Number of female sole proprietors in Iceland

Iceland: Number of female sole proprietors was 1,481 in 2023. ▲ Rising

Latest (2023)
1,481
Change on year
down 1.9%
World rank
55th
of 78 countries
All-time high
1,650
in 2021
All-time low
1,299
in 2014
Years of data
10
2014–2023

Number of female sole proprietors in Iceland, 2014–2023

05001.0k1.5k2014201820232014: 1.3k2015: 1.3k2016: 1.3k2017: 1.4k2018: 1.6k2019: 1.5k2020: 1.5k2021: 1.6k2022: 1.5k2023: 1.5k

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

Analysis

In 2023, number of female sole proprietors in Iceland stood at 1,481.

Compared with earlier readings it is down 1.9% on the previous year and up 14.0% over ten years.

Over the whole period, number of female sole proprietors in Iceland peaked at 1,650 in 2021 and was at its lowest, 1,299, in 2014.

Iceland ranks 55th of 78 countries on this measure, in the middle of the range.

Number of female sole proprietors in Iceland, year by year

Annual values for Number of female sole proprietors in Iceland, 2014 to 2023.
Year Value Change
2014 1,299
2015 1,300 +0.1%
2016 1,340 +3.1%
2017 1,432 +6.9%
2018 1,577 +10.1%
2019 1,467 -7.0%
2020 1,467 +0.0%
2021 1,650 +12.5%
2022 1,509 -8.5%
2023 1,481 -1.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1,402 1,299 1,577 6
2020s 1,527 1,467 1,650 4

Countries ranked near Iceland

  1. 52 Burkina Faso 2,669 compare
  2. 53 Azerbaijan 2,368 compare
  3. 54 Greece 1,716 compare
  4. 56 Nepal 1,435 compare
  5. 57 Belize 1,409 compare
  6. 58 Niger 1,377 compare

See the full ranking of 78 places →

More private sector data for Iceland

All data for Iceland →

Frequently asked questions

What is number of female sole proprietors in Iceland?
Number of female sole proprietors in Iceland was 1,481 in 2023, 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 sole proprietors recorded in Iceland?
The highest recorded value was 1,650 in 2021.
What is the lowest number of female sole proprietors recorded in Iceland?
The lowest recorded value was 1,299 in 2014.
How does Iceland rank for number of female sole proprietors?
Iceland ranks 55th out of 78 countries with data for 2023.
Is number of female sole proprietors rising or falling in Iceland?
Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
Where does this Iceland 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 sole proprietors. Statizoid updates them automatically from the source API.

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Number of female sole proprietors in Iceland. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 27 August 2026, from https://private-sector.statizoid.com/stat/number-of-female-sole-proprietors/iceland/

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About this data

Indicator
Number of female sole proprietors
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
78 places, 714 data points, 2014–2024
Last refreshed

Number of female sole proprietors is the number of newly registered sole proprietors owned by female individuals in the calendar year. A sole proprietorship is a business entity owned and managed by a single individual who is indistinguishable from the business and personally liable.