Montenegro—Firms with Female Participation in Ownership (%)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #78 of 117Updated April 2026
Latest Value
13.5%
2023
YoY Change
-10.2%
2019 → 2023
Global Rank
#78
of 117 countries
Maximum
24.5%
2009
Minimum
13.5%
2023
CAGR
-4.2%
4 years
Last
13.5%
Previous
15.0%
Highest
24.5%
Lowest
13.5%
Source
World Bank World Development Indicators
Montenegro's firms with female participation in ownership (%) was 13.5% in 2023, ranking #78 out of 117 countries. This represents a -10.2% change from 2019. Over the past 4 years, the highest recorded value was 24.5% (2009) and the lowest was 13.5% (2023). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 13.5% | -10.2% |
| 2019 | 15.0% | -21.7% |
| 2013 | 19.2% | -21.6% |
| 2009 | 24.5% |
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.