Timely indicators of entrepreneurship by enterprise characteristics in Utah

Utah: Timely indicators of entrepreneurship by enterprise characteristics was 18.88 million Enterprises in 2024. ▲ Rising

Latest (2024)
18.88 million Enterprises
Change on year
up 3.1%
Rank
21st
of 155 groups
All-time high
20.34 million Enterprises
in 2022
All-time low
7.39 million Enterprises
in 1994
Years of data
31
1994–2024

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

05.0M10.0M15.0M20.0M1994200920241994: 7.4M Enterprises1995: 7.9M Enterprises1996: 8.8M Enterprises1997: 8.9M Enterprises1998: 9.6M Enterprises1999: 9.7M Enterprises2000: 9.8M Enterprises2001: 9.6M Enterprises2002: 9.4M Enterprises2003: 9.9M Enterprises2004: 10.7M Enterprises2005: 11.4M Enterprises2006: 12.4M Enterprises2007: 11.5M Enterprises2008: 10.3M Enterprises2009: 8.7M Enterprises2010: 9.0M Enterprises2011: 9.5M Enterprises2012: 9.9M Enterprises2013: 9.8M Enterprises2014: 10.4M Enterprises2015: 11.1M Enterprises2016: 11.3M Enterprises2017: 12.1M Enterprises2018: 14.0M Enterprises2019: 14.0M Enterprises2020: 16.0M Enterprises2021: 19.3M Enterprises2022: 20.3M Enterprises2023: 18.3M Enterprises2024: 18.9M Enterprises

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

Analysis

In 2024, timely indicators of entrepreneurship by enterprise characteristics in Utah stood at 18.88 million Enterprises.

That represents a change of up 3.1% on the previous year and up 80.9% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Utah peaked at 20.34 million Enterprises in 2022 and was at its lowest, 7.39 million Enterprises, in 1994.

That places Utah 21st out of 155 groups with data for 2024, putting it in the top quarter.

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

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

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business entries in Utah, 1994 to 2024.
Year Enterprises Change
1994 7.39 million Enterprises
1995 7.86 million Enterprises +6.3%
1996 8.80 million Enterprises +12.0%
1997 8.89 million Enterprises +1.1%
1998 9.61 million Enterprises +8.1%
1999 9.67 million Enterprises +0.6%
2000 9.79 million Enterprises +1.2%
2001 9.63 million Enterprises -1.6%
2002 9.39 million Enterprises -2.5%
2003 9.90 million Enterprises +5.3%
2004 10.70 million Enterprises +8.1%
2005 11.45 million Enterprises +7.0%
2006 12.44 million Enterprises +8.7%
2007 11.51 million Enterprises -7.5%
2008 10.28 million Enterprises -10.6%
2009 8.72 million Enterprises -15.2%
2010 9.03 million Enterprises +3.5%
2011 9.47 million Enterprises +4.9%
2012 9.88 million Enterprises +4.3%
2013 9.76 million Enterprises -1.2%
2014 10.44 million Enterprises +6.9%
2015 11.08 million Enterprises +6.1%
2016 11.31 million Enterprises +2.1%
2017 12.06 million Enterprises +6.6%
2018 14.01 million Enterprises +16.1%
2019 13.96 million Enterprises -0.3%
2020 16.05 million Enterprises +14.9%
2021 19.32 million Enterprises +20.4%
2022 20.34 million Enterprises +5.2%
2023 18.31 million Enterprises -10.0%
2024 18.88 million Enterprises +3.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.70 million Enterprises 7.39 million Enterprises 9.67 million Enterprises 6
2000s 10.38 million Enterprises 8.72 million Enterprises 12.44 million Enterprises 10
2010s 11.10 million Enterprises 9.03 million Enterprises 14.01 million Enterprises 10
2020s 18.58 million Enterprises 16.05 million Enterprises 20.34 million Enterprises 5

Countries ranked near Utah

  1. 18 Denmark 25,401 Enterprises compare
  2. 19 Guadeloupe 8,178 Enterprises compare
  3. 20 Martinique 7,317 Enterprises compare
  4. 21 Iceland 4,058 Enterprises compare
  5. 22 French Guiana 3,540 Enterprises compare
  6. 23 Mayotte 1,519 Enterprises compare

See the full ranking of 178 places →

More economy & growth data for Utah

All data for Utah →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Utah?
Timely indicators of entrepreneurship by enterprise characteristics in Utah was 18.88 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 Utah?
The highest recorded value was 20.34 million Enterprises in 2022.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Utah?
The lowest recorded value was 7.39 million Enterprises in 1994.
How does Utah rank for timely indicators of entrepreneurship by enterprise characteristics?
Utah ranks 21st out of 155 groups with data for 2024.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Utah?
Over the last ten years it is up 80.9%. The long-run trend across the full record is rising.
Where does this Utah 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 Utah. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-entries/utah/

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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.