Share of female business owners in North Macedonia

North Macedonia: Share of female business owners was 28.1% in 2020. ▼ Falling

Latest (2020)
28.1%
Change on year
down 3.7%
World rank
27th
of 72 countries
All-time high
34.2%
in 2017
All-time low
28.1%
in 2020
Years of data
7
2014–2020

Share of female business owners in North Macedonia, 2014–2020

01020302014201720202014: 32.3 % of total business owners2015: 33 % of total business owners2016: 33.7 % of total business owners2017: 34.2 % of total business owners2018: 30.9 % of total business owners2019: 29.2 % of total business owners2020: 28.1 % 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

The most recent figure for share of female business owners in North Macedonia is 28.1%, measured in 2020. That is the lowest value across all 7 years on record.

That represents a change of down 3.7% on the previous year and down 13.0% over ten years.

That places North Macedonia 27th out of 72 countries with data for 2020, putting it in the middle of the range.

Share of female business owners in North Macedonia, year by year

Annual values for Share of female business owners (% of total business owners) in North Macedonia, 2014 to 2020.
Year % of total business owners Change
2014 32.3%
2015 33.0% +2.3%
2016 33.7% +1.9%
2017 34.2% +1.6%
2018 30.9% -9.5%
2019 29.2% -5.7%
2020 28.1% -3.7%

North Macedonia compared with similar countries

  • North Macedonia's 28.1% is above the median for upper middle income countries, which is 28.1%, 1.0× the median. (23 countries reporting)
  • North Macedonia's 28.1% is above the median for Europe & Central Asia, which is 25.2%, 1.1× the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 32.2% 29.2% 34.2% 6
2020s 28.1% 28.1% 28.1% 1

Countries ranked near North Macedonia

  1. 24 Cambodia 29.8%
  2. 25 Mauritius 29.7% compare
  3. 26 Italy 28.3% compare
  4. 28 Comoros 27.3% compare
  5. 29 Slovakia 27.2%
  6. 30 Côte d'Ivoire 27.1% compare

See the full ranking of 72 places →

More private sector data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is share of female business owners in North Macedonia?
Share of female business owners in North Macedonia was 28.1% in 2020, 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 North Macedonia?
The highest recorded value was 34.2% in 2017.
What is the lowest share of female business owners recorded in North Macedonia?
The lowest recorded value was 28.1% in 2020.
How does North Macedonia rank for share of female business owners?
North Macedonia ranks 27th out of 72 countries with data for 2020.
Is share of female business owners rising or falling in North Macedonia?
Over the last ten years it is down 13.0%. The long-run trend across the full record is falling.
Where does this North Macedonia 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 North Macedonia. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/share-of-female-business-owners-percent-of-total-business-owners/north-macedonia/

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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.