Share of female business owners in Thailand
Thailand: Share of female business owners was 48.2% in 2024. ▲ Rising
Share of female business owners in Thailand, 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 Thailand stood at 48.2%.
The figure is down 0.2% on the previous year and up 13.8% over ten years.
Over the whole period, share of female business owners in Thailand peaked at 48.3% in 2023 and was at its lowest, 39.5%, in 2020.
That places Thailand 1st 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 Thailand, year by year
| Year | % of total business owners | Change |
|---|---|---|
| 2014 | 42.4% | — |
| 2015 | 41.9% | -1.2% |
| 2016 | 39.6% | -5.4% |
| 2017 | 41.0% | +3.5% |
| 2018 | 40.2% | -1.9% |
| 2019 | 40.4% | +0.4% |
| 2020 | 39.5% | -2.3% |
| 2021 | 41.5% | +5.1% |
| 2022 | 40.5% | -2.5% |
| 2023 | 48.3% | +19.3% |
| 2024 | 48.2% | -0.2% |
Thailand compared with similar countries
- Thailand's 48.2% is above the median for upper middle income countries, which is 28.1%, 1.7× the median. (23 countries reporting)
- Thailand's 48.2% is above the median for East Asia & Pacific, which is 31.0%, 1.6× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 40.9% | 39.6% | 42.4% | 6 |
| 2020s | 43.6% | 39.5% | 48.3% | 5 |
Countries ranked near Thailand
More private sector data for Thailand
- Merchandise trade 118.6% (2025)
- Food imports 6.6% (2024)
- Manufactures imports 65.8% (2024)
- Merchandise imports 344.94 billion current US$ (2025)
- Food exports 14.7% (2024)
- Manufactures exports 72.1% (2024)
- Merchandise exports 339.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,742 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5886 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.93 % change on previous year (2025)
Frequently asked questions
- What is share of female business owners in Thailand?
- Share of female business owners in Thailand was 48.2% 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 Thailand?
- The highest recorded value was 48.3% in 2023.
- What is the lowest share of female business owners recorded in Thailand?
- The lowest recorded value was 39.5% in 2020.
- How does Thailand rank for share of female business owners?
- Thailand ranks 1st out of 72 countries with data for 2024.
- Is share of female business owners rising or falling in Thailand?
- Over the last ten years it is up 13.8%. The long-run trend across the full record is rising.
- Where does this Thailand 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.