The Best (And Worst) Countries For Women Entrepreneurs, 2019

Ryan Miller, PhDData & StrategyNovember 20, 2019

Perhaps unsurprisingly, the United States has been named the best country for women entrepreneurs, according to Mastercard’s Index of Women Entrepreneurs 2019. If you’re a female entrepreneur, the United States is the place to be.

Rounding out the top of the list were New Zealand, Canada, Israel, Ireland, Taiwan, Switzerland, Singapore, the United Kingdom, and Poland.

At the bottom were Egypt, Bangladesh, Algeria, Saudi Arabia, Iran, and Tunisia.

European and North American countries dominate the top 10, with just four outside these regions: New Zealand (No. 2), Israel (No. 4), Taiwan (No. 6), and Singapore (No. 8).

Rank	Country	Score	2018
1	United States	70.3	2
2	New Zealand	70.2	1
3	Canada	69	4
4	Israel	68.4	5
5	Ireland	67.7	12
6	Taiwan	66.2	15
7	Switzerland	65.8	8
8	Singapore	65.6	3
9	United Kingdom	65.6	13
10	Poland	65.1	9
11	Philippines	65.1	11
12	France	64.8	34
13	Australia	64.7	7
14	Thailand	64.6	19
15	Hong Kong	64.6	18
16	Spain	64.5	14
17	Denmark	64.3	20
18	Portugal	64.2	17
19	Vietnam	63.4	16
20	Colombia	63.3	10
21	Malaysia	62.7	24
22	Ghana	62.3	27
23	Indonesia	62.1	36
24	Chile	62.1	25
25	Sweden	62	6
26	Costa Rica	61.9	37
27	Belgium	61.9	23
28	Botswana	61.6	21
29	Germany	60.9	22
30	China	60.7	29
31	Uruguay	60.4	28
32	Brazil	59.6	30
33	Russia	59.5	39
34	Argentina	59.5	32
35	South Africa	59.2	26
36	South Korea	59	40
37	Hungary	58.9	38
38	Peru	58.3	33
39	Romania	58.3	35
40	Ecuador	57.6	41
41	Mexico	57.4	31
42	Uganda	56.3	43
43	Czech Republic	56	42
44	Nigeria	55	44
45	Italy	53.2	46
46	Japan	53	45
47	United Arab Emirates	51.9	48
48	Malawi	50.5	50
49	Angola	50.4	49
50	Ethiopia	50.2	46
51	Turkey	49.2	51
52	India	46.5	52
53	Tunisia	43	54
54	Iran	42.3	53
55	Saudi Arabia	42	55
56	Algeria	39	56
57	Bangladesh	35.9	57
58	Egypt	35.7	58

Top 10 best countries for women entrepreneurs, 2019

Top 10 worst countries for women entrepreneurs, 2019

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Ryan Miller, PhD

Dr. Ryan Miller, PhD in Global Media & Publishing, is an Executive Editor for Business and Finance at CEOWORLD Magazine, with a focus on public relations strategy, global financial intelligence, and corporate storytelling. Originally from New York City and educated in the U.K., Ryan brings over 14 years of experience in financial journalism, media strategy, and executive communications.

Before joining CEOWORLD, he worked as a senior editor for a pan-European business news network and later as a communications consultant for international development banks and private equity firms. At CEOWORLD, Ryan leads a team of contributors and analysts producing content that blends market insights with reputation strategy—ideal for CEOs, investors, and brand stewards.

He holds a degree in Business Communication and an MSc in Global Finance. Ryan frequently lectures on financial media ethics and corporate social responsibility at conferences and academic institutions. His editorial work explores how financial performance and public narrative interact in shaping long-term brand equity. Through his role, Ryan champions diversity in financial reporting and is committed to making high-level business intelligence both accessible and actionable for global decision-makers.

Email Ryan Miller at ryan@ceoworld.biz

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