Timely indicators of entrepreneurship by enterprise characteristics in Ontario
Ontario: Timely indicators of entrepreneurship by enterprise characteristics was 1,280 Enterprises in 2023. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Ontario, 1987–2023
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
In 2023, timely indicators of entrepreneurship by enterprise characteristics in Ontario stood at 1,280 Enterprises.
That represents a change of up 41.3% on the previous year and up 4.9% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Ontario peaked at 4,337 Enterprises in 1992 and was at its lowest, 613 Enterprises, in 2021.
That places Ontario 15th out of 77 regions with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 37 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Ontario, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1987 | 1,775 Enterprises | — |
| 1988 | 1,790 Enterprises | +0.8% |
| 1989 | 1,726 Enterprises | -3.6% |
| 1990 | 2,967 Enterprises | +71.9% |
| 1991 | 3,714 Enterprises | +25.2% |
| 1992 | 4,337 Enterprises | +16.8% |
| 1993 | 4,230 Enterprises | -2.5% |
| 1994 | 3,464 Enterprises | -18.1% |
| 1995 | 3,531 Enterprises | +1.9% |
| 1996 | 3,606 Enterprises | +2.1% |
| 1997 | 3,613 Enterprises | +0.2% |
| 1998 | 3,489 Enterprises | -3.4% |
| 1999 | 3,395 Enterprises | -2.7% |
| 2000 | 3,468 Enterprises | +2.2% |
| 2001 | 3,847 Enterprises | +10.9% |
| 2002 | 3,452 Enterprises | -10.3% |
| 2003 | 3,397 Enterprises | -1.6% |
| 2004 | 3,111 Enterprises | -8.4% |
| 2005 | 3,310 Enterprises | +6.4% |
| 2006 | 3,128 Enterprises | -5.5% |
| 2007 | 3,041 Enterprises | -2.8% |
| 2008 | 2,852 Enterprises | -6.2% |
| 2009 | 2,559 Enterprises | -10.3% |
| 2010 | 1,860 Enterprises | -27.3% |
| 2011 | 1,614 Enterprises | -13.2% |
| 2012 | 1,361 Enterprises | -15.7% |
| 2013 | 1,220 Enterprises | -10.4% |
| 2014 | 1,090 Enterprises | -10.7% |
| 2015 | 1,141 Enterprises | +4.7% |
| 2016 | 940 Enterprises | -17.6% |
| 2017 | 878 Enterprises | -6.6% |
| 2018 | 937 Enterprises | +6.7% |
| 2019 | 902 Enterprises | -3.7% |
| 2020 | 759 Enterprises | -15.9% |
| 2021 | 613 Enterprises | -19.2% |
| 2022 | 906 Enterprises | +47.8% |
| 2023 | 1,280 Enterprises | +41.3% |
Biggest year-on-year movements
Years where Timely indicators of entrepreneurship by enterprise characteristics in Ontario 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.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +71.9% | 1,726 Enterprises | 2,967 Enterprises |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1,764 Enterprises | 1,726 Enterprises | 1,790 Enterprises | 3 |
| 1990s | 3,635 Enterprises | 2,967 Enterprises | 4,337 Enterprises | 10 |
| 2000s | 3,216 Enterprises | 2,559 Enterprises | 3,847 Enterprises | 10 |
| 2010s | 1,194 Enterprises | 878 Enterprises | 1,860 Enterprises | 10 |
| 2020s | 889.5 Enterprises | 613 Enterprises | 1,280 Enterprises | 4 |
Countries ranked near Ontario
More economy & growth data for Ontario
- Timely indicators of entrepreneurship by enterprise characteristics 79,320 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 222,534 Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Ontario?
- Timely indicators of entrepreneurship by enterprise characteristics in Ontario was 1,280 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 Ontario?
- The highest recorded value was 4,337 Enterprises in 1992.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Ontario?
- The lowest recorded value was 613 Enterprises in 2021.
- How does Ontario rank for timely indicators of entrepreneurship by enterprise characteristics?
- Ontario ranks 15th out of 77 regions with data for 2023.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Ontario?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is falling.
- Where does this Ontario 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.
Download this data
CSV · JSON — 37 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.