Timely indicators of entrepreneurship by enterprise characteristics in Finland

Finland: Timely indicators of entrepreneurship by enterprise characteristics was 3,488 Enterprises in 2024. ▼ Falling

Latest (2024)
3,488 Enterprises
Change on year
up 5.2%
World rank
10th
of 13 countries
All-time high
7,391 Enterprises
in 1992
All-time low
2,135 Enterprises
in 2020
Years of data
39
1986–2024

Timely indicators of entrepreneurship by enterprise characteristics in Finland, 1986–2024

2.0k4.0k6.0k8.0k1986200520241986: 2.5k Enterprises1987: 2.8k Enterprises1988: 2.6k Enterprises1989: 2.7k Enterprises1990: 3.6k Enterprises1991: 6.3k Enterprises1992: 7.4k Enterprises1993: 6.9k Enterprises1994: 5.5k Enterprises1995: 4.7k Enterprises1996: 4.3k Enterprises1997: 3.6k Enterprises1998: 3.1k Enterprises1999: 3.1k Enterprises2000: 2.9k Enterprises2001: 2.8k Enterprises2002: 2.9k Enterprises2003: 2.8k Enterprises2004: 2.4k Enterprises2005: 2.3k Enterprises2006: 2.3k Enterprises2007: 2.3k Enterprises2008: 2.6k Enterprises2009: 3.3k Enterprises2010: 2.9k Enterprises2011: 2.9k Enterprises2012: 3.0k Enterprises2013: 3.1k Enterprises2014: 3.0k Enterprises2015: 2.6k Enterprises2016: 2.4k Enterprises2017: 2.2k Enterprises2018: 2.5k Enterprises2019: 2.6k Enterprises2020: 2.1k Enterprises2021: 2.5k Enterprises2022: 2.7k Enterprises2023: 3.3k Enterprises2024: 3.5k Enterprises

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

Analysis

In 2024, timely indicators of entrepreneurship by enterprise characteristics in Finland stood at 3,488 Enterprises.

Compared with earlier readings it is up 5.2% on the previous year and up 16.8% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Finland peaked at 7,391 Enterprises in 1992 and was at its lowest, 2,135 Enterprises, in 2020.

The long-run direction has been consistently falling across the 39 years of available data.

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

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business bankruptcies in Finland, 1986 to 2024.
Year Enterprises Change
1986 2,503 Enterprises
1987 2,844 Enterprises +13.6%
1988 2,583 Enterprises -9.2%
1989 2,749 Enterprises +6.4%
1990 3,634 Enterprises +32.2%
1991 6,255 Enterprises +72.1%
1992 7,391 Enterprises +18.2%
1993 6,861 Enterprises -7.2%
1994 5,545 Enterprises -19.2%
1995 4,700 Enterprises -15.2%
1996 4,296 Enterprises -8.6%
1997 3,612 Enterprises -15.9%
1998 3,138 Enterprises -13.1%
1999 3,080 Enterprises -1.8%
2000 2,908 Enterprises -5.6%
2001 2,794 Enterprises -3.9%
2002 2,885 Enterprises +3.3%
2003 2,769 Enterprises -4.0%
2004 2,428 Enterprises -12.3%
2005 2,278 Enterprises -6.2%
2006 2,285 Enterprises +0.3%
2007 2,254 Enterprises -1.4%
2008 2,612 Enterprises +15.9%
2009 3,275 Enterprises +25.4%
2010 2,864 Enterprises -12.5%
2011 2,947 Enterprises +2.9%
2012 2,961 Enterprises +0.5%
2013 3,131 Enterprises +5.7%
2014 2,986 Enterprises -4.6%
2015 2,574 Enterprises -13.8%
2016 2,408 Enterprises -6.4%
2017 2,168 Enterprises -10.0%
2018 2,546 Enterprises +17.4%
2019 2,623 Enterprises +3.0%
2020 2,135 Enterprises -18.6%
2021 2,472 Enterprises +15.8%
2022 2,654 Enterprises +7.4%
2023 3,315 Enterprises +24.9%
2024 3,488 Enterprises +5.2%

Finland compared with similar countries

  • Finland's 3,488 Enterprises is below the median for high income countries, which is 5,589 Enterprises, 62% of the median. (13 countries reporting)
  • Finland's 3,488 Enterprises is below the median for Europe & Central Asia, which is 5,872 Enterprises, 59% of the median. (10 countries reporting)

Biggest year-on-year movements

Years where Timely indicators of entrepreneurship by enterprise characteristics in Finland 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.

YearChange FromTo
1991 +72.1% 3,634 Enterprises 6,255 Enterprises

Averages by decade

DecadeAverage LowestHighest Years
1980s 2,670 Enterprises 2,503 Enterprises 2,844 Enterprises 4
1990s 4,851 Enterprises 3,080 Enterprises 7,391 Enterprises 10
2000s 2,649 Enterprises 2,254 Enterprises 3,275 Enterprises 10
2010s 2,721 Enterprises 2,168 Enterprises 3,131 Enterprises 10
2020s 2,813 Enterprises 2,135 Enterprises 3,488 Enterprises 5

Countries ranked near Finland

  1. 7 Spain 5,589 Enterprises compare
  2. 8 Canada 4,810 Enterprises compare
  3. 9 Norway 4,543 Enterprises compare
  4. 11 Belgium 2,960 Enterprises compare
  5. 12 Iceland 1,222 Enterprises compare
  6. 13 Singapore 399 Enterprises compare

See the full ranking of 90 places →

More economy & growth data for Finland

All data for Finland →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Finland?
Timely indicators of entrepreneurship by enterprise characteristics in Finland was 3,488 Enterprises in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest timely indicators of entrepreneurship by enterprise characteristics recorded in Finland?
The highest recorded value was 7,391 Enterprises in 1992.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Finland?
The lowest recorded value was 2,135 Enterprises in 2020.
How does Finland rank for timely indicators of entrepreneurship by enterprise characteristics?
Finland ranks 10th out of 13 countries with data for 2024.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Finland?
Over the last ten years it is up 16.8%. The long-run trend across the full record is falling.
Where does this Finland 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 Finland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-bankruptcies/finland/

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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.