Women Entrepreneurs in Portugal

In the Mastercard index of women entrepreneurs, Portugal is the sixth country in the world with the most women entrepreneurs. A score of 32.2%, ahead of countries such as Spain, Italy and Ireland.

When analyzing the percentage of female company managers, Portugal ranks ahead of countries such as Ireland, France and Germany, with a figure of 37.4%. It ranks 15th in terms of female participation in the global labor market.

However, in the percentage of financial support for women, Portugal is below the global average. It is below countries such as the United Kingdom, France and Germany, ranking 31st. In SMEs, Portugal ranks 32nd, far behind countries such as Spain and Ireland.

According to Pordata, the pay gap with men reached 14.1% in 2019, a percentage equivalent to 51 days of paid work.

In the graph below, we can see the analysis of 65 countries in 2021 on female entrepreneurship. We can see that Portugal ranks 22nd, a result that has been increasing over the years.

Women Entrepreneurs

Portugal has some very important women in the business world, either because they decided to change their lives or because they inherited the business from their relatives, but they have never given up. They fight every day for places that still belong mostly to men. We can talk about:

Manuela Medeiros- At the age of 42, she changed her life to found an accessories brand that would democratize fashion in Portugal. Present in more than 64 countries and with hundreds of stores open, the owner of Parfois is a successful Portuguese entrepreneur.

Maria Cunha, Filipa Júlio and Sofia Oliveira- In 2012, these three women decided to open a brand of luxury ballet flats, made by hand in Portugal, but exported all over the world. The Josefina brand has the most expensive ballet flats in the world.

Paula Amorim- CEO of Amorim Investimentos e Participações, she is considered one of the most powerful women in the business world in Portugal.

Cláudia Azevedo- She became head of the Sonae group after the death of her father, but has already made changes to her image and identity. She is considered one of the most powerful and influential women in Portugal.

Women who inspire other women to fight every day to achieve their dreams and goals.

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Source: Forbes

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