Key Highlights
- Women make up approximately 40% of the global entrepreneurial workforce
- Female entrepreneurs are 1.7 times more likely to start their business in pursuit of social impact
- Women-owned businesses account for nearly 30% of all small and medium-sized enterprises globally
- The rate of female entrepreneurship has increased by 10% over the past five years
- Women entrepreneurs are more likely to operate in the service sector compared to men
- Approximately 35% of women entrepreneurs worldwide have accessed formal financial services
- Women entrepreneurs are 25% more likely to develop ventures in sustainability and eco-friendly products
- The average age of women entrepreneurs is 40 years, indicating a trend toward mature entrepreneurial activity
- Gender gap in entrepreneurship persists, with male entrepreneurs being 1.5 times more likely to secure funding
- Women entrepreneurs are 3 times more likely to reinvest their profits into their communities
- Women-led startups are 2 times more likely to focus on social and environmental issues
- In developing countries, women entrepreneurs make up 45% of all small businesses
- Women entrepreneurs are more likely to start businesses in rural areas, comprising over 50% of rural startups in some regions
Women entrepreneurs are breaking barriers and redefining the global business landscape, with women now representing nearly 40% of the entrepreneurial workforce and spearheading innovative, socially impactful ventures across every sector from health to technology.
Economic Participation and Leadership
- The presence of women entrepreneurs in formal economies increases GDP by approximately 4%, according to OECD estimates
Economic Participation and Leadership Interpretation
Economy and Community Development
- Women entrepreneurs are 3 times more likely to reinvest their profits into their communities
Economy and Community Development Interpretation
Entrepreneurship and Business Performance
- Women make up approximately 40% of the global entrepreneurial workforce
- Women-owned businesses account for nearly 30% of all small and medium-sized enterprises globally
- Women entrepreneurs are 25% more likely to develop ventures in sustainability and eco-friendly products
- The average age of women entrepreneurs is 40 years, indicating a trend toward mature entrepreneurial activity
- Access to mentorship increases women entrepreneurs' success rate by 70%
- The total global revenue generated by women-led small and medium enterprises exceeds $5 trillion
- Women entrepreneurs in technology sectors have seen a 15% growth rate annually
- Women entrepreneurs tend to hire more women, with 40% of their workforce being female on average
- In the United States, women own approximately 12 million businesses, representing nearly 40% of all businesses
- Women entrepreneurs in the Middle East and North Africa region are responsible for 30% of small enterprise development
- The percentage of women entrepreneurs who attend formal business training is 55%, which correlates with higher success rates
- Nearly 60% of women entrepreneurs in emerging markets operate micro or small businesses, indicating a focus on small-scale entrepreneurship
- Women entrepreneurs are more likely to start businesses in health and wellness sectors, with a growth rate of 12% annually
- Women-led ventures tend to have a higher percentage of repatriated profits, often reinvesting in local communities, with 65% doing so
- Female entrepreneurs utilizing co-working spaces increase their networking prospects and business growth by up to 50%
- 60% of women entrepreneurs who participate in training programs report increased confidence and business skills
- Women-led enterprises grow 35% faster when they receive targeted funding and support programs
- The share of women entrepreneurs accessing online marketplaces increased by 20% over three years, boosting sales channels
- Women entrepreneurs’ participation in global trade has increased by 12% in the last decade, indicating expanding international market engagement
- Women entrepreneurs are twice as likely to leverage family and community networks for business growth
- Digital literacy programs tailored for women entrepreneurs increase business success rates by 30%
- The number of women entrepreneurs aged 50 and above has increased by 25% over the past decade, indicating active later-life entrepreneurship
- The percentage of women entrepreneurs involved in franchising is up by 15%, reflecting interest in proven business models
- Women entrepreneurs’ use of e-commerce platforms increased by 40% in 2022, expanding their global reach
Entrepreneurship and Business Performance Interpretation
Gender Gaps and Disparities
