Number of female business owners in Namibia

Namibia: Number of female business owners was 5,863 in 2024. ▲ Rising

Latest (2024)
5,863
Change on year
up 4.4%
World rank
25th
of 72 countries
All-time high
7,989
in 2018
All-time low
3,294
in 2014
Years of data
11
2014–2024

Number of female business owners in Namibia, 2014–2024

02.0k4.0k6.0k8.0k2014201920242014: 3.3k2015: 4.0k2016: 4.3k2017: 3.6k2018: 8.0k2019: 4.5k2020: 4.1k2021: 5.6k2022: 5.4k2023: 5.6k2024: 5.9k

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 Namibia stood at 5,863.

That represents a change of up 4.4% on the previous year and up 78.0% over ten years.

Over the whole period, number of female business owners in Namibia peaked at 7,989 in 2018 and was at its lowest, 3,294, in 2014.

That places Namibia 25th out of 72 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Number of female business owners in Namibia, year by year

Annual values for Number of female business owners in Namibia, 2014 to 2024.
Year Value Change
2014 3,294
2015 3,992 +21.2%
2016 4,336 +8.6%
2017 3,583 -17.4%
2018 7,989 +123.0%
2019 4,512 -43.5%
2020 4,124 -8.6%
2021 5,577 +35.2%
2022 5,368 -3.7%
2023 5,615 +4.6%
2024 5,863 +4.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4,618 3,294 7,989 6
2020s 5,309 4,124 5,863 5

Countries ranked near Namibia

  1. 22 Slovakia 6,447 compare
  2. 23 Norway 6,413 compare
  3. 24 Georgia 5,864 compare
  4. 26 Egypt 5,739 compare
  5. 27 Denmark 5,699 compare
  6. 28 Greece 5,579 compare

See the full ranking of 72 places →

More private sector data for Namibia

All data for Namibia →

Frequently asked questions

What is number of female business owners in Namibia?
Number of female business owners in Namibia was 5,863 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 Namibia?
The highest recorded value was 7,989 in 2018.
What is the lowest number of female business owners recorded in Namibia?
The lowest recorded value was 3,294 in 2014.
How does Namibia rank for number of female business owners?
Namibia ranks 25th out of 72 countries with data for 2024.
Is number of female business owners rising or falling in Namibia?
Over the last ten years it is up 78.0%. The long-run trend across the full record is rising.
Where does this Namibia 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 Namibia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 26 August 2026, from https://private-sector.statizoid.com/stat/number-of-female-business-owners/namibia/

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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.