Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador
Newfoundland and Labrador: Timely indicators of entrepreneurship by enterprise characteristics was 29 Enterprises in 2023. ◆ Volatile
Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador, 1987–2023
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 Newfoundland and Labrador is 29 Enterprises, measured in 2023.
Compared with earlier readings it is up 141.7% on the previous year and down 9.4% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador peaked at 208 Enterprises in 1996 and was at its lowest, 10 Enterprises, in 2020.
Newfoundland and Labrador ranks 70th of 77 regions on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1987 | 51 Enterprises | — |
| 1988 | 48 Enterprises | -5.9% |
| 1989 | 64 Enterprises | +33.3% |
| 1990 | 95 Enterprises | +48.4% |
| 1991 | 151 Enterprises | +58.9% |
| 1992 | 172 Enterprises | +13.9% |
| 1993 | 149 Enterprises | -13.4% |
| 1994 | 135 Enterprises | -9.4% |
| 1995 | 187 Enterprises | +38.5% |
| 1996 | 208 Enterprises | +11.2% |
| 1997 | 177 Enterprises | -14.9% |
| 1998 | 120 Enterprises | -32.2% |
| 1999 | 76 Enterprises | -36.7% |
| 2000 | 121 Enterprises | +59.2% |
| 2001 | 106 Enterprises | -12.4% |
| 2002 | 83 Enterprises | -21.7% |
| 2003 | 63 Enterprises | -24.1% |
| 2004 | 59 Enterprises | -6.3% |
| 2005 | 60 Enterprises | +1.7% |
| 2006 | 46 Enterprises | -23.3% |
| 2007 | 54 Enterprises | +17.4% |
| 2008 | 40 Enterprises | -25.9% |
| 2009 | 34 Enterprises | -15.0% |
| 2010 | 23 Enterprises | -32.4% |
| 2011 | 26 Enterprises | +13.0% |
| 2012 | 19 Enterprises | -26.9% |
| 2013 | 32 Enterprises | +68.4% |
| 2014 | 30 Enterprises | -6.2% |
| 2015 | 27 Enterprises | -10.0% |
| 2016 | 28 Enterprises | +3.7% |
| 2017 | 36 Enterprises | +28.6% |
| 2018 | 24 Enterprises | -33.3% |
| 2019 | 41 Enterprises | +70.8% |
| 2020 | 10 Enterprises | -75.6% |
| 2021 | 12 Enterprises | +20.0% |
| 2022 | 12 Enterprises | +0.0% |
| 2023 | 29 Enterprises | +141.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 54.33 Enterprises | 48 Enterprises | 64 Enterprises | 3 |
| 1990s | 147 Enterprises | 76 Enterprises | 208 Enterprises | 10 |
| 2000s | 66.6 Enterprises | 34 Enterprises | 121 Enterprises | 10 |
| 2010s | 28.6 Enterprises | 19 Enterprises | 41 Enterprises | 10 |
| 2020s | 15.75 Enterprises | 10 Enterprises | 29 Enterprises | 4 |
More economy & growth data for Newfoundland and Labrador
- Timely indicators of entrepreneurship by enterprise characteristics 2,615 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 7,394 Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador?
- Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador was 29 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 Newfoundland and Labrador?
- The highest recorded value was 208 Enterprises in 1996.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Newfoundland and Labrador?
- The lowest recorded value was 10 Enterprises in 2020.
- How does Newfoundland and Labrador rank for timely indicators of entrepreneurship by enterprise characteristics?
- Newfoundland and Labrador ranks 70th out of 77 regions with data for 2023.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Newfoundland and Labrador?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is volatile.
- Where does this Newfoundland and Labrador 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.