Countries With The Most Women Business Owners As A Percentage Of Total Business Owners, 2018
Australia has come fifth in a list of countries with the most women business owners as a percentage of total business owners.
Ghana is at the top of the list, with 46.4% of businesses owned by women. Following Ghana is Russia with 34.6%, Uganda with 33.8%, New Zealand with 33%, and then Australia with 32.1%.
Only about a quarter of America’s Entrepreneurs are Women:
Out of the 57 countries studied, the United States placed 23rd, with only 25.5 percent of business owners being female.
To create a list, the CEOWORLD magazine reviewed the data from Mastercard’s Index of Women Entrepreneurs to find out which countries are leading the way when it comes to women-owned businesses. The findings show that while the U.S. has the right conditions for female-owned businesses to thrive, women in America’s motivation to start and run a business is low as compared to the countries with high index score.
Countries With The Most Women Business Owners As A Percentage Of Total Business Owners:
| Rank | Country | Women Business Owners (As A Percentage Of Total Business Owners) |
|---|---|---|
| 1 | Ghana | 46.4 |
| 2 | Russia | 34.6 |
| 3 | Uganda | 33.8 |
| 4 | New Zealand | 33 |
| 5 | Australia | 32.1 |
| 6 | Vietnam | 31.3 |
| 7 | Poland | 30.3 |
| 8 | Spain | 29.4 |
| 9 | Romania | 28.9 |
| 10 | Portugal | 28.7 |
| 11 | Peru | 28.3 |
| 12 | Hungary | 28.1 |
| 13 | Argentina | 27.7 |
| 14 | Singapore | 27.5 |
| 15 | Brazil | 27.2 |
| 16 | Canada | 27 |
| 17 | Uruguay | 26 |
| 18 | Bangladesh | 25.9 |
| 19 | Italy | 25.7 |
| 20 | Colombia | 25.7 |
| 21 | Switzerland | 25.5 |
| 22 | Belgium | 25.5 |
| 23 | United States | 25.5 |
| 24 | Germany | 25.3 |
| 25 | Thailand | 25.2 |
| 26 | Chile | 25.1 |
| 27 | United Kingdom | 25 |
| 28 | France | 24.6 |
| 29 | Botswana | 24.5 |
| 30 | Korea | 24.1 |
| 31 | Philippines | 23.9 |
| 32 | Czech Republic | 23.6 |
| 33 | China | 23.1 |
| 34 | Denmark | 23 |
| 35 | Hong Kong SAR | 22 |
| 36 | Ecuador | 21.9 |
| 37 | Sweden | 21.8 |
| 38 | Costa Rica | 21.6 |
| 39 | Taiwan | 20.6 |
| 40 | Ireland | 20.1 |
| 41 | Mexico | 19.3 |
| 42 | South Africa | 18.8 |
| 43 | Nigeria | 17.8 |
| 44 | Israel | 17.5 |
| 45 | Japan | 16.8 |
| 46 | Malaysia | 16.7 |
| 47 | Indonesia | 15.8 |
| 48 | India | 11 |
| 49 | Tunisia | 9.9 |
| 50 | Ethiopia | 9.5 |
| 51 | Turkey | 8.5 |
| 52 | Malawi | 8 |
| 53 | Algeria | 7.9 |
| 54 | Islamic Republic of Iran | 6.1 |
| 55 | Egypt | 3.3 |
| 56 | United Arab Emirates | 2.8 |
| 57 | Saudi Arabia | 1.4 |
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