Timely indicators of entrepreneurship by enterprise characteristics in Canada

Canada: Timely indicators of entrepreneurship by enterprise characteristics was 4,810 Enterprises in 2023. ▼ Falling

Latest (2023)
4,810 Enterprises
Change on year
up 41.4%
World rank
8th
of 13 countries
All-time high
14,820 Enterprises
in 1996
All-time low
2,480 Enterprises
in 2021
Years of data
37
1987–2023

Timely indicators of entrepreneurship by enterprise characteristics in Canada, 1987–2023

2.5k5.0k7.5k10.0k12.5k15.0k1987200520231987: 7.9k Enterprises1988: 8.3k Enterprises1989: 8.9k Enterprises1990: 12.0k Enterprises1991: 13.9k Enterprises1992: 14.7k Enterprises1993: 13.3k Enterprises1994: 12.2k Enterprises1995: 13.8k Enterprises1996: 14.8k Enterprises1997: 13.4k Enterprises1998: 12.1k Enterprises1999: 11.6k Enterprises2000: 11.8k Enterprises2001: 12.2k Enterprises2002: 11.4k Enterprises2003: 10.7k Enterprises2004: 9.9k Enterprises2005: 9.2k Enterprises2006: 8.2k Enterprises2007: 7.6k Enterprises2008: 7.4k Enterprises2009: 6.7k Enterprises2010: 5.2k Enterprises2011: 4.8k Enterprises2012: 4.4k Enterprises2013: 4.3k Enterprises2014: 4.2k Enterprises2015: 4.1k Enterprises2016: 3.8k Enterprises2017: 3.6k Enterprises2018: 3.6k Enterprises2019: 3.7k Enterprises2020: 2.8k Enterprises2021: 2.5k Enterprises2022: 3.4k Enterprises2023: 4.8k Enterprises

Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.

Analysis

The most recent figure for timely indicators of entrepreneurship by enterprise characteristics in Canada is 4,810 Enterprises, measured in 2023.

Compared with earlier readings it is up 41.4% on the previous year and up 12.4% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Canada peaked at 14,820 Enterprises in 1996 and was at its lowest, 2,480 Enterprises, in 2021.

The long-run direction has been consistently falling across the 37 years of available data.

Timely indicators of entrepreneurship by enterprise characteristics in Canada, year by year

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business bankruptcies in Canada, 1987 to 2023.
Year Enterprises Change
1987 7,947 Enterprises
1988 8,324 Enterprises +4.7%
1989 8,934 Enterprises +7.3%
1990 12,032 Enterprises +34.7%
1991 13,870 Enterprises +15.3%
1992 14,693 Enterprises +5.9%
1993 13,325 Enterprises -9.3%
1994 12,241 Enterprises -8.1%
1995 13,801 Enterprises +12.7%
1996 14,820 Enterprises +7.4%
1997 13,404 Enterprises -9.6%
1998 12,124 Enterprises -9.5%
1999 11,601 Enterprises -4.3%
2000 11,821 Enterprises +1.9%
2001 12,248 Enterprises +3.6%
2002 11,372 Enterprises -7.2%
2003 10,678 Enterprises -6.1%
2004 9,867 Enterprises -7.6%
2005 9,180 Enterprises -7.0%
2006 8,171 Enterprises -11.0%
2007 7,612 Enterprises -6.8%
2008 7,445 Enterprises -2.2%
2009 6,729 Enterprises -9.6%
2010 5,226 Enterprises -22.3%
2011 4,775 Enterprises -8.6%
2012 4,353 Enterprises -8.8%
2013 4,281 Enterprises -1.7%
2014 4,219 Enterprises -1.4%
2015 4,107 Enterprises -2.7%
2016 3,849 Enterprises -6.3%
2017 3,609 Enterprises -6.2%
2018 3,580 Enterprises -0.8%
2019 3,680 Enterprises +2.8%
2020 2,786 Enterprises -24.3%
2021 2,480 Enterprises -11.0%
2022 3,402 Enterprises +37.2%
2023 4,810 Enterprises +41.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 8,402 Enterprises 7,947 Enterprises 8,934 Enterprises 3
1990s 13,191 Enterprises 11,601 Enterprises 14,820 Enterprises 10
2000s 9,512 Enterprises 6,729 Enterprises 12,248 Enterprises 10
2010s 4,168 Enterprises 3,580 Enterprises 5,226 Enterprises 10
2020s 3,370 Enterprises 2,480 Enterprises 4,810 Enterprises 4

Countries ranked near Canada

  1. 5 Italy 7,572 Enterprises compare
  2. 6 Denmark 6,155 Enterprises compare
  3. 7 Spain 5,589 Enterprises compare
  4. 9 Norway 4,543 Enterprises compare
  5. 10 Finland 3,488 Enterprises compare
  6. 11 Belgium 2,960 Enterprises compare

See the full ranking of 90 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Canada?
Timely indicators of entrepreneurship by enterprise characteristics in Canada was 4,810 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 Canada?
The highest recorded value was 14,820 Enterprises in 1996.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Canada?
The lowest recorded value was 2,480 Enterprises in 2021.
How does Canada rank for timely indicators of entrepreneurship by enterprise characteristics?
Canada ranks 8th out of 13 countries with data for 2023.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Canada?
Over the last ten years it is up 12.4%. The long-run trend across the full record is falling.
Where does this Canada 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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Timely indicators of entrepreneurship by enterprise characteristics in Canada. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-bankruptcies/canada/

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About this data

Indicator
Timely indicators of entrepreneurship by enterprise characteristics — Business bankruptcies
Unit
Enterprises
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
90 places, 2,104 data points, 1981–2024
Last refreshed

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.