Asian American Pacific Islander Ownership 2024 In 2020, Asian American Pacific Islander business owners owned over three million businesses in the U.S. Asian, Native Hawaiian, and Pacific Islander-owned businesses employed over five million workers and generated nearly a trillion dollars in sales. Total Firms 3,032,516 Total Sales $958.8 billion No. of Employer Firms 621,016 Employer Total Sales $849.9 billion No. of Employees 5,258,740 Annual Payroll $190.1 billion No. of Nonemployer Firms 2,411,500 Nonemployer Total Sales $108.9 billion Source: U.S. Census Bureau, Annual Business Survey and Nonemployer Statistics by Demographics. https://www.census.gov/data/tables/2020/econ/nes-d/2020-business.html://data.census.gov/table?q=ab1900*&tid=ABSNESD2019.AB1900NESD01.
Infographics

Facts About Small Business: Asian American Pacific Islander Ownership Statistics 2024

By Office of Advocacy

Advocacy has released its newest infographic spotlighting Asian American and Pacific Islander-owned businesses. Asian-American and Pacific Islanders own over 3 million firms, employing 5.2 million people. Advocacy’s infographics use the most recent Census Bureau data to show the contributions of Asian American and Pacific Islander-owned businesses to the U.S. economy.

Asian American Pacific Islander Ownership 2024 In 2020, Asian American Pacific Islander business owners owned over three million businesses in the U.S. Asian, Native Hawaiian, and Pacific Islander-owned businesses employed over five million workers and generated nearly a trillion dollars in sales. Total Firms 3,032,516 Total Sales $958.8 billion No. of Employer Firms 621,016 Employer Total Sales $849.9 billion No. of Employees 5,258,740 Annual Payroll $190.1 billion No. of Nonemployer Firms 2,411,500 Nonemployer Total Sales $108.9 billion Source: U.S. Census Bureau, Annual Business Survey and Nonemployer Statistics by Demographics. https://www.census.gov/data/tables/2020/econ/nes-d/2020-business.html://data.census.gov/table?q=ab1900*&tid=ABSNESD2019.AB1900NESD01.
Asian American Pacific Islander Ownership 2024 infographic
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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government.

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