Number of female business owners in Zambia

Zambia: Number of female business owners was 13,522 in 2024. ▲ Rising

Latest (2024)
13,522
Change on year
up 7.5%
World rank
14th
of 72 countries
All-time high
13,522
in 2024
All-time low
4,300
in 2016
Years of data
11
2014–2024

Number of female business owners in Zambia, 2014–2024

4.0k6.0k8.0k10.0k12.0k14.0k2014201920242014: 4.8k2015: 4.9k2016: 4.3k2017: 4.4k2018: 4.9k2019: 5.4k2020: 7.0k2021: 9.3k2022: 11.4k2023: 12.6k2024: 13.5k

Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026.

Analysis

The most recent figure for number of female business owners in Zambia is 13,522, measured in 2024. That is the highest value across all 11 years on record.

The figure is up 7.5% on the previous year and up 180.0% over ten years.

Over the whole period, number of female business owners in Zambia peaked at 13,522 in 2024 and was at its lowest, 4,300, in 2016.

That places Zambia 14th out of 72 countries with data for 2024, putting it 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 Zambia, year by year

Annual values for Number of female business owners in Zambia, 2014 to 2024.
Year Value Change
2014 4,830
2015 4,887 +1.2%
2016 4,300 -12.0%
2017 4,375 +1.7%
2018 4,916 +12.4%
2019 5,382 +9.5%
2020 6,990 +29.9%
2021 9,330 +33.5%
2022 11,446 +22.7%
2023 12,576 +9.9%
2024 13,522 +7.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4,782 4,300 5,382 6
2020s 10,773 6,990 13,522 5

Countries ranked near Zambia

  1. 11 Morocco 16,578 compare
  2. 12 Germany 15,913 compare
  3. 13 Uzbekistan 13,961 compare
  4. 15 Rwanda 12,141 compare
  5. 16 Ecuador 10,542 compare
  6. 17 Mongolia 9,749 compare

See the full ranking of 72 places →

More private sector data for Zambia

All data for Zambia →

Frequently asked questions

What is number of female business owners in Zambia?
Number of female business owners in Zambia was 13,522 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 Zambia?
The highest recorded value was 13,522 in 2024.
What is the lowest number of female business owners recorded in Zambia?
The lowest recorded value was 4,300 in 2016.
How does Zambia rank for number of female business owners?
Zambia ranks 14th out of 72 countries with data for 2024.
Is number of female business owners rising or falling in Zambia?
Over the last ten years it is up 180.0%. The long-run trend across the full record is rising.
Where does this Zambia 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 Zambia. 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/zambia/

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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.