Timely indicators of entrepreneurship by enterprise characteristics — Business bankruptcies by country
Timely Indicators of Entrepreneurship have become integral part of business statistics offering of most OECD member countries and beyond. It supplements more complete annual datasets (e.g. Business Demography, Structural Business Statistics by Size class) with more timely monthly or quarterly information on a...
What the numbers show
Timely indicators of entrepreneurship by enterprise characteristics — Business bankruptcies is currently reported for 16 countries. The highest value is 23,040 Enterprises in United States of America; the lowest is 999 Enterprises in Slovenia.
The median across all reporting countries is 4,676 Enterprises, and the mean is 7,135 Enterprises.
The gap between the highest and lowest reporting country is a factor of about 23.
Over the past decade 6 countries rose and 9 fell. The largest increase was in Denmark (up 52.0%), and the largest decrease in Belgium (down 72.4%).
Timely indicators of entrepreneurship by enterprise characteristics: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | United States of America | 23,040 Enterprises | 2024 | down 14.2% | falling |
| 2 | Germany | 21,812 Enterprises | 2024 | down 9.4% | falling |
| 2 | Netherlands | 4,270 Enterprises | 2024 | down 44.0% | falling |
| 3 | Hungary | 15,461 Enterprises | 2024 | down 12.4% | volatile |
| 4 | Sweden | 10,757 Enterprises | 2024 | up 50.4% | falling |
| 5 | Italy | 7,572 Enterprises | 2020 | down 32.6% | rising |
| 6 | Denmark | 6,155 Enterprises | 2024 | up 52.0% | volatile |
| 7 | Spain | 5,589 Enterprises | 2024 | down 14.9% | rising |
| 8 | Canada | 4,810 Enterprises | 2023 | up 12.4% | falling |
| 9 | Norway | 4,543 Enterprises | 2024 | down 5.4% | rising |
| 10 | Finland | 3,488 Enterprises | 2024 | up 16.8% | falling |
| 11 | Belgium | 2,960 Enterprises | 2024 | down 72.4% | rising |
| 12 | Iceland | 1,222 Enterprises | 2023 | up 32.8% | rising |
| 13 | Singapore | 399 Enterprises | 2024 | up 42.5% | rising |
| 18 | Lithuania | 1,089 Enterprises | 2024 | — | rising |
| 19 | Slovenia | 999 Enterprises | 2024 | down 23.3% | rising |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- North Rhine-Westphalia 5,640 Enterprises
- Stockholm 4,030 Enterprises
- Capital region 3,049 Enterprises
- Bavaria 2,995 Enterprises
- Quebec 2,812 Enterprises
- Baden-Württemberg 2,445 Enterprises
- Berlin 2,092 Enterprises
- Lower Saxony 1,824 Enterprises
- West Sweden 1,796 Enterprises
- Hesse 1,655 Enterprises
- East Middle Sweden 1,520 Enterprises
- South Sweden 1,482 Enterprises
- Catalonia 1,416 Enterprises
- Ontario 1,280 Enterprises
- Madrid 1,210 Enterprises
- Central Denmark 1,097 Enterprises
- Saxony 867 Enterprises
- Rhineland-Palatinate 861 Enterprises
- Hamburg 849 Enterprises
- South Holland (TL2021) 842 Enterprises
- Schleswig-Holstein 833 Enterprises
- Zealand 803 Enterprises
- North Holland 789 Enterprises
- North Brabant 768 Enterprises
- Southern Denmark 762 Enterprises
- Valencian Community 730 Enterprises
- Småland with Islands 693 Enterprises
- North Middle Sweden 633 Enterprises
- Andalusia 599 Enterprises
- Central and Western Lithuania Region 580 Enterprises
- Gelderland 482 Enterprises
- Northern Denmark 444 Enterprises
- Brandenburg 431 Enterprises
- Saxony-Anhalt 352 Enterprises
- Overijssel 326 Enterprises
- Upper Norrland 314 Enterprises
- Utrecht (TL2021) 292 Enterprises
- Basque Country 289 Enterprises
- Central Norrland 280 Enterprises
- Mecklenburg-Vorpommern 273 Enterprises
About this data
Timely Indicators of Entrepreneurship have become integral part of business statistics offering of most OECD member countries and beyond. It supplements more complete annual datasets (e.g. Business Demography, Structural Business Statistics by Size class) with more timely monthly or quarterly information on a limited number of indicators.Data are broken down whenever available byeconomic activity according to International Standard Industrial Classification, Revision 4 (ISIC Rev.4): ISIC Rev. 4 at the level of sections (letters) and higher aggregates, most often covering the total economy, geographic area at country and TL2 level of the OECD Territorial grids, legal form into three main groups: Limited liability (LL), Partnership (PA) and Sole proprietorship (SP). With very few exceptions, series are not seasonally or calendar adjusted, so care should be taken in interpreting sub-annual changes. Timely Indicators of Entrepreneurship provide valuable information to policy makers and researchers on most recent trends in business dynamics.Related datasets:Employer Business Demography Statistics,Business Demography Statistics,Structural Business Statistics by Size Class.