Number of female sole proprietors in Montenegro

Montenegro: Number of female sole proprietors was 295 in 2024. ◆ Volatile

Latest (2024)
295
Change on year
up 7.3%
World rank
69th
of 78 countries
All-time high
538
in 2014
All-time low
60
in 2020
Years of data
11
2014–2024

Number of female sole proprietors in Montenegro, 2014–2024

1002003004005002014201920242014: 5382015: 1062016: 962017: 1422018: 1222019: 1082020: 602021: 1032022: 2742023: 2752024: 295

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 Montenegro is 295, measured in 2024.

That represents a change of up 7.3% on the previous year and down 45.2% over ten years.

Over the whole period, number of female sole proprietors in Montenegro peaked at 538 in 2014 and was at its lowest, 60, in 2020.

That places Montenegro 69th out of 78 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Number of female sole proprietors in Montenegro, year by year

Annual values for Number of female sole proprietors in Montenegro, 2014 to 2024.
Year Value Change
2014 538
2015 106 -80.3%
2016 96 -9.4%
2017 142 +47.9%
2018 122 -14.1%
2019 108 -11.5%
2020 60 -44.4%
2021 103 +71.7%
2022 274 +166.0%
2023 275 +0.4%
2024 295 +7.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 185.33 96 538 6
2020s 201.4 60 295 5

Countries ranked near Montenegro

  1. 66 Algeria 551 compare
  2. 67 Vietnam 515 compare
  3. 68 El Salvador 402 compare
  4. 70 Central African Republic 242 compare
  5. 71 Tonga 222 compare
  6. 72 North Macedonia 191 compare

See the full ranking of 78 places →

More private sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is number of female sole proprietors in Montenegro?
Number of female sole proprietors in Montenegro was 295 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 Montenegro?
The highest recorded value was 538 in 2014.
What is the lowest number of female sole proprietors recorded in Montenegro?
The lowest recorded value was 60 in 2020.
How does Montenegro rank for number of female sole proprietors?
Montenegro ranks 69th out of 78 countries with data for 2024.
Is number of female sole proprietors rising or falling in Montenegro?
Over the last ten years it is down 45.2%. The long-run trend across the full record is volatile.
Where does this Montenegro 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 Montenegro. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 28 August 2026, from https://private-sector.statizoid.com/stat/number-of-female-sole-proprietors/montenegro/

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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.