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Table 3 Reasons for self-employment

From: Transitions between informal and formal employment: results from a worker survey in Bangladesh

Reason

%

Because I was unable to find other work

17.9

Because I wanted independence / be my own boss

45.9

Because I wanted to have flexible working hours

4.5

Because I wanted higher income

12.2

Because I wanted to be close to home

3.2

Because parents, relatives or friends have their own business

6.4

Because I wanted to grow professionally

1.8

Because I wanted to have job security

0.3

Because family members wanted me to work in the business

3.7

Other

4.3

Total

100.0

  1. Note: Reported reasons for self-employment among self-employed individuals
  2. Sampling weights are applied