Timely indicators: Business entries in Canada
Canada: Timely indicators: Business entries was 190,472 Enterprises in 2024. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Canada, 2001–2024
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 Canada is 190,472 Enterprises, measured in 2024.
The figure is down 2.1% on the previous year and down 65.3% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Canada peaked at 605,220 Enterprises in 2007 and was at its lowest, 163,166 Enterprises, in 2020.
Canada ranks 7th of 23 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Timely indicators: Business entries in Canada, year by year
| Year | Enterprises | Change |
|---|---|---|
| 2001 | 507,200 Enterprises | — |
| 2002 | 507,290 Enterprises | +0.0% |
| 2003 | 514,310 Enterprises | +1.4% |
| 2004 | 573,050 Enterprises | +11.4% |
| 2005 | 573,670 Enterprises | +0.1% |
| 2006 | 564,060 Enterprises | -1.7% |
| 2007 | 605,220 Enterprises | +7.3% |
| 2008 | 588,300 Enterprises | -2.8% |
| 2009 | 547,690 Enterprises | -6.9% |
| 2010 | 551,800 Enterprises | +0.8% |
| 2011 | 553,710 Enterprises | +0.3% |
| 2012 | 555,010 Enterprises | +0.2% |
| 2013 | 539,120 Enterprises | -2.9% |
| 2014 | 549,040 Enterprises | +1.8% |
| 2015 | 191,166 Enterprises | -65.2% |
| 2016 | 190,159 Enterprises | -0.5% |
| 2017 | 183,814 Enterprises | -3.3% |
| 2018 | 197,990 Enterprises | +7.7% |
| 2019 | 181,637 Enterprises | -8.3% |
| 2020 | 163,166 Enterprises | -10.2% |
| 2021 | 192,034 Enterprises | +17.7% |
| 2022 | 199,156 Enterprises | +3.7% |
| 2023 | 194,584 Enterprises | -2.3% |
| 2024 | 190,472 Enterprises | -2.1% |
Canada compared with similar countries
- Canada's 190,472 Enterprises is above the median for high income countries, which is 112,304 Enterprises, 1.7× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Timely indicators: Business entries in Canada 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 |
|---|---|---|---|
| 2015 | -65.2% | 549,040 Enterprises | 191,166 Enterprises |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 553,421 Enterprises | 507,200 Enterprises | 605,220 Enterprises | 9 |
| 2010s | 369,345 Enterprises | 181,637 Enterprises | 555,010 Enterprises | 10 |
| 2020s | 187,882 Enterprises | 163,166 Enterprises | 199,156 Enterprises | 5 |
Countries ranked near Canada
More economy & growth data for Canada
- Real gdp growth, annual growth rate -14.81 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0101 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0258 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.65 % change on previous year (2025)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Canada?
- Timely indicators of entrepreneurship by enterprise characteristics in Canada was 190,472 Enterprises in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest timely indicators of entrepreneurship by enterprise characteristics recorded in Canada?
- The highest recorded value was 605,220 Enterprises in 2007.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Canada?
- The lowest recorded value was 163,166 Enterprises in 2020.
- How does Canada rank for timely indicators of entrepreneurship by enterprise characteristics?
- Canada ranks 7th out of 23 countries with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Canada?
- Over the last ten years it is down 65.3%. The long-run trend across the full record is falling.
- Where does this Canada 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 entries. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 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.