This indicator reflects the percentage of newly registered sole proprietors who are female, spotlighting the gender dynamics within entrepreneurship in a given year. It serves as a vital metric for understanding women's participation in the business landscape, indicating trends in economic empowerment and the accessibility of venture opportunities for women. A sole proprietorship, characterized by its singular ownership and personal liability, often represents the entry point for many into the business world. By examining this share, stakeholders can assess the effectiveness of policies aimed at supporting female entrepreneurs, identify barriers to entry, and recognize the growth potential of women-led enterprises, thus fostering a more inclusive economic environment.
Source: