The expansion of economics to "non-market topics" such as football has received increased attention in recent years. However, most of the studies focus on men's performances, whereas this paper reports empirical evidence of women's international team performances. In line with the previous studies who analyzed the performance of men, the results reveal that economic, demographic, and climatic factors have a strong impact on teams' performances. In this paper we analyze furthermore whether there is a correlation between women's and men's team performances. In general, countries with a stronger football tradition have not only strong men's teams, but also women's teams. The findings also indicate that there is a certain competitive balance between the different football regions.