• Categories
  • Archives

Brazil Women Beat French and Swedish Colleagues in Entrepreneurship

Brazilian business women

Brazilian business women According to data from the London-based Global Entrepreneurship Monitor (GEM) survey, released this Wednesday, April 18, in Brazil's southeastern city of São Paulo, Brazilian women remain in an outstanding position in the global business sector.

According to the report, female entrepreneurship in Brazil is the 10th most active in the world. Of all women interviewed, 5.5 million (9.61%) were entrepreneurs at an early stage of their career (owning businesses under implementation or with up to 42 months of existence).

Ahead of Brazil in the list are Peru (39.27%), the Philippines (22.45%), Indonesia (18.73%), Jamaica (18.14%), Colombia (17.30%), Thailand (14.18%), China (13.79%), Malaysia (11.13%) and Australia (9.87%).

Brazilian women rank higher than those of countries such as France (2.53%), Sweden (2.43%), Slovenia (2.29%), Belgium (1.04%) and the United Arab Emirates (0.29%).

To the technical director at the National division of the Brazilian Micro and Small Business Support Service (Sebrae), Luiz Carlos Barboza, the growing participation of women in society is now being reflected on the business world.

"In terms of establishment of new businesses, women are practically equal to men, quite a different situation from only five years ago, when women answered to little more than one quarter of initiatives. The growth is also due to the increased share of the trade and services sector in the total GDP of Brazil; women account for two thirds of the sector's new businesses," according to Barboza.

Sebrae

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazilian Congress Tables Two Bills Decriminalizing Abortion

Two bills to decriminalize abortion in Brazil were defeated for the third time in ...

Lula’s Chief of Staff Admits She’d Love to Succeed Her Boss

Brazilian president Luiz Inácio Lula da Silva’s personal pick to succeed him in the ...

For Brazil Justice Caving In to FIFA’s Demands Means to Issue a Banana Republic Certificate

Brazil’s Supreme Court (STF) is against the proposals made by Soccer’s International Federation, FIFA, ...

Brazilian Emigrants Send US$ 6.4 billion Back Home. Only Mexicans Send More.

Funds sent to relatives of Latin American and Caribbean workers who live abroad broke ...

Brazil’s Major Meat Exporter Buys Meatpackers from Argentina and Uruguay

Brazilian company Marfrig FrigorÀ­ficos e Comércio de Alimentos S.A., one of the largest producers ...

As Expected, Brazil’s Key Interest Rate Drops to Still High 15.75%

Wednesday, April 19, Brazil’s equivalent of the Fed, the Monetary Policy Committee (Comitê de ...

Brazilians to Be Jailed and Then Deported for Producing Fake ID’s

Two Brazilian nationals have been sentenced and ordered deported yesterday in federal court on ...

No Change is Good News for Brazilian Investors

Latin American stocks were mixed to higher, with Brazilian shares posting modest gains on ...