Number of female business owners in Republic of Korea

Republic of Korea: Number of female business owners was 34,479 in 2023. ▲ Rising

Latest (2023)
34,479
Change on year
down 13.3%
World rank
7th
of 72 countries
All-time high
39,782
in 2022
All-time low
19,726
in 2014
Years of data
5
2014–2023

Number of female business owners in Republic of Korea, 2014–2023

010.0k20.0k30.0k40.0k2014201820232014: 19.7k2015: 22.2k2016: 23.1k2022: 39.8k2023: 34.5k

Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.

Analysis

Republic of Korea recorded 34,479 for number of female business owners in 2023.

That represents a change of down 13.3% on the previous year and up 74.8% over ten years.

Over the whole period, number of female business owners in Republic of Korea peaked at 39,782 in 2022 and was at its lowest, 19,726, in 2014.

Republic of Korea ranks 7th of 72 countries on this measure, in the top 10%.

Number of female business owners in Republic of Korea, year by year

Annual values for Number of female business owners in Republic of Korea, 2014 to 2023.
Year Value Change
2014 19,726
2015 22,229 +12.7%
2016 23,070 +3.8%
2022 39,782 +72.4%
2023 34,479 -13.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 21,675 19,726 23,070 3
2020s 37,130 34,479 39,782 2

Countries ranked near Republic of Korea

  1. 4 Italy 51,379 compare
  2. 5 Romania 40,230 compare
  3. 6 Viet Nam 39,757 compare
  4. 8 Malaysia 31,050 compare
  5. 9 Türkiye 26,650 compare
  6. 10 United Arab Emirates 16,921 compare

See the full ranking of 72 places →

More private sector data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is number of female business owners in Republic of Korea?
Number of female business owners in Republic of Korea was 34,479 in 2023, 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 Republic of Korea?
The highest recorded value was 39,782 in 2022.
What is the lowest number of female business owners recorded in Republic of Korea?
The lowest recorded value was 19,726 in 2014.
How does Republic of Korea rank for number of female business owners?
Republic of Korea ranks 7th out of 72 countries with data for 2023.
Is number of female business owners rising or falling in Republic of Korea?
Over the last ten years it is up 74.8%. The long-run trend across the full record is rising.
Where does this Republic of Korea 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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Number of female business owners in Republic of Korea. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 31 August 2026, from https://private-sector.statizoid.com/stat/number-of-female-business-owners/korea-rep/

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About this data

Indicator
Number of female business owners
Source
World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 632 data points, 2014–2024
Last refreshed

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.