The 2003 Women's Credit-Suisse Privilege World Open Squash Championship was the women's edition of the 2003 World Open, which serves as the individual world championship for squash players.

The event took place in Hong Kong from 7 December until 13 December 2003.

Carol Owens won her second World Open title, defeating Cassie Jackman in the final.

[1] Sarah Fitzgerald did not defend her title after retiring from competitive play.

Natalie Pohrer change her name back to Natalie Grainger and represented the United States after changing nationality.