Firms with female participation in ownership

percent of firms, 2004–2020

Country	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Afghanistan					2.80	2.70	2.60	2.50	2.40	2.30	2.20
Albania		12.80	11.80	10.80	11.18	11.57	11.95	12.33	12.72	13.10	14.37	15.63	16.90	18.17	19.43	20.70
Algeria				15.00
Angola			23.40	31.70	40.00	48.30	56.60
Antigua and Barbuda							21.30
Argentina			30.30	32.23	34.15	36.08	38.00	40.83	43.66	46.49	49.31	52.14	54.97	57.80
Armenia		11.50	16.58	21.65	26.73	31.80	29.95	28.10	26.25	24.40	24.83	25.26	25.69	26.11	26.54	26.97	27.40
Azerbaijan		14.60	13.65	12.70	11.75	10.80	9.10	7.40	5.70	4.00	5.88	7.77	9.65	11.53	13.42	15.30
Bahamas							58.30
Bangladesh				16.10	15.53	14.97	14.40	13.83	13.27	12.70
Barbados							43.50
Belarus		18.60	30.03	41.47	52.90	51.56	50.22	48.88	47.54	46.20	46.06	45.92	45.78	45.64	45.50
Belgium																	44.20
Belize							30.40
Benin						45.40	44.16	42.91	41.67	40.43	39.19	37.94	36.70
Bhutan						31.30	33.30	35.30	37.30	39.30	41.30	43.30
Bolivia			41.10	41.15	41.20	41.25	41.30	45.20	49.10	53.00	56.90	60.80	64.70	68.60
Bosnia and Herzegovina		21.60	24.40	27.20	30.00	32.80	30.30	27.80	25.30	22.80	23.15	23.50	23.85	24.20	24.55	24.90
Botswana			40.90	44.50	48.10	51.70	55.30
Brazil						50.20
Bulgaria		28.80	34.00	39.20	36.55	33.90	35.80	37.70	39.60	41.50	41.53	41.57	41.60	41.63	41.67	41.70
Burkina Faso			23.30	21.93	20.57	19.20
Burundi			34.80	35.95	37.10	38.25	39.40	40.55	41.70	42.85	44.00
Cape Verde			42.70	39.50	36.30	33.10
Cambodia													46.20
Cameroon			35.30	28.77	22.23	15.70	19.13	22.56	25.99	29.41	32.84	36.27	39.70
Central African Republic								53.30
Chad						40.10	37.10	34.10	31.10	28.10	25.10	22.10	19.10	16.10	13.10
Chile			27.80	28.25	28.70	29.15	29.60
China									64.20
Colombia			43.00	41.08	39.15	37.23	35.30	39.81	44.33	48.84	53.36	57.87	62.39	66.90
Congo (Kinshasa)			21.20	25.63	30.05	34.48	38.90	30.97	23.03	15.10
Congo (Brazzaville)						31.80
Costa Rica		65.30	60.94	56.58	52.22	47.86	43.50
Ivory Coast						61.90	56.54	51.19	45.83	40.47	35.11	29.76	24.40
Croatia		19.20	26.35	33.50	33.97	34.43	34.90	35.37	35.83	36.30	35.53	34.77	34.00	33.23	32.47	31.70
Cyprus																45.10
Czech Republic		17.80	19.60	21.40	23.20	25.00	26.35	27.70	29.05	30.40	30.32	30.23	30.15	30.07	29.98	29.90
Djibouti										22.30
Dominica							41.00
Dominican Republic							30.00	30.37	30.73	31.10	31.47	31.83	32.20
Ecuador			32.70	30.55	28.40	26.25	24.10	30.71	37.33	43.94	50.56	57.17	63.79	70.40
Egypt				20.90	34.00	30.42	26.84	23.26	19.68	16.10	16.67	17.23	17.80	14.65	11.50	8.35	5.20
El Salvador			39.60	39.75	39.90	40.05	40.20	39.90	39.60	39.30	39.00	38.70	38.40
Eritrea						4.20
Estonia		28.30	30.30	32.30	34.30	36.30	36.80	37.30	37.80	38.30	37.83	37.37	36.90	36.43	35.97	35.50
Swaziland			28.60	29.34	30.08	30.82	31.56	32.30	33.04	33.78	34.52	35.26	36.00
Ethiopia			30.90	31.78	32.66	33.54	34.42	35.30	35.53	35.75	35.98	36.20
Fiji						49.10
Gabon						33.10
Gambia			21.30	20.93	20.55	20.18	19.80	19.43	19.05	18.68	18.30	17.93	17.55	17.18	16.80
Georgia		35.20	37.07	38.93	40.80	39.86	38.92	37.98	37.04	36.10	33.82	31.53	29.25	26.97	24.68	22.40
