Share of female business owners in Mongolia
Mongolia: Share of female business owners was 41.8% in 2024. ▲ Rising
Share of female business owners in Mongolia, 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 Mongolia stood at 41.8%.
The figure is down 0.6% on the previous year and up 35.3% over ten years.
Over the whole period, share of female business owners in Mongolia peaked at 42.1% in 2022 and was at its lowest, 30.9%, in 2014.
That places Mongolia 5th out of 72 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Share of female business owners in Mongolia, year by year
| Year | % of total business owners | Change |
|---|---|---|
| 2014 | 30.9% | — |
| 2015 | 32.9% | +6.7% |
| 2016 | 35.8% | +8.8% |
| 2017 | 35.6% | -0.8% |
| 2018 | 36.8% | +3.4% |
| 2019 | 36.2% | -1.4% |
| 2020 | 35.8% | -1.3% |
| 2021 | 36.2% | +1.1% |
| 2022 | 42.1% | +16.4% |
| 2023 | 42.1% | -0.1% |
| 2024 | 41.8% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 34.7% | 30.9% | 36.8% | 6 |
| 2020s | 39.6% | 35.8% | 42.1% | 5 |
Countries ranked near Mongolia
- 2 Belize 46.1% compare
- 3 Samoa 44.0% compare
- 4 Mozambique 43.1% compare
- 6 Marshall Islands 40.0% compare
- 7 Timor-Leste 38.5% compare
- 8 Chile 37.5% compare
More private sector data for Mongolia
- Merchandise trade 106.7% (2025)
- Food imports 11.0% (2023)
- Manufactures imports 65.3% (2023)
- Merchandise imports 11.31 billion current US$ (2025)
- Food exports 3.3% (2023)
- Manufactures exports 1.7% (2023)
- Merchandise exports 15.76 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,416 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6213 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.1394 % change on previous year (2025)
Frequently asked questions
- What is share of female business owners in Mongolia?
- Share of female business owners in Mongolia was 41.8% 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 Mongolia?
- The highest recorded value was 42.1% in 2022.
- What is the lowest share of female business owners recorded in Mongolia?
- The lowest recorded value was 30.9% in 2014.
- How does Mongolia rank for share of female business owners?
- Mongolia ranks 5th out of 72 countries with data for 2024.
- Is share of female business owners rising or falling in Mongolia?
- Over the last ten years it is up 35.3%. The long-run trend across the full record is rising.
- Where does this Mongolia 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.