Share of female business owners in Namibia

Namibia: Share of female business owners was 36.9% in 2024. ▲ Rising

Latest (2024)
36.9%
Change on year
up 2.6%
World rank
9th
of 72 countries
All-time high
36.9%
in 2024
All-time low
14.1%
in 2014
Years of data
11
2014–2024

Share of female business owners in Namibia, 2014–2024

0102030402014201920242014: 14.1 % of total business owners2015: 15.7 % of total business owners2016: 15.9 % of total business owners2017: 17.2 % of total business owners2018: 20.9 % of total business owners2019: 27.9 % of total business owners2020: 29.5 % of total business owners2021: 30.3 % of total business owners2022: 32 % of total business owners2023: 36 % of total business owners2024: 36.9 % of total business owners

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 Namibia stood at 36.9%. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 2.6% on the previous year and up 161.8% over ten years.

Over the whole period, share of female business owners in Namibia peaked at 36.9% in 2024 and was at its lowest, 14.1%, in 2014.

That places Namibia 9th out of 72 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Share of female business owners in Namibia, year by year

Annual values for Share of female business owners (% of total business owners) in Namibia, 2014 to 2024.
Year % of total business owners Change
2014 14.1%
2015 15.7% +11.5%
2016 15.9% +1.4%
2017 17.2% +7.8%
2018 20.9% +21.6%
2019 27.9% +33.7%
2020 29.5% +5.7%
2021 30.3% +2.7%
2022 32.0% +5.7%
2023 36.0% +12.4%
2024 36.9% +2.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 18.6% 14.1% 27.9% 6
2020s 32.9% 29.5% 36.9% 5

Countries ranked near Namibia

  1. 6 Marshall Islands 40.0% compare
  2. 7 Timor-Leste 38.5% compare
  3. 8 Chile 37.5% compare
  4. 10 Eswatini 36.7% compare
  5. 11 Viet Nam 36.6% compare
  6. 12 Romania 36.3% compare

See the full ranking of 72 places →

More private sector data for Namibia

All data for Namibia →

Frequently asked questions

What is share of female business owners in Namibia?
Share of female business owners in Namibia was 36.9% 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 Namibia?
The highest recorded value was 36.9% in 2024.
What is the lowest share of female business owners recorded in Namibia?
The lowest recorded value was 14.1% in 2014.
How does Namibia rank for share of female business owners?
Namibia ranks 9th out of 72 countries with data for 2024.
Is share of female business owners rising or falling in Namibia?
Over the last ten years it is up 161.8%. The long-run trend across the full record is rising.
Where does this Namibia 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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Share of female business owners in Namibia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 12 September 2026, from https://private-sector.statizoid.com/stat/share-of-female-business-owners-percent-of-total-business-owners/namibia/

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About this data

Indicator
Share of female business owners (% of total business owners)
Unit
% of total business owners
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
72 places, 632 data points, 2014–2024
Last refreshed

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.