Facts About Small Business: Veteran Ownership Statistics 2024

Advocacy has released its newest infographic spotlighting veteran-owned businesses in the United States. Veterans were the majority owners of over 1.6 million firms, which employ nearly 3.3 million workers. According to the latest official data, veterans represent 5.5% of business owners in the U.S.

Tap the play button on the video below to view the series. The only sound in this video is background music.

Download an electronic copy of the Veteran Ownership Statistics Series, 2024 (PDF, 251 KB)

Source Links

Nonemployer Statistics by Demographics (Census) https://www.census.gov/programs-surveys/abs/data/nesd.html. Totals include only majority veteran-owned firms.

Federal Reserve Banks, Small Business Credit Survey. 2024 Firms in Focus: Chartbook Veteran-owned Firms