Every second small business in Ukraine is started by women
In 2022, almost half of new small businesses were started by women
In 2023, one in two new sole proprietorships in Ukraine is received by women. Since the beginning of the year, a total of 36,892 sole proprietorships have been registered – 51% of them were created by women.
Opendatabot reports this, citing its own research.
It is noted that since 2017, the percentage of women who have started sole proprietorships has been growing. In 2020-2021, women entrepreneurs opened 51% of new businesses, the great war, however, set this figure back somewhat.
In total, in 2022, women registered more than 93,000 sole proprietorships, accounting for 48% of the total number of new small businesses.
A third of new sole proprietorships registered by women are engaged in retail trade, almost twice as many as men in this category.
In addition, 10,658 women entrepreneurs started their own business in the IT sector, the second largest number of registrations. However, this accounts for only 34% of the total number of sole proprietors in this category.
In 2022, women overtook men in the provision of other individual services (85% of new businesses were started by women), in the production of clothing, education and HR (75%), social assistance (74%), and healthcare (72%), etc.
However, the situation with women at the helm of companies is not so positive. The number of female directors of medium and large businesses is decreasing every year. In 2021, only 35% of businesses were headed by women. A year of full-scale invasion reduced their number to 29%. A total of 9,405 women-led companies were opened last year.
In 2023, there was an upward trend. Since the beginning of the year, 3,849 businesses have been opened, and women head 30% of new companies.
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