Germany		20.30
Ghana				44.00	41.93	39.87	37.80	35.73	33.67	31.60
Greece		24.40	26.05	27.71	29.36	31.02	32.67	34.32	35.98	37.63	39.28	40.94	42.59	44.25	45.90
Grenada							57.30
Guatemala			28.40	32.35	36.30	40.25	44.20	42.39	40.57	38.76	36.94	35.13	33.31	31.50
Guinea			25.40	23.76	22.12	20.48	18.84	17.20	15.56	13.92	12.28	10.64	9.00
Guinea Bissau			19.90
Guyana							58.30
Honduras			39.90	40.75	41.60	42.45	43.30	45.20	47.10	49.00	50.90	52.80	54.70
Hungary		36.50	37.98	39.45	40.93	42.40	43.98	45.55	47.13	48.70	49.23	49.77	50.30	50.83	51.37	51.90
India			9.10	9.30	9.50	9.70	9.90	10.10	10.30	10.50	10.70
Indonesia						42.80	39.35	35.90	32.45	29.00	25.55	22.10
Iraq								6.80
Ireland		41.60
Israel										27.30
Italy																24.00
Jamaica							38.20
Jordan			13.10	13.47	13.84	14.21	14.59	14.96	15.33	15.70	16.85	18.00	19.15	20.30	21.45	22.60
Kazakhstan		29.40	30.65	31.90	33.15	34.40	33.20	32.00	30.80	29.60	29.75	29.90	30.05	30.20	30.35	30.50
Kenya				37.10	39.03	40.97	42.90	44.83	46.77	48.70	48.46	48.22	47.98	47.74	47.50
South Korea		19.10
Kosovo						10.90	11.48	12.05	12.63	13.20	12.22	11.23	10.25	9.27	8.28	7.30
Kyrgyzstan		26.30	34.83	43.35	51.88	60.40	58.10	55.80	53.50	51.20	50.17	49.13	48.10	47.07	46.03	45.00
Laos						39.30	40.17	41.03	41.90	42.20	42.50	42.80	43.10	39.80	36.50
Latvia		36.30	38.80	41.30	43.80	46.30	45.13	43.95	42.78	41.60	42.43	43.27	44.10	44.93	45.77	46.60
Lebanon						33.50	36.00	38.50	41.00	43.50	37.90	32.30	26.70	21.10	15.50	9.90
Lesotho						18.40	21.36	24.31	27.27	30.23	33.19	36.14	39.10
Liberia						53.00	51.05	49.10	47.15	45.20	43.25	41.30	39.35	37.40
Lithuania	33.30	26.10	29.25	32.40	35.55	38.70	37.95	37.20	36.45	35.70	36.93	38.17	39.40	40.63	41.87	43.10
Luxembourg																	40.50
Madagascar						50.00	47.90	45.80	43.70	41.60
Malawi						23.90	24.74	25.58	26.42	27.26	28.10
Malaysia				13.10	14.64	16.18	17.71	19.25	20.79	22.33	23.86	25.40
Mali				18.30	31.63	44.97	58.30	51.13	43.97	36.80	29.63	22.47	15.30
Malta																46.00
Mauritania			17.30	17.01	16.73	16.44	16.15	15.86	15.58	15.29	15.00
Mauritius						16.90
Mexico			24.80	25.03	25.25	25.48	25.70
Micronesia						86.80
Moldova		24.50	31.65	38.80	45.95	53.10	53.35	53.60	53.85	54.10	51.73	49.37	47.00	44.63	42.27	39.90
Mongolia						52.00	48.03	44.05	40.08	36.10	37.37	38.63	39.90	41.17	42.43	43.70
Montenegro						26.00	25.90	25.80	25.70	25.60	25.33	25.07	24.80	24.53	24.27	24.00
Morocco				13.10	16.13	19.17	22.20	25.23	28.27	31.30	28.77	26.23	23.70	21.17	18.63	16.10
Mozambique				24.40	24.75	25.11	25.46	25.82	26.17	26.53	26.88	27.24	27.59	27.95	28.30
Burma (Myanmar)											27.30	31.20	35.10
Namibia			33.40	34.35	35.30	36.25	37.20	38.15	39.10	40.05	41.00
Nepal						27.30	25.93	24.55	23.18	21.80
Nicaragua			41.40	46.53	51.65	56.78	61.90	57.55	53.20	48.85	44.50	40.15	35.80
Niger			10.00	12.53	15.07	17.60	17.21	16.83	16.44	16.05	15.66	15.28	14.89	14.50
Nigeria				20.00	19.46	18.91	18.37	17.83	17.29	16.74	16.20
Macedonia (F.Y.R.O.M.)		18.60	23.05	27.50	31.95	36.40	34.23	32.05	29.88	27.70	27.97	28.23	28.50	28.77	29.03	29.30
