By the Numbers: The state of female entrepreneurship in 10 statistics

We have good news and bad news: While more and more female entrepreneurs join the community every day, there’s still a lot of catching up to do.

First, the bad news... Female entrepreneurs are less like to secure venture capital, angel investment or helm a unicorn -- startups valued at more than US$1 billion -- but there’s also plenty to be optimistic about.

These 10 eye-opening statistics paint a picture of the current state of the entrepreneurial landscape for women.

163 million

Globally, 163 million women have started a business since 2014

SOURCE: 2016 Global Entrepreneurship Monitor

111 million

In total, there are 111 million women worldwide who have been running established businesses worldwide

SOURCE: Global Entrepreneurship Monitor

5%

Women are 5% more likely to produce innovative ventures, compared with men

SOURCE: Global Entrepreneurship Monitor

38%

The most innovative place is North America, where 38% of female entrepreneurs are reported to provide innovative products and services.

SOURCE: Global Entrepreneurship Monitor

1

In 2014, the United States ranked No. 1 in the world in regards to favorable conditions for women entrepreneurs. In Asia, both Australia and Taiwan ranked in the top 10.

SOURCE: The Gedi Index 2014

35

According to the same Index, Hong Kong ranked 35th globally and China 47th when it comes to the most favorable conditions for women entrepreneurs

SOURCE: The Gedi Index 2014

<1

Fewer than 1 in 10 unicorns -- startups valued at more than US$1 billion -- were founded by women

SOURCE: CNN

86%

In the United Kingdom, Women-led businesses are 86% less likely to be venture-capital funded than men-led businesses

SOURCE: Barclays/The Female Founders Forum

56%

They were also 56% less likely to secure angel investment. Even so, women-led businesses in the UK brought in 20% more revenue with 50% less money invested

SOURCE: Barclays/The Female Founders Forum

40%

Over the past 20 years in the US, 4 in 10 new entrepreneurs have been women

SOURCE: 2017 Kauffman Index of Startup Activity