Number of female business owners in Azerbaijan
Azerbaijan: Number of female business owners was 2,787 in 2024. ▲ Rising
Number of female business owners in Azerbaijan, 2014–2024
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
Analysis
The most recent figure for number of female business owners in Azerbaijan is 2,787, measured in 2024.
That represents a change of up 3.5% on the previous year and up 185.8% over ten years.
Over the whole period, number of female business owners in Azerbaijan peaked at 2,965 in 2022 and was at its lowest, 911, in 2015.
That places Azerbaijan 34th out of 72 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Number of female business owners in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 975 | — |
| 2015 | 911 | -6.6% |
| 2016 | 1,110 | +21.8% |
| 2017 | 1,793 | +61.5% |
| 2018 | 1,845 | +2.9% |
| 2019 | 2,260 | +22.5% |
| 2020 | 1,373 | -39.2% |
| 2021 | 2,323 | +69.2% |
| 2022 | 2,965 | +27.6% |
| 2023 | 2,694 | -9.1% |
| 2024 | 2,787 | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,482 | 911 | 2,260 | 6 |
| 2020s | 2,428 | 1,373 | 2,965 | 5 |
Countries ranked near Azerbaijan
More private sector data for Azerbaijan
- Merchandise trade 65.1% (2025)
- Food imports 12.4% (2025)
- Manufactures imports 53.0% (2025)
- Merchandise imports 24.38 billion current US$ (2025)
- Food exports 5.2% (2025)
- Manufactures exports 5.3% (2025)
- Merchandise exports 25.04 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,444 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3298 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -5.69 % change on previous year (2025)
Frequently asked questions
- What is number of female business owners in Azerbaijan?
- Number of female business owners in Azerbaijan was 2,787 in 2024, according to World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
- What is the highest number of female business owners recorded in Azerbaijan?
- The highest recorded value was 2,965 in 2022.
- What is the lowest number of female business owners recorded in Azerbaijan?
- The lowest recorded value was 911 in 2015.
- How does Azerbaijan rank for number of female business owners?
- Azerbaijan ranks 34th out of 72 countries with data for 2024.
- Is number of female business owners rising or falling in Azerbaijan?
- Over the last ten years it is up 185.8%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026, published as part of Number of female business owners. Statizoid updates them automatically from the source API.
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About this data
Number of female business owners is the number of female individuals that own at least one share of a limited liability company that was newly registered in the calendar year.