Timely indicators of entrepreneurship by enterprise characteristics in Canada

Canada: Timely indicators of entrepreneurship by enterprise characteristics was 539,858 Enterprises in 2024. ▲ Rising

Latest (2024)
539,858 Enterprises
Change on year
up 4.2%
World rank
5th
of 11 countries
All-time high
595,188 Enterprises
in 2020
All-time low
452,990 Enterprises
in 2003
Years of data
25
2000–2024

Timely indicators of entrepreneurship by enterprise characteristics in Canada, 2000–2024

0200.0k400.0k600.0k2000201220242000: 468.0k Enterprises2001: 464.2k Enterprises2002: 459.7k Enterprises2003: 453.0k Enterprises2004: 464.6k Enterprises2005: 499.8k Enterprises2006: 471.2k Enterprises2007: 500.4k Enterprises2008: 515.5k Enterprises2009: 490.6k Enterprises2010: 488.0k Enterprises2011: 494.8k Enterprises2012: 498.8k Enterprises2013: 492.3k Enterprises2014: 499.2k Enterprises2015: 454.1k Enterprises2016: 490.8k Enterprises2017: 481.1k Enterprises2018: 512.3k Enterprises2019: 500.3k Enterprises2020: 595.2k Enterprises2021: 482.0k Enterprises2022: 508.4k Enterprises2023: 518.3k Enterprises2024: 539.9k Enterprises

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

Analysis

In 2024, timely indicators of entrepreneurship by enterprise characteristics in Canada stood at 539,858 Enterprises.

Compared with earlier readings it is up 4.2% on the previous year and up 8.2% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Canada peaked at 595,188 Enterprises in 2020 and was at its lowest, 452,990 Enterprises, in 2003.

The long-run direction has been consistently rising across the 25 years of available data.

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

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business exits in Canada, 2000 to 2024.
Year Enterprises Change
2000 467,970 Enterprises
2001 464,220 Enterprises -0.8%
2002 459,720 Enterprises -1.0%
2003 452,990 Enterprises -1.5%
2004 464,560 Enterprises +2.6%
2005 499,760 Enterprises +7.6%
2006 471,190 Enterprises -5.7%
2007 500,370 Enterprises +6.2%
2008 515,540 Enterprises +3.0%
2009 490,610 Enterprises -4.8%
2010 488,000 Enterprises -0.5%
2011 494,830 Enterprises +1.4%
2012 498,820 Enterprises +0.8%
2013 492,330 Enterprises -1.3%
2014 499,170 Enterprises +1.4%
2015 454,080 Enterprises -9.0%
2016 490,813 Enterprises +8.1%
2017 481,062 Enterprises -2.0%
2018 512,301 Enterprises +6.5%
2019 500,291 Enterprises -2.3%
2020 595,188 Enterprises +19.0%
2021 482,043 Enterprises -19.0%
2022 508,441 Enterprises +5.5%
2023 518,277 Enterprises +1.9%
2024 539,858 Enterprises +4.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 478,693 Enterprises 452,990 Enterprises 515,540 Enterprises 10
2010s 491,170 Enterprises 454,080 Enterprises 512,301 Enterprises 10
2020s 528,761 Enterprises 482,043 Enterprises 595,188 Enterprises 5

Countries ranked near Canada

  1. 2 Puerto Rico 5.17 million Enterprises compare
  2. 3 United States of America 2.02 million Enterprises compare
  3. 4 Germany 619,067 Enterprises compare
  4. 6 United States Virgin Islands 484,000 Enterprises compare
  5. 7 Italy 285,979 Enterprises compare
  6. 8 Belgium 101,181 Enterprises compare

See the full ranking of 141 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Canada?
Timely indicators of entrepreneurship by enterprise characteristics in Canada was 539,858 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 595,188 Enterprises in 2020.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Canada?
The lowest recorded value was 452,990 Enterprises in 2003.
How does Canada rank for timely indicators of entrepreneurship by enterprise characteristics?
Canada ranks 5th out of 11 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 up 8.2%. The long-run trend across the full record is rising.
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 exits. Statizoid updates them automatically from the source API.

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Timely indicators of entrepreneurship by enterprise characteristics in Canada. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 07 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-exits/canada/

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About this data

Indicator
Timely indicators of entrepreneurship by enterprise characteristics — Business exits
Unit
Enterprises
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
141 places, 3,185 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.