Timely indicators of entrepreneurship by enterprise characteristics in Lower Saxony
Lower Saxony: Timely indicators of entrepreneurship by enterprise characteristics was 1,824 Enterprises in 2024. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Lower Saxony, 2003–2024
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
Lower Saxony recorded 1,824 Enterprises for timely indicators of entrepreneurship by enterprise characteristics in 2024.
Compared with earlier readings it is up 33.5% on the previous year and down 16.6% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Lower Saxony peaked at 3,290 Enterprises in 2005 and was at its lowest, 1,071 Enterprises, in 2021.
That places Lower Saxony 9th out of 77 regions with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Lower Saxony, year by year
| Year | Enterprises | Change |
|---|---|---|
| 2003 | 3,115 Enterprises | — |
| 2004 | 3,166 Enterprises | +1.6% |
| 2005 | 3,290 Enterprises | +3.9% |
| 2006 | 2,999 Enterprises | -8.8% |
| 2007 | 2,507 Enterprises | -16.4% |
| 2008 | 2,333 Enterprises | -6.9% |
| 2009 | 2,618 Enterprises | +12.2% |
| 2010 | 2,506 Enterprises | -4.3% |
| 2011 | 2,472 Enterprises | -1.4% |
| 2012 | 2,314 Enterprises | -6.4% |
| 2013 | 2,227 Enterprises | -3.8% |
| 2014 | 2,186 Enterprises | -1.8% |
| 2015 | 1,853 Enterprises | -15.2% |
| 2016 | 1,850 Enterprises | -0.2% |
| 2017 | 1,710 Enterprises | -7.6% |
| 2018 | 1,623 Enterprises | -5.1% |
| 2019 | 1,490 Enterprises | -8.2% |
| 2020 | 1,275 Enterprises | -14.4% |
| 2021 | 1,071 Enterprises | -16.0% |
| 2022 | 1,164 Enterprises | +8.7% |
| 2023 | 1,366 Enterprises | +17.4% |
| 2024 | 1,824 Enterprises | +33.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,861 Enterprises | 2,333 Enterprises | 3,290 Enterprises | 7 |
| 2010s | 2,023 Enterprises | 1,490 Enterprises | 2,506 Enterprises | 10 |
| 2020s | 1,340 Enterprises | 1,071 Enterprises | 1,824 Enterprises | 5 |
Countries ranked near Lower Saxony
More economy & growth data for Lower Saxony
- Timely indicators of entrepreneurship by enterprise characteristics 65,922 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 53,226 Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Lower Saxony?
- Timely indicators of entrepreneurship by enterprise characteristics in Lower Saxony was 1,824 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 Lower Saxony?
- The highest recorded value was 3,290 Enterprises in 2005.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Lower Saxony?
- The lowest recorded value was 1,071 Enterprises in 2021.
- How does Lower Saxony rank for timely indicators of entrepreneurship by enterprise characteristics?
- Lower Saxony ranks 9th out of 77 regions with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Lower Saxony?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is falling.
- Where does this Lower Saxony 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.