Australia has come in fifth in the rankings

Ghana is at the top of the list, with 46.4% of women business owners

by Alexandra Dimitropoulou

Employment Insider

To create a list, the CEOWORLD magazine reviewed the data from Mastercard’s Index of Women Entrepreneurs to find out which countries are leading the way when it comes to women business owners. The findings show that while the U.S. has the right conditions for female-owned businesses to thrive, women in America’s motivation to start and run a business is low as compared to the countries with high index score.

Australia has come fifth in a list of countries with the most women business owners as a percentage of total business owners.

Ghana is at the top of the list, with 46.4% of businesses owned by women. Following Ghana is Russia with 34.6%, Uganda with 33.8%, New Zealand with 33%, and then Australia with 32.1%.

Only about a quarter of America’s Entrepreneurs are Women:

Out of the 57 countries studied, the United States placed 23rd, with only 25.5 percent of business owners being female.

The top ten:

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