Pakistan				6.70	7.55	8.40	9.25	10.10	10.95	11.80
Panama			37.10	34.00	30.90	27.80	24.70
Papua New Guinea												46.50
Paraguay			44.80	46.50	48.20	49.90	51.60	53.69	55.77	57.86	59.94	62.03	64.11	66.20
Peru			32.80	31.78	30.75	29.73	28.70	32.69	36.67	40.66	44.64	48.63	52.61	56.60
Philippines						69.40	69.37	69.33	69.30	69.27	69.23	69.20
Poland		30.70	35.00	39.30	43.60	47.90	45.98	44.05	42.13	40.20	39.67	39.13	38.60	38.07	37.53	37.00
Portugal		50.80	49.87	48.94	48.01	47.09	46.16	45.23	44.30	43.37	42.44	41.51	40.59	39.66	38.73	37.80
Romania		26.10	31.55	37.00	42.45	47.90	47.73	47.55	47.38	47.20	44.73	42.27	39.80	37.33	34.87	32.40
Russia		23.90	26.20	28.50	30.80	33.10	31.57	30.03	28.50	29.29	30.07	30.86	31.64	32.43	33.21	34.00
Rwanda			41.00	41.34	41.68	42.02	42.36	42.70	40.68	38.65	36.63	34.60	32.58	30.55	28.53	26.50
Samoa						79.80
Senegal				26.30	25.81	25.33	24.84	24.36	23.87	23.39	22.90
Serbia		23.00	24.45	25.90	27.35	28.80	30.33	31.85	33.38	34.90	33.83	32.77	31.70	30.63	29.57	28.50
Sierra Leone						7.90	9.26	10.63	11.99	13.35	14.71	16.08	17.44	18.80
Slovakia		11.80	16.25	20.70	25.15	29.60	29.63	29.65	29.68	29.70	29.57	29.43	29.30	29.17	29.03	28.90
Slovenia		29.10	32.38	35.65	38.93	42.20	41.28	40.35	39.43	38.50	37.77	37.03	36.30	35.57	34.83	34.10
Solomon Islands												47.40
South Africa				22.60	21.68	20.75	19.83	18.91	17.98	17.06	16.14	15.22	14.29	13.37	12.45	11.52	10.60
South Sudan											21.90
Spain		34.10
Sri Lanka								26.10
Saint Kitts and Nevis							57.80
Saint Lucia							32.10
Saint Vincent and Grenadines							76.00
Sudan											8.20
Suriname							18.30	20.10	21.90	23.70	25.50	27.30	29.10	30.90	32.70
Sweden											52.50
Syria						14.40
Tajikistan		14.40	21.07	27.73	34.40	34.02	33.64	33.26	32.88	32.50	30.87	29.23	27.60	25.97	24.33	22.70
Tanzania			30.90	30.01	29.13	28.24	27.36	26.47	25.59	24.70
Thailand													64.40
Timor Leste						42.90	46.48	50.07	53.65	57.23	60.82	64.40
Togo						31.80	30.87	29.94	29.01	28.09	27.16	26.23	25.30
Tonga						65.30
Trinidad and Tobago							45.10
Tunisia										49.50	48.16	46.81	45.47	44.13	42.79	41.44	40.10
Turkey	9.00	11.40	21.17	30.93	40.70	37.58	34.46	31.34	28.22	25.10	22.80	20.50	18.20	15.90	13.60	11.30
Uganda			34.70	33.54	32.39	31.23	30.07	28.91	27.76	26.60
Ukraine		27.10	33.77	40.43	47.10	44.12	41.14	38.16	35.18	32.20	33.27	34.33	35.40	36.47	37.53	38.60
Uruguay			41.60	36.98	32.35	27.73	23.10	25.09	27.07	29.06	31.04	33.03	35.01	37.00
Uzbekistan		14.50	22.93	31.37	39.80	37.64	35.48	33.32	31.16	29.00	28.48	27.97	27.45	26.93	26.42	25.90
Vanuatu						51.40
Venezuela							30.70
Vietnam						59.20	57.85	56.50	55.15	53.80	52.45	51.10
West Bank and Gaza			18.00	16.96	15.91	14.87	13.83	12.79	11.74	10.70	9.92	9.13	8.35	7.57	6.78	6.00
Yemen							6.40	6.47	6.53	6.60
Zambia				37.20	38.28	39.37	40.45	41.53	42.62	43.70	43.33	42.97	42.60	42.23	41.87	41.50
Zimbabwe								56.20	53.46	50.72	47.98	45.24	42.50

Firms with female participation in ownership are the percentage of firms with a woman among the principal owners.

Source: World Bank

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