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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