GITNUX MARKETDATA REPORT 2024

Women Business Owner Statistics [Fresh Research]

Statistic 1

"As of 2019, there are 12.9 million women-owned businesses in the U.S."

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Statistic 2

"Women-owned businesses generate $1.8 trillion a year."

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Statistic 3

"African American women own more than 2.4 million businesses in the U.S."

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Statistic 4

"62% of women entrepreneurs cite their business as their primary source of income."

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Statistic 5

"90% of women-owned businesses have no other employees other than the owner."

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Statistic 6

"31% of all small business or franchise owners are women."

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Statistic 7

"Only 2% of women-owned businesses earn more than $1 million."

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Statistic 8

"In 2002, there were 6.5 million women-owned businesses in the U.S that generated $940.8 billion in revenue."

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Statistic 9

"Women entrepreneurs in the U.S rank their happiness at nearly three times that of women who are not entrepreneurs or established business owners."

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Statistic 10

"Women start companies at 1.5 times the average rate in the financial industry."

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Statistic 11

"Among the female entrepreneurs who were surveyed, 84% were optimistic about the performance of their businesses over the next 12 months."

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