers are self-employed.
Although more than 85% of self-employed people in part-time and half of self-employed in full business do not have any employees (2012) (Piorkowsky et al., 2013), the unemployment rate amounts to 5.2% (Data from year 2013, Federal Statistical Office 2014).
In recent years, the total number of self-employed has been increasing, and especially the number of part-time self-employed increased in the last years. However, among all self-employed, there are more entrepreneurs in full business (3,475 Mill in 2012) than in part-time (around 1,6 Mill) (Piorkowsky et al, 2013).
In 2012, around 25% of the self-employed persons in full-business were women (Piorkowsky et al., 2013). Women, more than man, work as part-time self-employed in parallel to an unpaid work (in 2012, 63,1 % of women) (Piorkowsky et al., 2013).
Entrepreneurship is not age-specific: new businesses are set by all ages, with a particular potential for entrepreneurship especially in women and migrants.