Armenia—Firms with Female Participation in Ownership (%)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #18 of 117Updated April 2026
Latest Value
28.2%
2024
YoY Change
+47.7%
2020 → 2024
Global Rank
#18
of 117 countries
Maximum
28.2%
2024
Minimum
13.5%
2009
CAGR
+5.0%
4 years
Last
28.2%
Previous
19.1%
Highest
28.2%
Lowest
13.5%
Source
World Bank World Development Indicators
Armenia's firms with female participation in ownership (%) was 28.2% in 2024, ranking #18 out of 117 countries. This represents a +47.7% change from 2020. Over the past 4 years, the highest recorded value was 28.2% (2024) and the lowest was 13.5% (2009). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 28.2% | +47.7% |
| 2020 | 19.1% | +35.7% |
| 2013 | 14.1% | +4.4% |
| 2009 | 13.5% |
Top Countries — Firms with Female Participation in Ownership (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lao PDR | 50.7% | 2024 |
| 2 | Samoa | 48.0% | 2023 |
| 3 | Korea, Rep. | 44.4% | 2024 |
| 4 | Hong Kong SAR, China | 43.6% | 2023 |
| 5 | Philippines | 43.4% | 2023 |
| 6 | Vanuatu | 39.7% | 2023 |
| 7 | Brunei Darussalam | 37.9% | 2025 |
| 8 | Jamaica | 37.9% | 2024 |
| 9 | Madagascar | 37.3% | 2022 |
| 10 | Eswatini | 34.0% | 2024 |
About This Indicator
Definition
Percentage of firms with females as the top manager.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.