Countries With The Most Women Business Owners As A Percentage Of Total Business Owners, 2018 | CEOWORLD magazine

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

Alexandra Dimitropoulou

Deputy executive editor at the ​CEOWORLD magazine. Writer, internet person, professional restaurant recommender, and native New Yorker. Passions: health & wellness, coffee, running & dogs.

Latest posts by Alexandra Dimitropoulou

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