Number of female business owners in Mongolia
Mongolia: Number of female business owners was 9,749 in 2024. ▲ Rising
Number of female business owners in Mongolia, 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 Mongolia stood at 9,749. That is the highest value across all 11 years on record.
The figure is up 13.7% on the previous year and up 84.7% over ten years.
Over the whole period, number of female business owners in Mongolia peaked at 9,749 in 2024 and was at its lowest, 4,625, in 2016.
Mongolia ranks 17th of 72 countries on this measure, 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 Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 5,277 | — |
| 2015 | 4,885 | -7.4% |
| 2016 | 4,625 | -5.3% |
| 2017 | 5,732 | +23.9% |
| 2018 | 5,534 | -3.5% |
| 2019 | 6,552 | +18.4% |
| 2020 | 5,632 | -14.0% |
| 2021 | 6,943 | +23.3% |
| 2022 | 8,663 | +24.8% |
| 2023 | 8,572 | -1.1% |
| 2024 | 9,749 | +13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5,434 | 4,625 | 6,552 | 6 |
| 2020s | 7,912 | 5,632 | 9,749 | 5 |
Countries ranked near Mongolia
More private sector data for Mongolia
- Merchandise trade 106.7% (2025)
- Food imports 11.0% (2023)
- Manufactures imports 65.3% (2023)
- Merchandise imports 11.31 billion current US$ (2025)
- Food exports 3.3% (2023)
- Manufactures exports 1.7% (2023)
- Merchandise exports 15.76 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,416 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6213 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.1394 % change on previous year (2025)
Frequently asked questions
- What is number of female business owners in Mongolia?
- Number of female business owners in Mongolia was 9,749 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 Mongolia?
- The highest recorded value was 9,749 in 2024.
- What is the lowest number of female business owners recorded in Mongolia?
- The lowest recorded value was 4,625 in 2016.
- How does Mongolia rank for number of female business owners?
- Mongolia ranks 17th out of 72 countries with data for 2024.
- Is number of female business owners rising or falling in Mongolia?
- Over the last ten years it is up 84.7%. The long-run trend across the full record is rising.
- Where does this Mongolia 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.