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Law in Charts · Women, work and the law

Firms led by a woman

What share of firms have a woman as their top manager?

170 of 170 shown in the list

% of firms with a female top manager

  1. Kiribati62.9% 2025
  2. Laos50.7% 2024
  3. Thailand48.9% 2025
  4. Samoa48.0% 2023
  5. South Korea44.4% 2024
  6. Hong Kong43.6% 2023
  7. Philippines43.4% 2023
  8. Myanmar41.1% 2016
  9. Vanuatu39.7% 2023
  10. South Africa38.5% 2020
  11. Brunei37.9% 2025
  12. Jamaica37.9% 2024
  13. Madagascar37.3% 2022
  14. Antigua and Barbuda37.1% 2025
  15. Eswatini34.0% 2024
  16. Cambodia33.7% 2023
  17. Poland32.3% 2025
  18. Timor-Leste32.2% 2021
  19. Indonesia31.8% 2023
  20. Djibouti31.6% 2025
  21. Bolivia31.1% 2025
  22. Kazakhstan31.1% 2024
  23. Tonga30.2% 2024
  24. Lesotho30.0% 2023
  25. Grenada28.9% 2025

Source: Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data, Firms with female top manager (% of firms), via the World Bank. Data for 2016 to 2025. What it counts, how to cite it and the data

At a glance

  • 170 countries or territories have a figure.
  • The highest is Kiribati at 62.9% (2025) and the lowest is Qatar at 1.4% (2025).
  • The middle value (the median) is 19.2%.

What it counts

Firms whose top manager is a woman, as reported in the World Bank Enterprise Surveys.

What it leaves out, and how far to trust a comparison

The surveys cover mainly formal firms of five or more employees, in different years and with different samples, and they leave out the informal sector where many women work. The figure says nothing about the law on equal treatment in business.

Source

Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data: Firms with female top manager (% of firms), via the World Bank, compiled in World Bank, World Development Indicators. Source licence: CC BY 4.0. Data retrieved 2026-10-23 to 2026-10-25.

Cite this chart

Free to use in teaching, articles, reports and slides, with credit. Our compilation is licensed CC BY 4.0; the source publishes the underlying data under its own licence, shown below.

Reference (APA style)

TheLawToKnow. (2026). Firms led by a woman [Chart]. Law in Charts. https://tools.thelawtoknow.com/law-in-charts/firms-with-a-woman-as-top-manager. Data: Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data, Firms with female top manager (% of firms), via the World Bank, https://data.worldbank.org/indicator/IC.FRM.FEMM.ZS (data retrieved 2026-10-23 to 2026-10-25).

Short credit for slides and websites

Chart: TheLawToKnow, Law in Charts (https://tools.thelawtoknow.com/law-in-charts/firms-with-a-woman-as-top-manager). Data: Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data, via World Bank, World Development Indicators.

BibTeX

@misc{firmswithawomanastopmanager2026,
  author = {{TheLawToKnow}},
  title = {Firms led by a woman},
  year = {2026},
  howpublished = {Law in Charts},
  url = {https://tools.thelawtoknow.com/law-in-charts/firms-with-a-woman-as-top-manager},
  note = {Data: Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data, Firms with female top manager (% of firms), via the World Bank, https://data.worldbank.org/indicator/IC.FRM.FEMM.ZS. Retrieved 2026-10-23 to 2026-10-25.}
}

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