Timely indicators of entrepreneurship by enterprise characteristics in Singapore
Singapore: Timely indicators of entrepreneurship by enterprise characteristics was 71,639 Enterprises in 2024. ◆ Volatile
Timely indicators of entrepreneurship by enterprise characteristics in Singapore, 1970–2024
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 Singapore is 71,639 Enterprises, measured in 2024.
That represents a change of up 1.8% on the previous year and down 7.4% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Singapore peaked at 77,380 Enterprises in 2014 and was at its lowest, 1,336 Enterprises, in 1970.
That places Singapore 13th out of 23 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Timely indicators of entrepreneurship by enterprise characteristics in Singapore, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1970 | 1,336 Enterprises | — |
| 1971 | 1,581 Enterprises | +18.3% |
| 1972 | 1,973 Enterprises | +24.8% |
| 1973 | 2,581 Enterprises | +30.8% |
| 1974 | 10,515 Enterprises | +307.4% |
| 1975 | 26,413 Enterprises | +151.2% |
| 1976 | 7,691 Enterprises | -70.9% |
| 1977 | 8,239 Enterprises | +7.1% |
| 1978 | 13,404 Enterprises | +62.7% |
| 1979 | 17,387 Enterprises | +29.7% |
| 1980 | 14,777 Enterprises | -15.0% |
| 1981 | 19,485 Enterprises | +31.9% |
| 1982 | 20,030 Enterprises | +2.8% |
| 1983 | 22,800 Enterprises | +13.8% |
| 1984 | 22,507 Enterprises | -1.3% |
| 1985 | 17,248 Enterprises | -23.4% |
| 1986 | 18,791 Enterprises | +8.9% |
| 1987 | 20,485 Enterprises | +9.0% |
| 1988 | 21,746 Enterprises | +6.2% |
| 1989 | 22,661 Enterprises | +4.2% |
| 1990 | 24,101 Enterprises | +6.4% |
| 1991 | 25,757 Enterprises | +6.9% |
| 1992 | 27,108 Enterprises | +5.2% |
| 1993 | 30,289 Enterprises | +11.7% |
| 1994 | 31,453 Enterprises | +3.8% |
| 1995 | 31,182 Enterprises | -0.9% |
| 1996 | 32,785 Enterprises | +5.1% |
| 1997 | 32,149 Enterprises | -1.9% |
| 1998 | 29,921 Enterprises | -6.9% |
| 1999 | 34,926 Enterprises | +16.7% |
| 2000 | 36,446 Enterprises | +4.4% |
| 2001 | 33,206 Enterprises | -8.9% |
| 2002 | 36,610 Enterprises | +10.3% |
| 2003 | 39,339 Enterprises | +7.5% |
| 2004 | 42,253 Enterprises | +7.4% |
| 2005 | 42,953 Enterprises | +1.7% |
| 2006 | 45,574 Enterprises | +6.1% |
| 2007 | 49,733 Enterprises | +9.1% |
| 2008 | 49,884 Enterprises | +0.3% |
| 2009 | 53,227 Enterprises | +6.7% |
| 2010 | 53,721 Enterprises | +0.9% |
| 2011 | 55,776 Enterprises | +3.8% |
| 2012 | 56,749 Enterprises | +1.7% |
| 2013 | 60,201 Enterprises | +6.1% |
| 2014 | 77,380 Enterprises | +28.5% |
| 2015 | 64,902 Enterprises | -16.1% |
| 2016 | 64,931 Enterprises | +0.0% |
| 2017 | 62,113 Enterprises | -4.3% |
| 2018 | 61,804 Enterprises | -0.5% |
| 2019 | 61,573 Enterprises | -0.4% |
| 2020 | 63,480 Enterprises | +3.1% |
| 2021 | 65,438 Enterprises | +3.1% |
| 2022 | 64,305 Enterprises | -1.7% |
| 2023 | 70,401 Enterprises | +9.5% |
| 2024 | 71,639 Enterprises | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,112 Enterprises | 1,336 Enterprises | 26,413 Enterprises | 10 |
| 1980s | 20,053 Enterprises | 14,777 Enterprises | 22,800 Enterprises | 10 |
| 1990s | 29,967 Enterprises | 24,101 Enterprises | 34,926 Enterprises | 10 |
| 2000s | 42,922 Enterprises | 33,206 Enterprises | 53,227 Enterprises | 10 |
| 2010s | 61,915 Enterprises | 53,721 Enterprises | 77,380 Enterprises | 10 |
| 2020s | 67,053 Enterprises | 63,480 Enterprises | 71,639 Enterprises | 5 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Singapore?
- Timely indicators of entrepreneurship by enterprise characteristics in Singapore was 71,639 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 Singapore?
- The highest recorded value was 77,380 Enterprises in 2014.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Singapore?
- The lowest recorded value was 1,336 Enterprises in 1970.
- How does Singapore rank for timely indicators of entrepreneurship by enterprise characteristics?
- Singapore ranks 13th out of 23 countries with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Singapore?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is volatile.
- Where does this Singapore 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 — 55 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.