Timely indicators of entrepreneurship by enterprise characteristics in British Columbia
British Columbia: Timely indicators of entrepreneurship by enterprise characteristics was 253 Enterprises in 2023. ◆ Volatile
Timely indicators of entrepreneurship by enterprise characteristics in British Columbia, 1987–2023
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
In 2023, timely indicators of entrepreneurship by enterprise characteristics in British Columbia stood at 253 Enterprises.
Compared with earlier readings it is up 65.4% on the previous year and down 0.8% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in British Columbia peaked at 1,331 Enterprises in 1991 and was at its lowest, 74 Enterprises, in 2021.
British Columbia ranks 48th of 77 regions on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Timely indicators of entrepreneurship by enterprise characteristics in British Columbia, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1987 | 1,318 Enterprises | — |
| 1988 | 1,224 Enterprises | -7.1% |
| 1989 | 1,073 Enterprises | -12.3% |
| 1990 | 1,207 Enterprises | +12.5% |
| 1991 | 1,331 Enterprises | +10.3% |
| 1992 | 1,093 Enterprises | -17.9% |
| 1993 | 905 Enterprises | -17.2% |
| 1994 | 863 Enterprises | -4.6% |
| 1995 | 1,001 Enterprises | +16.0% |
| 1996 | 1,000 Enterprises | -0.1% |
| 1997 | 995 Enterprises | -0.5% |
| 1998 | 1,153 Enterprises | +15.9% |
| 1999 | 1,229 Enterprises | +6.6% |
| 2000 | 1,182 Enterprises | -3.8% |
| 2001 | 1,280 Enterprises | +8.3% |
| 2002 | 1,331 Enterprises | +4.0% |
| 2003 | 1,178 Enterprises | -11.5% |
| 2004 | 1,077 Enterprises | -8.6% |
| 2005 | 910 Enterprises | -15.5% |
| 2006 | 712 Enterprises | -21.8% |
| 2007 | 579 Enterprises | -18.7% |
| 2008 | 540 Enterprises | -6.7% |
| 2009 | 485 Enterprises | -10.2% |
| 2010 | 283 Enterprises | -41.6% |
| 2011 | 243 Enterprises | -14.1% |
| 2012 | 268 Enterprises | +10.3% |
| 2013 | 255 Enterprises | -4.9% |
| 2014 | 256 Enterprises | +0.4% |
| 2015 | 222 Enterprises | -13.3% |
| 2016 | 199 Enterprises | -10.4% |
| 2017 | 145 Enterprises | -27.1% |
| 2018 | 103 Enterprises | -29.0% |
| 2019 | 127 Enterprises | +23.3% |
| 2020 | 128 Enterprises | +0.8% |
| 2021 | 74 Enterprises | -42.2% |
| 2022 | 153 Enterprises | +106.8% |
| 2023 | 253 Enterprises | +65.4% |
Biggest year-on-year movements
Years where Timely indicators of entrepreneurship by enterprise characteristics in British Columbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +106.8% | 74 Enterprises | 153 Enterprises |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1,205 Enterprises | 1,073 Enterprises | 1,318 Enterprises | 3 |
| 1990s | 1,078 Enterprises | 863 Enterprises | 1,331 Enterprises | 10 |
| 2000s | 927.4 Enterprises | 485 Enterprises | 1,331 Enterprises | 10 |
| 2010s | 210.1 Enterprises | 103 Enterprises | 283 Enterprises | 10 |
| 2020s | 152 Enterprises | 74 Enterprises | 253 Enterprises | 4 |
More economy & growth data for British Columbia
- Timely indicators of entrepreneurship by enterprise characteristics 33,231 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 93,953 Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in British Columbia?
- Timely indicators of entrepreneurship by enterprise characteristics in British Columbia was 253 Enterprises in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest timely indicators of entrepreneurship by enterprise characteristics recorded in British Columbia?
- The highest recorded value was 1,331 Enterprises in 1991.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in British Columbia?
- The lowest recorded value was 74 Enterprises in 2021.
- How does British Columbia rank for timely indicators of entrepreneurship by enterprise characteristics?
- British Columbia ranks 48th out of 77 regions with data for 2023.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in British Columbia?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is volatile.
- Where does this British Columbia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Timely indicators of entrepreneurship by enterprise characteristics — Business bankruptcies. Statizoid updates them automatically from the source API.
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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.