Women Business Owner Statistics | NAWBO

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Women Business Owner Statistics

Women Business Owners infographic

Women Owned Business in the United States

  • More than 11.6 million firms are owned by women, employing nearly 9 million people, and generating $1.7 trillion in sales as of 2017. 
  • Women-owned firms (51% or more) account for 39% of all privately held firms and contribute 8% of employment and 4.2% of revenues.

Businesses Owned by Women of Color

  • 5.4 million firms are majority-owned by women of color in the U.S. 
  • These firms employ 2.1 million people and generate $361 billion in revenues annually.

Million Dollar Businesses

  • One in five firms with revenue of $1 million or more is woman-owned.
  • 4.2% of all women-owned firms have revenues of 1 million or more.

Statistics from the American Express OPEN "The State of Women-Owned Businesses  2017” for full report click here.