Share of female business owners in Serbia

Serbia: Share of female business owners was 23.9% in 2024. ▼ Falling

Latest (2024)
23.9%
Change on year
up 0.6%
World rank
41st
of 72 countries
All-time high
29.0%
in 2014
All-time low
23.5%
in 2022
Years of data
10
2014–2024

Share of female business owners in Serbia, 2014–2024

01020302014201920242014: 29 % of total business owners2015: 28.8 % of total business owners2016: 26.4 % of total business owners2017: 26.4 % of total business owners2018: 26.7 % of total business owners2019: 26.5 % of total business owners2020: 24.7 % of total business owners2022: 23.5 % of total business owners2023: 23.8 % of total business owners2024: 23.9 % 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

Serbia recorded 23.9% for share of female business owners in 2024.

That represents a change of up 0.6% on the previous year and down 17.4% over ten years.

Over the whole period, share of female business owners in Serbia peaked at 29.0% in 2014 and was at its lowest, 23.5%, in 2022.

Serbia ranks 41st of 72 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 10 years of available data.

Share of female business owners in Serbia, year by year

Annual values for Share of female business owners (% of total business owners) in Serbia, 2014 to 2024.
Year % of total business owners Change
2014 29.0%
2015 28.8% -0.7%
2016 26.4% -8.1%
2017 26.4% -0.1%
2018 26.7% +0.9%
2019 26.5% -0.7%
2020 24.7% -6.5%
2022 23.5% -5.1%
2023 23.8% +1.3%
2024 23.9% +0.6%

Serbia compared with similar countries

  • Serbia's 23.9% is below the median for upper middle income countries, which is 28.1%, 85% of the median. (23 countries reporting)
  • Serbia's 23.9% is below the median for Europe & Central Asia, which is 25.2%, 95% of the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 27.3% 26.4% 29.0% 6
2020s 24.0% 23.5% 24.7% 4

Countries ranked near Serbia

  1. 38 Brunei Darussalam 24.9% compare
  2. 39 Liberia 24.7% compare
  3. 40 Albania 23.9% compare
  4. 42 Lao People's Democratic Republic 23.7% compare
  5. 43 Burundi 23.4% compare
  6. 44 Fiji 22.9% compare

See the full ranking of 72 places →

More private sector data for Serbia

All data for Serbia →

Frequently asked questions

What is share of female business owners in Serbia?
Share of female business owners in Serbia was 23.9% 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 Serbia?
The highest recorded value was 29.0% in 2014.
What is the lowest share of female business owners recorded in Serbia?
The lowest recorded value was 23.5% in 2022.
How does Serbia rank for share of female business owners?
Serbia ranks 41st out of 72 countries with data for 2024.
Is share of female business owners rising or falling in Serbia?
Over the last ten years it is down 17.4%. The long-run trend across the full record is falling.
Where does this Serbia 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 Serbia. 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/serbia/

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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.