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
Timely indicators of entrepreneurship by enterprise characteristics in Prince Edward Island, 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 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
| 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
| Decade | Average | Lowest | Highest | 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
- Timely indicators of entrepreneurship by enterprise characteristics 950 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 2,659 Enterprises (2024)
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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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.