Estonia—Firms with Female Participation in Ownership (%)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #69 of 117Updated April 2026
Latest Value
16.0%
2023
YoY Change
-28.9%
2019 → 2023
Global Rank
#69
of 117 countries
Maximum
27.6%
2013
Minimum
16.0%
2023
CAGR
-3.4%
4 years
Last
16.0%
Previous
22.5%
Highest
27.6%
Lowest
16.0%
Source
World Bank World Development Indicators
Estonia's firms with female participation in ownership (%) was 16.0% in 2023, ranking #69 out of 117 countries. This represents a -28.9% change from 2019. Over the past 4 years, the highest recorded value was 27.6% (2013) and the lowest was 16.0% (2023). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 16.0% | -28.9% |
| 2019 | 22.5% | -18.4% |
| 2013 | 27.6% | +6.8% |
| 2009 | 25.8% |
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.