Timely indicators of entrepreneurship by enterprise characteristics in Georgia
Georgia: Timely indicators of entrepreneurship by enterprise characteristics was 70.24 million Enterprises in 2024. ▲ Rising
Timely indicators of entrepreneurship by enterprise characteristics in Georgia, 1993–2024
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
In 2024, timely indicators of entrepreneurship by enterprise characteristics in Georgia stood at 70.24 million Enterprises. That is the highest value across all 32 years on record.
That represents a change of up 1.5% on the previous year and up 47.3% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Georgia peaked at 70.24 million Enterprises in 2024 and was at its lowest, 26.63 million Enterprises, in 1993.
The long-run direction has been consistently rising across the 32 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Georgia, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1993 | 26.63 million Enterprises | — |
| 1994 | 28.52 million Enterprises | +7.1% |
| 1995 | 30.88 million Enterprises | +8.3% |
| 1996 | 33.55 million Enterprises | +8.6% |
| 1997 | 37.93 million Enterprises | +13.1% |
| 1998 | 42.75 million Enterprises | +12.7% |
| 1999 | 42.46 million Enterprises | -0.7% |
| 2000 | 42.18 million Enterprises | -0.6% |
| 2001 | 47.12 million Enterprises | +11.7% |
| 2002 | 41.60 million Enterprises | -11.7% |
| 2003 | 41.20 million Enterprises | -1.0% |
| 2004 | 51.52 million Enterprises | +25.1% |
| 2005 | 53.09 million Enterprises | +3.1% |
| 2006 | 60.27 million Enterprises | +13.5% |
| 2007 | 60.91 million Enterprises | +1.1% |
| 2008 | 61.62 million Enterprises | +1.2% |
| 2009 | 60.25 million Enterprises | -2.2% |
| 2010 | 54.82 million Enterprises | -9.0% |
| 2011 | 52.80 million Enterprises | -3.7% |
| 2012 | 52.04 million Enterprises | -1.4% |
| 2013 | 49.98 million Enterprises | -4.0% |
| 2014 | 47.67 million Enterprises | -4.6% |
| 2015 | 46.89 million Enterprises | -1.7% |
| 2016 | 49.52 million Enterprises | +5.6% |
| 2017 | 51.31 million Enterprises | +3.6% |
| 2018 | 52.92 million Enterprises | +3.1% |
| 2019 | 51.88 million Enterprises | -2.0% |
| 2020 | 65.24 million Enterprises | +25.7% |
| 2021 | 56.55 million Enterprises | -13.3% |
| 2022 | 65.46 million Enterprises | +15.8% |
| 2023 | 69.18 million Enterprises | +5.7% |
| 2024 | 70.24 million Enterprises | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.67 million Enterprises | 26.63 million Enterprises | 42.75 million Enterprises | 7 |
| 2000s | 51.98 million Enterprises | 41.20 million Enterprises | 61.62 million Enterprises | 10 |
| 2010s | 50.98 million Enterprises | 46.89 million Enterprises | 54.82 million Enterprises | 10 |
| 2020s | 65.33 million Enterprises | 56.55 million Enterprises | 70.24 million Enterprises | 5 |
Countries ranked near Georgia
- 2 Puerto Rico 5.17 million Enterprises compare
- 3 United States of America 2.02 million Enterprises compare
- 4 Germany 619,067 Enterprises compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 33.95 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1351 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,310 current US$ per person (2025)
- General government final consumption expenditure (current US$) 19.79 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1385 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,342 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 20.73 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.3797 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Georgia?
- Timely indicators of entrepreneurship by enterprise characteristics in Georgia was 70.24 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 Georgia?
- The highest recorded value was 70.24 million Enterprises in 2024.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Georgia?
- The lowest recorded value was 26.63 million Enterprises in 1993.
- How does Georgia rank for timely indicators of entrepreneurship by enterprise characteristics?
- Georgia ranks 1st out of 11 countries with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Georgia?
- Over the last ten years it is up 47.3%. The long-run trend across the full record is rising.
- Where does this Georgia 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.
Download this data
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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.