Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador
Newfoundland and Labrador: Timely indicators of entrepreneurship by enterprise characteristics was 2,615 Enterprises in 2024. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador, 2015–2024
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 Newfoundland and Labrador is 2,615 Enterprises, measured in 2024.
That represents a change of up 7.4% on the previous year and down 9.8% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador peaked at 2,898 Enterprises in 2015 and was at its lowest, 1,949 Enterprises, in 2020.
Newfoundland and Labrador ranks 138th of 155 regions on this measure, in the bottom quarter.
Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador, year by year
| Year | Enterprises | Change |
|---|---|---|
| 2015 | 2,898 Enterprises | — |
| 2016 | 2,875 Enterprises | -0.8% |
| 2017 | 2,521 Enterprises | -12.3% |
| 2018 | 2,587 Enterprises | +2.6% |
| 2019 | 2,332 Enterprises | -9.9% |
| 2020 | 1,949 Enterprises | -16.4% |
| 2021 | 2,321 Enterprises | +19.1% |
| 2022 | 2,456 Enterprises | +5.8% |
| 2023 | 2,435 Enterprises | -0.9% |
| 2024 | 2,615 Enterprises | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2,643 Enterprises | 2,332 Enterprises | 2,898 Enterprises | 5 |
| 2020s | 2,355 Enterprises | 1,949 Enterprises | 2,615 Enterprises | 5 |
More economy & growth data for Newfoundland and Labrador
- Timely indicators of entrepreneurship by enterprise characteristics 7,394 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 29 Enterprises (2023)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador?
- Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador was 2,615 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 Newfoundland and Labrador?
- The highest recorded value was 2,898 Enterprises in 2015.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Newfoundland and Labrador?
- The lowest recorded value was 1,949 Enterprises in 2020.
- How does Newfoundland and Labrador rank for timely indicators of entrepreneurship by enterprise characteristics?
- Newfoundland and Labrador ranks 138th out of 155 regions with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Newfoundland and Labrador?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is falling.
- Where does this Newfoundland and Labrador 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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CSV · JSON — 10 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.