Number of female business owners in Malaysia

Malaysia: Number of female business owners was 31,050 in 2024. ▬ Flat

Latest (2024)
31,050
Change on year
up 1.2%
World rank
8th
of 72 countries
All-time high
32,040
in 2014
All-time low
28,361
in 2020
Years of data
11
2014–2024

Number of female business owners in Malaysia, 2014–2024

010.0k20.0k30.0k2014201920242014: 32.0k2015: 31.2k2016: 30.3k2017: 30.0k2018: 28.9k2019: 31.4k2020: 28.4k2021: 29.1k2022: 28.8k2023: 30.7k2024: 31.1k

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 Malaysia is 31,050, measured in 2024.

The figure is up 1.2% on the previous year and down 3.1% over ten years.

Over the whole period, number of female business owners in Malaysia peaked at 32,040 in 2014 and was at its lowest, 28,361, in 2020.

That places Malaysia 8th out of 72 countries with data for 2024, putting it in the top 10%.

Number of female business owners in Malaysia, year by year

Annual values for Number of female business owners in Malaysia, 2014 to 2024.
Year Value Change
2014 32,040
2015 31,232 -2.5%
2016 30,276 -3.1%
2017 29,995 -0.9%
2018 28,919 -3.6%
2019 31,433 +8.7%
2020 28,361 -9.8%
2021 29,086 +2.6%
2022 28,827 -0.9%
2023 30,679 +6.4%
2024 31,050 +1.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 30,649 28,919 32,040 6
2020s 29,601 28,361 31,050 5

Countries ranked near Malaysia

  1. 5 Romania 40,230 compare
  2. 6 Viet Nam 39,757 compare
  3. 7 Republic of Korea 34,479 compare
  4. 9 Türkiye 26,650 compare
  5. 10 United Arab Emirates 16,921 compare
  6. 11 Morocco 16,578 compare

See the full ranking of 72 places →

More private sector data for Malaysia

All data for Malaysia →

Frequently asked questions

What is number of female business owners in Malaysia?
Number of female business owners in Malaysia was 31,050 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 Malaysia?
The highest recorded value was 32,040 in 2014.
What is the lowest number of female business owners recorded in Malaysia?
The lowest recorded value was 28,361 in 2020.
How does Malaysia rank for number of female business owners?
Malaysia ranks 8th out of 72 countries with data for 2024.
Is number of female business owners rising or falling in Malaysia?
Over the last ten years it is down 3.1%. The long-run trend across the full record is flat.
Where does this Malaysia 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 Malaysia. 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/malaysia/

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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.