Number of female business owners in Nigeria
Nigeria: Number of female business owners was 179,513 in 2020. ▲ Rising
Number of female business owners in Nigeria, 2015–2020
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.
Analysis
In 2020, number of female business owners in Nigeria stood at 179,513.
That represents a change of down 2.0% on the previous year and up 24.4% over ten years.
That places Nigeria 1st out of 72 countries with data for 2020, putting it in the top 10%.
Number of female business owners in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 144,300 | — |
| 2016 | 162,372 | +12.5% |
| 2017 | 170,520 | +5.0% |
| 2018 | 178,937 | +4.9% |
| 2019 | 183,226 | +2.4% |
| 2020 | 179,513 | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 167,871 | 144,300 | 183,226 | 5 |
| 2020s | 179,513 | 179,513 | 179,513 | 1 |
Countries ranked near Nigeria
More private sector data for Nigeria
- Merchandise trade 33.3% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 46.0% (2024)
- Merchandise imports 41.45 billion current US$ (2025)
- Food exports 6.0% (2024)
- Manufactures exports 3.5% (2024)
- Merchandise exports 55.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 233.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1907 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is number of female business owners in Nigeria?
- Number of female business owners in Nigeria was 179,513 in 2020, 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 Nigeria?
- The highest recorded value was 183,226 in 2019.
- What is the lowest number of female business owners recorded in Nigeria?
- The lowest recorded value was 144,300 in 2015.
- How does Nigeria rank for number of female business owners?
- Nigeria ranks 1st out of 72 countries with data for 2020.
- Is number of female business owners rising or falling in Nigeria?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is rising.
- Where does this Nigeria 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.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.