Timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia
Nova Scotia: Timely indicators of entrepreneurship by enterprise characteristics was 42 Enterprises in 2023. ◆ Volatile
Timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia, 1987–2023
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
In 2023, timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia stood at 42 Enterprises.
Compared with earlier readings it is up 55.6% on the previous year and down 62.2% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia peaked at 841 Enterprises in 1992 and was at its lowest, 17 Enterprises, in 2021.
That places Nova Scotia 68th out of 77 regions with data for 2023, putting it 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 Nova Scotia, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1987 | 207 Enterprises | — |
| 1988 | 210 Enterprises | +1.4% |
| 1989 | 294 Enterprises | +40.0% |
| 1990 | 493 Enterprises | +67.7% |
| 1991 | 671 Enterprises | +36.1% |
| 1992 | 841 Enterprises | +25.3% |
| 1993 | 568 Enterprises | -32.5% |
| 1994 | 522 Enterprises | -8.1% |
| 1995 | 580 Enterprises | +11.1% |
| 1996 | 702 Enterprises | +21.0% |
| 1997 | 713 Enterprises | +1.6% |
| 1998 | 380 Enterprises | -46.7% |
| 1999 | 311 Enterprises | -18.2% |
| 2000 | 402 Enterprises | +29.3% |
| 2001 | 443 Enterprises | +10.2% |
| 2002 | 337 Enterprises | -23.9% |
| 2003 | 307 Enterprises | -8.9% |
| 2004 | 283 Enterprises | -7.8% |
| 2005 | 301 Enterprises | +6.4% |
| 2006 | 260 Enterprises | -13.6% |
| 2007 | 228 Enterprises | -12.3% |
| 2008 | 193 Enterprises | -15.4% |
| 2009 | 166 Enterprises | -14.0% |
| 2010 | 167 Enterprises | +0.6% |
| 2011 | 113 Enterprises | -32.3% |
| 2012 | 106 Enterprises | -6.2% |
| 2013 | 111 Enterprises | +4.7% |
| 2014 | 77 Enterprises | -30.6% |
| 2015 | 93 Enterprises | +20.8% |
| 2016 | 75 Enterprises | -19.4% |
| 2017 | 49 Enterprises | -34.7% |
| 2018 | 47 Enterprises | -4.1% |
| 2019 | 59 Enterprises | +25.5% |
| 2020 | 19 Enterprises | -67.8% |
| 2021 | 17 Enterprises | -10.5% |
| 2022 | 27 Enterprises | +58.8% |
| 2023 | 42 Enterprises | +55.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 237 Enterprises | 207 Enterprises | 294 Enterprises | 3 |
| 1990s | 578.1 Enterprises | 311 Enterprises | 841 Enterprises | 10 |
| 2000s | 292 Enterprises | 166 Enterprises | 443 Enterprises | 10 |
| 2010s | 89.7 Enterprises | 47 Enterprises | 167 Enterprises | 10 |
| 2020s | 26.25 Enterprises | 17 Enterprises | 42 Enterprises | 4 |
More economy & growth data for Nova Scotia
- Timely indicators of entrepreneurship by enterprise characteristics 4,277 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 11,399 Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia?
- Timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia was 42 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 Nova Scotia?
- The highest recorded value was 841 Enterprises in 1992.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Nova Scotia?
- The lowest recorded value was 17 Enterprises in 2021.
- How does Nova Scotia rank for timely indicators of entrepreneurship by enterprise characteristics?
- Nova Scotia ranks 68th out of 77 regions with data for 2023.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Nova Scotia?
- Over the last ten years it is down 62.2%. The long-run trend across the full record is volatile.
- Where does this Nova Scotia 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.