Share of female business owners in Korea
Korea: Share of female business owners was 26.9% in 2023. ▲ Rising
Share of female business owners in Korea, 2014–2023
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
Korea recorded 26.9% for share of female business owners in 2023.
Compared with earlier readings it is down 2.7% on the previous year and up 15.5% over ten years.
Over the whole period, share of female business owners in Korea peaked at 27.6% in 2022 and was at its lowest, 23.3%, in 2014.
Korea ranks 32nd of 72 countries on this measure, in the middle of the range.
Share of female business owners in Korea, year by year
| Year | % of total business owners | Change |
|---|---|---|
| 2014 | 23.3% | — |
| 2015 | 23.7% | +1.8% |
| 2016 | 24.0% | +1.2% |
| 2022 | 27.6% | +15.2% |
| 2023 | 26.9% | -2.7% |
Korea compared with similar countries
- Korea's 26.9% is above the median for high income countries, which is 25.5%, 1.1× the median. (21 countries reporting)
- Korea's 26.9% is below the median for East Asia & Pacific, which is 31.0%, 87% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.7% | 23.3% | 24.0% | 3 |
| 2020s | 27.3% | 26.9% | 27.6% | 2 |
Countries ranked near Korea
More private sector data for Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.3% (2024)
- Manufactures imports 60.1% (2024)
- Merchandise imports 631.89 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.3% (2024)
- Merchandise exports 709.33 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3788 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.76 % change on previous year (2025)
Frequently asked questions
- What is share of female business owners in Korea?
- Share of female business owners in Korea was 26.9% 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 share of female business owners recorded in Korea?
- The highest recorded value was 27.6% in 2022.
- What is the lowest share of female business owners recorded in Korea?
- The lowest recorded value was 23.3% in 2014.
- How does Korea rank for share of female business owners?
- Korea ranks 32nd out of 72 countries with data for 2023.
- Is share of female business owners rising or falling in Korea?
- Over the last ten years it is up 15.5%. The long-run trend across the full record is rising.
- Where does this Korea 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.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.