Number of female business owners in Thailand

Thailand: Number of female business owners was 89,087 in 2024. ▲ Rising

Latest (2024)
89,087
Change on year
down 44.0%
World rank
2nd
of 72 countries
All-time high
159,117
in 2023
All-time low
67,341
in 2020
Years of data
11
2014–2024

Number of female business owners in Thailand, 2014–2024

050.0k100.0k150.0k2014201920242014: 76.9k2015: 75.4k2016: 76.1k2017: 86.5k2018: 80.2k2019: 77.7k2020: 67.3k2021: 94.7k2022: 80.1k2023: 159.1k2024: 89.1k

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 Thailand stood at 89,087.

That represents a change of down 44.0% on the previous year and up 15.9% over ten years.

Over the whole period, number of female business owners in Thailand peaked at 159,117 in 2023 and was at its lowest, 67,341, in 2020.

That places Thailand 2nd out of 72 countries with data for 2024, putting it in the top 10%.

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

Number of female business owners in Thailand, year by year

Annual values for Number of female business owners in Thailand, 2014 to 2024.
Year Value Change
2014 76,891
2015 75,403 -1.9%
2016 76,069 +0.9%
2017 86,505 +13.7%
2018 80,205 -7.3%
2019 77,673 -3.2%
2020 67,341 -13.3%
2021 94,749 +40.7%
2022 80,138 -15.4%
2023 159,117 +98.6%
2024 89,087 -44.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 78,791 75,403 86,505 6
2020s 98,086 67,341 159,117 5

Countries ranked near Thailand

  1. 1 Nigeria 179,513 compare
  2. 3 Chile 65,161 compare
  3. 4 Italy 51,379 compare
  4. 5 Romania 40,230 compare

See the full ranking of 72 places →

More private sector data for Thailand

All data for Thailand →

Frequently asked questions

What is number of female business owners in Thailand?
Number of female business owners in Thailand was 89,087 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 Thailand?
The highest recorded value was 159,117 in 2023.
What is the lowest number of female business owners recorded in Thailand?
The lowest recorded value was 67,341 in 2020.
How does Thailand rank for number of female business owners?
Thailand ranks 2nd out of 72 countries with data for 2024.
Is number of female business owners rising or falling in Thailand?
Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
Where does this Thailand 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 Thailand. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 01 September 2026, from https://private-sector.statizoid.com/stat/number-of-female-business-owners/thailand/

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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.