Timely indicators of entrepreneurship by enterprise characteristics in Prince Edward Island

Prince Edward Island: Timely indicators of entrepreneurship by enterprise characteristics was 1 Enterprises in 2023. ◆ Volatile

Latest (2023)
1 Enterprises
Change on year
down 66.7%
Rank
74th
of 77 regions
All-time high
76 Enterprises
in 1997
All-time low
1 Enterprises
in 2023
Years of data
37
1987–2023

Timely indicators of entrepreneurship by enterprise characteristics in Prince Edward Island, 1987–2023

0204060801987200520231987: 6 Enterprises1988: 10 Enterprises1989: 6 Enterprises1990: 18 Enterprises1991: 25 Enterprises1992: 39 Enterprises1993: 39 Enterprises1994: 43 Enterprises1995: 44 Enterprises1996: 58 Enterprises1997: 76 Enterprises1998: 35 Enterprises1999: 42 Enterprises2000: 28 Enterprises2001: 33 Enterprises2002: 38 Enterprises2003: 36 Enterprises2004: 40 Enterprises2005: 42 Enterprises2006: 43 Enterprises2007: 37 Enterprises2008: 20 Enterprises2009: 31 Enterprises2010: 22 Enterprises2011: 17 Enterprises2012: 17 Enterprises2013: 23 Enterprises2014: 18 Enterprises2015: 16 Enterprises2016: 13 Enterprises2017: 12 Enterprises2018: 4 Enterprises2019: 10 Enterprises2020: 2 Enterprises2021: 4 Enterprises2022: 3 Enterprises2023: 1 Enterprises

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 Prince Edward Island is 1 Enterprises, measured in 2023. That is the lowest value across all 37 years on record.

The figure is down 66.7% on the previous year and down 95.7% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Prince Edward Island peaked at 76 Enterprises in 1997 and was at its lowest, 1 Enterprises, in 2023.

That places Prince Edward Island 74th 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 Prince Edward Island, year by year

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business bankruptcies in Prince Edward Island, 1987 to 2023.
Year Enterprises Change
1987 6 Enterprises
1988 10 Enterprises +66.7%
1989 6 Enterprises -40.0%
1990 18 Enterprises +200.0%
1991 25 Enterprises +38.9%
1992 39 Enterprises +56.0%
1993 39 Enterprises +0.0%
1994 43 Enterprises +10.3%
1995 44 Enterprises +2.3%
1996 58 Enterprises +31.8%
1997 76 Enterprises +31.0%
1998 35 Enterprises -53.9%
1999 42 Enterprises +20.0%
2000 28 Enterprises -33.3%
2001 33 Enterprises +17.9%
2002 38 Enterprises +15.2%
2003 36 Enterprises -5.3%
2004 40 Enterprises +11.1%
2005 42 Enterprises +5.0%
2006 43 Enterprises +2.4%
2007 37 Enterprises -14.0%
2008 20 Enterprises -45.9%
2009 31 Enterprises +55.0%
2010 22 Enterprises -29.0%
2011 17 Enterprises -22.7%
2012 17 Enterprises +0.0%
2013 23 Enterprises +35.3%
2014 18 Enterprises -21.7%
2015 16 Enterprises -11.1%
2016 13 Enterprises -18.8%
2017 12 Enterprises -7.7%
2018 4 Enterprises -66.7%
2019 10 Enterprises +150.0%
2020 2 Enterprises -80.0%
2021 4 Enterprises +100.0%
2022 3 Enterprises -25.0%
2023 1 Enterprises -66.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.33 Enterprises 6 Enterprises 10 Enterprises 3
1990s 41.9 Enterprises 18 Enterprises 76 Enterprises 10
2000s 34.8 Enterprises 20 Enterprises 43 Enterprises 10
2010s 15.2 Enterprises 4 Enterprises 23 Enterprises 10
2020s 2.5 Enterprises 1 Enterprises 4 Enterprises 4

More economy & growth data for Prince Edward Island

All data for Prince Edward Island →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Prince Edward Island?
Timely indicators of entrepreneurship by enterprise characteristics in Prince Edward Island was 1 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 Prince Edward Island?
The highest recorded value was 76 Enterprises in 1997.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Prince Edward Island?
The lowest recorded value was 1 Enterprises in 2023.
How does Prince Edward Island rank for timely indicators of entrepreneurship by enterprise characteristics?
Prince Edward Island ranks 74th out of 77 regions with data for 2023.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Prince Edward Island?
Over the last ten years it is down 95.7%. The long-run trend across the full record is volatile.
Where does this Prince Edward Island 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 Prince Edward Island. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-bankruptcies/prince-edward-island/

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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.