Number of female business owners in Ecuador
Ecuador: Number of female business owners was 10,542 in 2024. ▲ Rising
Number of female business owners in Ecuador, 2014–2024
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
Analysis
In 2024, number of female business owners in Ecuador stood at 10,542.
Compared with earlier readings it is down 6.9% on the previous year and up 130.5% over ten years.
Over the whole period, number of female business owners in Ecuador peaked at 11,325 in 2023 and was at its lowest, 4,573, in 2014.
That places Ecuador 16th out of 72 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Number of female business owners in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 4,573 | — |
| 2015 | 6,967 | +52.4% |
| 2016 | 6,275 | -9.9% |
| 2017 | 6,677 | +6.4% |
| 2018 | 7,036 | +5.4% |
| 2019 | 9,483 | +34.8% |
| 2020 | 7,338 | -22.6% |
| 2021 | 9,944 | +35.5% |
| 2022 | 10,975 | +10.4% |
| 2023 | 11,325 | +3.2% |
| 2024 | 10,542 | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6,835 | 4,573 | 9,483 | 6 |
| 2020s | 10,025 | 7,338 | 11,325 | 5 |
Countries ranked near Ecuador
- 13 Uzbekistan 13,961 compare
- 14 Zambia 13,522 compare
- 15 Rwanda 12,141 compare
- 17 Mongolia 9,749 compare
- 18 Saudi Arabia 8,414 compare
- 19 Côte d'Ivoire 8,264 compare
More private sector data for Ecuador
- Merchandise trade 53.6% (2025)
- Food imports 12.2% (2024)
- Manufactures imports 59.2% (2024)
- Merchandise imports 32.65 billion current US$ (2025)
- Food exports 53.7% (2024)
- Manufactures exports 4.9% (2024)
- Merchandise exports 37.15 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,031 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2851 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.93 % change on previous year (2025)
Frequently asked questions
- What is number of female business owners in Ecuador?
- Number of female business owners in Ecuador was 10,542 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 Ecuador?
- The highest recorded value was 11,325 in 2023.
- What is the lowest number of female business owners recorded in Ecuador?
- The lowest recorded value was 4,573 in 2014.
- How does Ecuador rank for number of female business owners?
- Ecuador ranks 16th out of 72 countries with data for 2024.
- Is number of female business owners rising or falling in Ecuador?
- Over the last ten years it is up 130.5%. The long-run trend across the full record is rising.
- Where does this Ecuador 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.