Timely indicators of entrepreneurship by enterprise characteristics in Maryland

Maryland: Timely indicators of entrepreneurship by enterprise characteristics was 24.16 million Enterprises in 2024. ▲ Rising

Latest (2024)
24.16 million Enterprises
Change on year
up 16.4%
Rank
16th
of 155 groups
All-time high
24.16 million Enterprises
in 2024
All-time low
12.05 million Enterprises
in 2020
Years of data
31
1994–2024

Timely indicators of entrepreneurship by enterprise characteristics in Maryland, 1994–2024

05.0M10.0M15.0M20.0M25.0M1994200920241994: 13.9M Enterprises1995: 14.3M Enterprises1996: 15.3M Enterprises1997: 15.9M Enterprises1998: 15.6M Enterprises1999: 15.5M Enterprises2000: 14.8M Enterprises2001: 16.3M Enterprises2002: 15.5M Enterprises2003: 14.8M Enterprises2004: 16.4M Enterprises2005: 16.9M Enterprises2006: 16.1M Enterprises2007: 15.3M Enterprises2008: 15.0M Enterprises2009: 13.5M Enterprises2010: 14.1M Enterprises2011: 14.8M Enterprises2012: 15.1M Enterprises2013: 14.9M Enterprises2014: 15.2M Enterprises2015: 16.2M Enterprises2016: 15.5M Enterprises2017: 15.7M Enterprises2018: 15.6M Enterprises2019: 15.7M Enterprises2020: 12.1M Enterprises2021: 17.7M Enterprises2022: 22.3M Enterprises2023: 20.8M Enterprises2024: 24.2M Enterprises

Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.

Analysis

In 2024, timely indicators of entrepreneurship by enterprise characteristics in Maryland stood at 24.16 million Enterprises. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 16.4% on the previous year and up 58.8% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Maryland peaked at 24.16 million Enterprises in 2024 and was at its lowest, 12.05 million Enterprises, in 2020.

That places Maryland 16th out of 155 groups with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 31 years of available data.

Timely indicators of entrepreneurship by enterprise characteristics in Maryland, year by year

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business entries in Maryland, 1994 to 2024.
Year Enterprises Change
1994 13.88 million Enterprises
1995 14.32 million Enterprises +3.1%
1996 15.27 million Enterprises +6.6%
1997 15.92 million Enterprises +4.3%
1998 15.63 million Enterprises -1.8%
1999 15.47 million Enterprises -1.0%
2000 14.80 million Enterprises -4.3%
2001 16.26 million Enterprises +9.9%
2002 15.55 million Enterprises -4.4%
2003 14.79 million Enterprises -4.8%
2004 16.43 million Enterprises +11.1%
2005 16.89 million Enterprises +2.8%
2006 16.10 million Enterprises -4.7%
2007 15.27 million Enterprises -5.1%
2008 15.02 million Enterprises -1.6%
2009 13.45 million Enterprises -10.4%
2010 14.07 million Enterprises +4.5%
2011 14.84 million Enterprises +5.5%
2012 15.11 million Enterprises +1.8%
2013 14.90 million Enterprises -1.4%
2014 15.22 million Enterprises +2.2%
2015 16.18 million Enterprises +6.3%
2016 15.54 million Enterprises -4.0%
2017 15.74 million Enterprises +1.3%
2018 15.55 million Enterprises -1.2%
2019 15.70 million Enterprises +1.0%
2020 12.05 million Enterprises -23.3%
2021 17.73 million Enterprises +47.1%
2022 22.35 million Enterprises +26.1%
2023 20.76 million Enterprises -7.1%
2024 24.16 million Enterprises +16.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.08 million Enterprises 13.88 million Enterprises 15.92 million Enterprises 6
2000s 15.46 million Enterprises 13.45 million Enterprises 16.89 million Enterprises 10
2010s 15.28 million Enterprises 14.07 million Enterprises 16.18 million Enterprises 10
2020s 19.41 million Enterprises 12.05 million Enterprises 24.16 million Enterprises 5

Countries ranked near Maryland

  1. 13 Singapore 71,639 Enterprises compare
  2. 14 Sweden 70,611 Enterprises compare
  3. 15 Norway 62,388 Enterprises compare
  4. 16 Finland 42,794 Enterprises compare
  5. 17 Austria 39,965 Enterprises compare
  6. 18 Denmark 25,401 Enterprises compare
  7. 19 Guadeloupe 8,178 Enterprises compare

See the full ranking of 178 places →

More economy & growth data for Maryland

All data for Maryland →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Maryland?
Timely indicators of entrepreneurship by enterprise characteristics in Maryland was 24.16 million 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 Maryland?
The highest recorded value was 24.16 million Enterprises in 2024.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Maryland?
The lowest recorded value was 12.05 million Enterprises in 2020.
How does Maryland rank for timely indicators of entrepreneurship by enterprise characteristics?
Maryland ranks 16th out of 155 groups with data for 2024.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Maryland?
Over the last ten years it is up 58.8%. The long-run trend across the full record is rising.
Where does this Maryland 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.

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Timely indicators of entrepreneurship by enterprise characteristics in Maryland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-entries/maryland/

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About this data

Indicator
Timely indicators of entrepreneurship by enterprise characteristics — Business entries
Unit
Enterprises
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
178 places, 3,886 data points, 1970–2024
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.