The Development of Women's Entrepreneurship in Albania
SMEs are the main driver of economic growth in Albania and job creation. The involvement of women in business is a potential that should be exploited for further growth of the country's economy as well as self-employment and economic empowerment of women.
According to INSTAT 2019 1 , women manage / own 25.7% of 2018 total active businesses out of 29.7% on 2017 with a drop of 4 percentage points. Tirana prefecture has the largest concentration of businesses leaded by women, with 41.4%. Businesses managed by women are mainly businesses with 1-4 employed and represent 91.2% of the total number of businesses lead by women. However, 19.6% of businesses with 50 or more employed are managed or owned by women. Further, 84% of businesses led by women are service activities mostly in trade and 86.7% of them have legal form as a natural person.
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