Number of female business owners in Montenegro
Montenegro: Number of female business owners was 1,993 in 2024. ◆ Volatile
Number of female business owners in Montenegro, 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 Montenegro stood at 1,993.
That represents a change of down 20.9% on the previous year and up 40.7% over ten years.
Over the whole period, number of female business owners in Montenegro peaked at 2,794 in 2022 and was at its lowest, 285, in 2017.
Montenegro ranks 40th of 72 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Number of female business owners in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 1,416 | — |
| 2015 | 344 | -75.7% |
| 2016 | 294 | -14.5% |
| 2017 | 285 | -3.1% |
| 2018 | 334 | +17.2% |
| 2019 | 331 | -0.9% |
| 2020 | 295 | -10.9% |
| 2021 | 866 | +193.6% |
| 2022 | 2,794 | +222.6% |
| 2023 | 2,521 | -9.8% |
| 2024 | 1,993 | -20.9% |
Montenegro compared with similar countries
- Montenegro's 1,993 is below the median for upper middle income countries, which is 2,317, 86% of the median. (23 countries reporting)
- Montenegro's 1,993 is below the median for Europe & Central Asia, which is 5,579, 36% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 500.67 | 285 | 1,416 | 6 |
| 2020s | 1,694 | 295 | 2,794 | 5 |
Countries ranked near Montenegro
More private sector data for Montenegro
- Merchandise trade 61.8% (2025)
- Food imports 23.6% (2025)
- Manufactures imports 63.8% (2025)
- Merchandise imports 5.06 billion current US$ (2025)
- Commercial service imports 1.21 billion current US$ (2025)
- Food exports 18.6% (2025)
- Manufactures exports 36.9% (2025)
- Merchandise exports 646.00 million current US$ (2025)
- Commercial service exports 3.07 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,037 current US$ per person (2025)
Frequently asked questions
- What is number of female business owners in Montenegro?
- Number of female business owners in Montenegro was 1,993 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 Montenegro?
- The highest recorded value was 2,794 in 2022.
- What is the lowest number of female business owners recorded in Montenegro?
- The lowest recorded value was 285 in 2017.
- How does Montenegro rank for number of female business owners?
- Montenegro ranks 40th out of 72 countries with data for 2024.
- Is number of female business owners rising or falling in Montenegro?
- Over the last ten years it is up 40.7%. The long-run trend across the full record is volatile.
- Where does this Montenegro 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.