- Female entrepreneurs are 1.7 times more likely to start their business in pursuit of social impact
- The rate of female entrepreneurship has increased by 10% over the past five years
- Women entrepreneurs are more likely to operate in the service sector compared to men
- Approximately 35% of women entrepreneurs worldwide have accessed formal financial services
- Gender gap in entrepreneurship persists, with male entrepreneurs being 1.5 times more likely to secure funding
- Women-led startups are 2 times more likely to focus on social and environmental issues
- In developing countries, women entrepreneurs make up 45% of all small businesses
- Women entrepreneurs report a 60% higher satisfaction rate with their work-life balance compared to men
- Approximately 23% of start-ups founded by women receive venture capital funding, compared to 77% for men
- The percentage of women participating in STEM entrepreneurship is increasing at an annual rate of 4%
- The rate of female entrepreneurship is highest in Latin America and the Caribbean, reaching up to 35% of small business owners
- The average startup in which women are involved registers a 20% higher rate of social impact implementation
- Women entrepreneurs report experience barriers such as lack of access to capital (48%), and limited networking opportunities (35%)
- Women entrepreneurs experience a 15% higher rate of business acceleration through mentorship programs compared to their male counterparts
- Women entrepreneurs are 1.3 times more likely to start environmentally sustainable businesses
- Female entrepreneurs’ revenue growth rate outpaces male entrepreneurs by 10% on average
- Women-led startups are more likely to exit through acquisition than through IPO, with a 60% higher likelihood
- 28% of women entrepreneurs report facing cultural barriers when starting businesses in certain regions, primarily in conservative societies
- Women entrepreneurs are 2.5 times more likely to participate in social entrepreneurship programs than men
Gender Gaps and Disparities Interpretation
Geographical and Sectoral Variations
- Women entrepreneurs are more likely to start businesses in rural areas, comprising over 50% of rural startups in some regions
- Female entrepreneurs are more likely to focus on local markets than global markets, with 65% prioritizing local consumer needs
Geographical and Sectoral Variations Interpretation
Technology, Innovation, and Digital Engagement
- Women entrepreneurs have higher propensity to use social media for business marketing, with 80% active on at least one platform
- Over 45% of women entrepreneurs in Africa have accessed digital financial services, showing increasing digital adoption
- In terms of innovation, women entrepreneurs are 1.4 times more likely to develop products aimed at underserved markets
Technology, Innovation, and Digital Engagement Interpretation
Sources & References
- Reference 1OECDResearch Publication(2024)Visit source
- Reference 2WORLDBANKResearch Publication(2024)Visit source
- Reference 3UISResearch Publication(2024)Visit source
- Reference 4FINANCINGFORGOODResearch Publication(2024)Visit source
- Reference 5UNResearch Publication(2024)Visit source
- Reference 6KAUFFMANResearch Publication(2024)Visit source
- Reference 7STATISTAResearch Publication(2024)Visit source
- Reference 8UNWOMENResearch Publication(2024)Visit source
- Reference 9SHEEOResearch Publication(2024)Visit source
- Reference 10ODIResearch Publication(2024)Visit source
- Reference 11FORBESResearch Publication(2024)Visit source
- Reference 12HBRResearch Publication(2024)Visit source
- Reference 13GOLDMANSACHSResearch Publication(2024)Visit source
- Reference 14PITCHBOOKResearch Publication(2024)Visit source
- Reference 15STEMWOMENResearch Publication(2024)Visit source
- Reference 16TECHCRUNCHResearch Publication(2024)Visit source
- Reference 17SOCIALMEDIAEXPLORERResearch Publication(2024)Visit source
- Reference 18PUBLICATIONSResearch Publication(2024)Visit source
- Reference 19ECResearch Publication(2024)Visit source
- Reference 20USResearch Publication(2024)Visit source
- Reference 21AFDBResearch Publication(2024)Visit source
- Reference 22HEALTHAFFAIRSResearch Publication(2024)Visit source
- Reference 23COWORKINGRESOURCESResearch Publication(2024)Visit source
- Reference 24SBAResearch Publication(2024)Visit source
- Reference 25PARTERNSHIPResearch Publication(2024)Visit source
- Reference 26ENTREPRENEURResearch Publication(2024)Visit source
- Reference 27UNCTADResearch Publication(2024)Visit source
- Reference 28WTOResearch Publication(2024)Visit source
- Reference 29SENIORENTREPRENEURSResearch Publication(2024)Visit source
- Reference 30FRANCHISINGResearch Publication(2024)Visit source
- Reference 31ECOMMERCEBYTESResearch Publication(2024)Visit source