Share of female sole proprietors in Lao People's Democratic Republic

Lao People's Democratic Republic: Share of female sole proprietors was 31.3% in 2024. ▼ Falling

Latest (2024)
31.3%
Change on year
down 7.6%
World rank
59th
of 78 countries
All-time high
42.1%
in 2020
All-time low
31.3%
in 2024
Years of data
11
2014–2024

Share of female sole proprietors in Lao People's Democratic Republic, 2014–2024

0102030402014201920242014: 41 % of sole proprietors2015: 38.4 % of sole proprietors2016: 40.9 % of sole proprietors2017: 38.3 % of sole proprietors2018: 41.3 % of sole proprietors2019: 40 % of sole proprietors2020: 42.1 % of sole proprietors2021: 38.7 % of sole proprietors2022: 41.3 % of sole proprietors2023: 33.9 % of sole proprietors2024: 31.3 % of sole proprietors

Source: World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Measured in % of sole proprietors.

Analysis

In 2024, share of female sole proprietors in Lao People's Democratic Republic stood at 31.3%. That is the lowest value across all 11 years on record.

That represents a change of down 7.6% on the previous year and down 23.7% over ten years.

Over the whole period, share of female sole proprietors in Lao People's Democratic Republic peaked at 42.1% in 2020 and was at its lowest, 31.3%, in 2024.

Lao People's Democratic Republic ranks 59th of 78 countries on this measure, in the bottom quarter.

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

Share of female sole proprietors in Lao People's Democratic Republic, year by year

Annual values for Share of female sole proprietors (% of sole proprietors) in Lao People's Democratic Republic, 2014 to 2024.
Year % of sole proprietors Change
2014 41.0%
2015 38.4% -6.2%
2016 40.9% +6.6%
2017 38.3% -6.4%
2018 41.3% +7.9%
2019 40.0% -3.1%
2020 42.1% +5.2%
2021 38.7% -8.1%
2022 41.3% +6.9%
2023 33.9% -18.1%
2024 31.3% -7.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 40.0% 38.3% 41.3% 6
2020s 37.4% 31.3% 42.1% 5

Countries ranked near Lao People's Democratic Republic

  1. 56 Senegal 31.7% compare
  2. 57 Gabon 31.7% compare
  3. 58 Georgia 31.5% compare
  4. 60 Guinea 30.4% compare
  5. 61 El Salvador 30.0% compare
  6. 62 Slovakia 28.7% compare

See the full ranking of 78 places →

More private sector data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

Frequently asked questions

What is share of female sole proprietors in Lao People's Democratic Republic?
Share of female sole proprietors in Lao People's Democratic Republic was 31.3% 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 sole proprietors recorded in Lao People's Democratic Republic?
The highest recorded value was 42.1% in 2020.
What is the lowest share of female sole proprietors recorded in Lao People's Democratic Republic?
The lowest recorded value was 31.3% in 2024.
How does Lao People's Democratic Republic rank for share of female sole proprietors?
Lao People's Democratic Republic ranks 59th out of 78 countries with data for 2024.
Is share of female sole proprietors rising or falling in Lao People's Democratic Republic?
Over the last ten years it is down 23.7%. The long-run trend across the full record is falling.
Where does this Lao People's Democratic Republic 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 sole proprietors (% of sole proprietors). Statizoid updates them automatically from the source API.

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Share of female sole proprietors in Lao People's Democratic Republic. 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-sole-proprietors-percent-of-sole-proprietors/lao-pdr/

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About this data

Indicator
Share of female sole proprietors (% of sole proprietors)
Unit
% of sole proprietors
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
78 places, 714 data points, 2014–2024
Last refreshed

Share of female sole proprietors is the proportion of female newly registered sole proprietors out of the total number of newly registered sole proprietors in the economy in the calendar year. A sole proprietorship is a business entity owned and managed by a single individual who is indistinguishable from the business and personally liable.