Number of female sole proprietors in Madagascar

Madagascar: Number of female sole proprietors was 17,084 in 2024. ▲ Rising

Latest (2024)
17,084
Change on year
down 23.8%
World rank
24th
of 78 countries
All-time high
25,352
in 2022
All-time low
11,544
in 2018
Years of data
11
2014–2024

Number of female sole proprietors in Madagascar, 2014–2024

010.0k20.0k30.0k2014201920242014: 15.0k2015: 11.7k2016: 15.8k2017: 13.0k2018: 11.5k2019: 18.9k2020: 23.7k2021: 20.6k2022: 25.4k2023: 22.4k2024: 17.1k

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 sole proprietors in Madagascar is 17,084, measured in 2024.

That represents a change of down 23.8% on the previous year and up 13.9% over ten years.

Over the whole period, number of female sole proprietors in Madagascar peaked at 25,352 in 2022 and was at its lowest, 11,544, in 2018.

Madagascar ranks 24th of 78 countries on this measure, in the middle of the range.

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

Number of female sole proprietors in Madagascar, year by year

Annual values for Number of female sole proprietors in Madagascar, 2014 to 2024.
Year Value Change
2014 15,001
2015 11,666 -22.2%
2016 15,789 +35.3%
2017 12,968 -17.9%
2018 11,544 -11.0%
2019 18,863 +63.4%
2020 23,708 +25.7%
2021 20,584 -13.2%
2022 25,352 +23.2%
2023 22,416 -11.6%
2024 17,084 -23.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 14,305 11,544 18,863 6
2020s 21,829 17,084 25,352 5

Countries ranked near Madagascar

  1. 21 Slovakia 20,546 compare
  2. 22 Benin 18,449 compare
  3. 23 Georgia 17,945 compare
  4. 25 Uruguay 16,446 compare
  5. 26 Serbia 15,967 compare
  6. 27 Tajikistan 15,779 compare

See the full ranking of 78 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is number of female sole proprietors in Madagascar?
Number of female sole proprietors in Madagascar was 17,084 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 sole proprietors recorded in Madagascar?
The highest recorded value was 25,352 in 2022.
What is the lowest number of female sole proprietors recorded in Madagascar?
The lowest recorded value was 11,544 in 2018.
How does Madagascar rank for number of female sole proprietors?
Madagascar ranks 24th out of 78 countries with data for 2024.
Is number of female sole proprietors rising or falling in Madagascar?
Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
Where does this Madagascar 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 Madagascar. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 25 August 2026, from https://private-sector.statizoid.com/stat/number-of-female-sole-proprietors/madagascar/

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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.