Share of female business owners in Montenegro
Montenegro: Share of female business owners was 25.2% in 2024. ▼ Falling
Share of female business owners in Montenegro, 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 Montenegro stood at 25.2%. That is the lowest value across all 11 years on record.
That represents a change of down 2.7% on the previous year and down 44.5% over ten years.
Over the whole period, share of female business owners in Montenegro peaked at 45.5% in 2014 and was at its lowest, 25.2%, in 2024.
That places Montenegro 36th out of 72 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Share of female business owners in Montenegro, year by year
| Year | % of total business owners | Change |
|---|---|---|
| 2014 | 45.5% | — |
| 2015 | 31.9% | -29.8% |
| 2016 | 32.2% | +0.9% |
| 2017 | 30.0% | -7.0% |
| 2018 | 30.2% | +0.8% |
| 2019 | 29.3% | -2.9% |
| 2020 | 32.9% | +12.2% |
| 2021 | 29.1% | -11.5% |
| 2022 | 28.9% | -0.6% |
| 2023 | 25.9% | -10.4% |
| 2024 | 25.2% | -2.7% |
Montenegro compared with similar countries
- Montenegro's 25.2% is below the median for upper middle income countries, which is 28.1%, 90% of the median. (23 countries reporting)
- Montenegro's 25.2% is above the median for Europe & Central Asia, which is 25.2%, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 33.2% | 29.3% | 45.5% | 6 |
| 2020s | 28.4% | 25.2% | 32.9% | 5 |
Countries ranked near Montenegro
More private sector data for Montenegro
- Merchandise trade 61.8% (2025)
- Food imports 23.6% (2024)
- Manufactures imports 63.7% (2024)
- Merchandise imports 5.06 billion current US$ (2025)
- Food exports 16.8% (2024)
- Manufactures exports 35.1% (2024)
- Merchandise exports 646.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,037 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.07 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -2.71 % change on previous year (2025)
Frequently asked questions
- What is share of female business owners in Montenegro?
- Share of female business owners in Montenegro was 25.2% 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 Montenegro?
- The highest recorded value was 45.5% in 2014.
- What is the lowest share of female business owners recorded in Montenegro?
- The lowest recorded value was 25.2% in 2024.
- How does Montenegro rank for share of female business owners?
- Montenegro ranks 36th out of 72 countries with data for 2024.
- Is share of female business owners rising or falling in Montenegro?
- Over the last ten years it is down 44.5%. The long-run trend across the full record is falling.
- 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 Share of female business owners (% of total business owners). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 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.