Share of female business owners in Ecuador
Ecuador: Share of female business owners was 30.4% in 2024. ▲ Rising
Share of female business owners in Ecuador, 2014–2024
Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Measured in % of total business owners.
Analysis
In 2024, share of female business owners in Ecuador stood at 30.4%. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 109.1% over ten years.
Over the whole period, share of female business owners in Ecuador peaked at 30.4% in 2024 and was at its lowest, 14.5%, in 2014.
That places Ecuador 23rd out of 72 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Share of female business owners in Ecuador, year by year
| Year | % of total business owners | Change |
|---|---|---|
| 2014 | 14.5% | — |
| 2015 | 24.1% | +65.7% |
| 2016 | 24.2% | +0.4% |
| 2017 | 25.0% | +3.4% |
| 2018 | 27.3% | +9.4% |
| 2019 | 25.1% | -8.0% |
| 2020 | 27.1% | +7.7% |
| 2021 | 28.4% | +4.7% |
| 2022 | 29.1% | +2.5% |
| 2023 | 30.0% | +3.1% |
| 2024 | 30.4% | +1.4% |
Ecuador compared with similar countries
- Ecuador's 30.4% is above the median for upper middle income countries, which is 28.1%, 1.1× the median. (23 countries reporting)
- Ecuador's 30.4% is below the median for Latin America & Caribbean, which is 35.4%, 86% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.4% | 14.5% | 27.3% | 6 |
| 2020s | 29.0% | 27.1% | 30.4% | 5 |
Countries ranked near Ecuador
More private sector data for Ecuador
- Merchandise trade 53.6% (2025)
- Food imports 12.2% (2024)
- Manufactures imports 59.2% (2024)
- Merchandise imports 32.65 billion current US$ (2025)
- Food exports 53.7% (2024)
- Manufactures exports 4.9% (2024)
- Merchandise exports 37.15 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,031 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2851 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.93 % change on previous year (2025)
Frequently asked questions
- What is share of female business owners in Ecuador?
- Share of female business owners in Ecuador was 30.4% 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 share of female business owners recorded in Ecuador?
- The highest recorded value was 30.4% in 2024.
- What is the lowest share of female business owners recorded in Ecuador?
- The lowest recorded value was 14.5% in 2014.
- How does Ecuador rank for share of female business owners?
- Ecuador ranks 23rd out of 72 countries with data for 2024.
- Is share of female business owners rising or falling in Ecuador?
- Over the last ten years it is up 109.1%. The long-run trend across the full record is rising.
- Where does this Ecuador 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 Share of female business owners (% of total business owners). Statizoid updates them automatically from the source API.
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About this data
Share of female business is the proportion of female newly registered limited liability company owners out of the total number of newly registered limited liability company owners in the economy in the calendar year.