Small Business Facts: Hispanic Ownership Statistics 2024

Advocacy has released its newest infographic spotlighting Hispanic-owned businesses in the U.S.  Hispanics are the majority business owners of over 5 million firms, which employ nearly 3 million workers. According to the latest official data, Hispanic business owners represented 14.5% of business owners in 2022, a 13% increase from 2021. 

Advocacy’s infographics use the most recent Census Bureau data to show the contributions of Hispanic-owned businesses to the U.S. economy.

Download Hispanic Heritage Month Ownership Statistics 2024 Series (PDF, 167 KB)