Philippines—Firms with Female Participation in Ownership (%)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #5 of 117Updated April 2026
Latest Value
43.4%
2023
YoY Change
+45.5%
2015 → 2023
Global Rank
#5
of 117 countries
Maximum
43.4%
2023
Minimum
29.9%
2015
CAGR
+2.1%
3 years
Last
43.4%
Previous
29.9%
Highest
43.4%
Lowest
29.9%
Source
World Bank World Development Indicators
Philippines's firms with female participation in ownership (%) was 43.4% in 2023, ranking #5 out of 117 countries. This represents a +45.5% change from 2015. Over the past 3 years, the highest recorded value was 43.4% (2023) and the lowest was 29.9% (2015). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 43.4% | +45.5% |
| 2015 | 29.9% | -8.6% |
| 2009 | 32.7% |
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.