Share of female sole proprietors in Madagascar

Madagascar: Share of female sole proprietors was 28.1% in 2024. ▼ Falling

Latest (2024)
28.1%
Change on year
down 40.7%
World rank
64th
of 78 countries
All-time high
49.8%
in 2020
All-time low
28.1%
in 2024
Years of data
11
2014–2024

Share of female sole proprietors in Madagascar, 2014–2024

010203040502014201920242014: 42.7 % of sole proprietors2015: 42.2 % of sole proprietors2016: 44.6 % of sole proprietors2017: 41.3 % of sole proprietors2018: 42 % of sole proprietors2019: 31.9 % of sole proprietors2020: 49.8 % of sole proprietors2021: 45.9 % of sole proprietors2022: 45.9 % of sole proprietors2023: 47.4 % of sole proprietors2024: 28.1 % 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 Madagascar stood at 28.1%. That is the lowest value across all 11 years on record.

That represents a change of down 40.7% on the previous year and down 34.2% over ten years.

Over the whole period, share of female sole proprietors in Madagascar peaked at 49.8% in 2020 and was at its lowest, 28.1%, in 2024.

Madagascar ranks 64th 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 Madagascar, year by year

Annual values for Share of female sole proprietors (% of sole proprietors) in Madagascar, 2014 to 2024.
Year % of sole proprietors Change
2014 42.7%
2015 42.2% -1.3%
2016 44.6% +5.6%
2017 41.3% -7.3%
2018 42.0% +1.7%
2019 31.9% -24.0%
2020 49.8% +56.2%
2021 45.9% -8.0%
2022 45.9% +0.0%
2023 47.4% +3.4%
2024 28.1% -40.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 40.8% 31.9% 44.6% 6
2020s 43.4% 28.1% 49.8% 5

Countries ranked near Madagascar

  1. 61 El Salvador 30.0% compare
  2. 62 Slovakia 28.7% compare
  3. 63 Morocco 28.3% compare
  4. 65 Djibouti 27.3% compare
  5. 66 Côte d'Ivoire 25.9% compare
  6. 67 Greece 23.7% compare

See the full ranking of 78 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is share of female sole proprietors in Madagascar?
Share of female sole proprietors in Madagascar was 28.1% 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 Madagascar?
The highest recorded value was 49.8% in 2020.
What is the lowest share of female sole proprietors recorded in Madagascar?
The lowest recorded value was 28.1% in 2024.
How does Madagascar rank for share of female sole proprietors?
Madagascar ranks 64th out of 78 countries with data for 2024.
Is share of female sole proprietors rising or falling in Madagascar?
Over the last ten years it is down 34.2%. The long-run trend across the full record is falling.
Where does this Madagascar 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.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Share of female sole proprietors in Madagascar. Statizoid, drawing on World Bank's Entrepreneurship Survey and database (https://www.worldbank.org/en/programs/entrepreneurship). Downloaded on May 2, 2026. Retrieved 11 September 2026, from https://private-sector.statizoid.com/stat/share-of-female-sole-proprietors-percent-of-sole-proprietors/madagascar/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://private-sector.statizoid.com/stat/share-of-female-sole-proprietors-percent-of-sole-proprietors/madagascar/">Share of female sole proprietors in Madagascar</a> — Statizoid

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.