Timely indicators of entrepreneurship by enterprise characteristics in Illinois
Illinois: Timely indicators of entrepreneurship by enterprise characteristics was 69.02 million Enterprises in 2024. ▲ Rising
Timely indicators of entrepreneurship by enterprise characteristics in Illinois, 1993–2024
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 Illinois is 69.02 million Enterprises, measured in 2024.
The figure is down 1.9% on the previous year and up 18.4% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Illinois peaked at 86.30 million Enterprises in 2020 and was at its lowest, 44.95 million Enterprises, in 1993.
That places Illinois 5th out of 130 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Illinois, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1993 | 44.95 million Enterprises | — |
| 1994 | 45.67 million Enterprises | +1.6% |
| 1995 | 47.00 million Enterprises | +2.9% |
| 1996 | 47.45 million Enterprises | +0.9% |
| 1997 | 48.74 million Enterprises | +2.7% |
| 1998 | 50.58 million Enterprises | +3.8% |
| 1999 | 51.97 million Enterprises | +2.7% |
| 2000 | 52.44 million Enterprises | +0.9% |
| 2001 | 53.40 million Enterprises | +1.8% |
| 2002 | 51.23 million Enterprises | -4.1% |
| 2003 | 51.41 million Enterprises | +0.3% |
| 2004 | 54.17 million Enterprises | +5.4% |
| 2005 | 54.49 million Enterprises | +0.6% |
| 2006 | 56.55 million Enterprises | +3.8% |
| 2007 | 58.55 million Enterprises | +3.5% |
| 2008 | 63.17 million Enterprises | +7.9% |
| 2009 | 64.64 million Enterprises | +2.3% |
| 2010 | 61.61 million Enterprises | -4.7% |
| 2011 | 60.58 million Enterprises | -1.7% |
| 2012 | 58.83 million Enterprises | -2.9% |
| 2013 | 60.73 million Enterprises | +3.2% |
| 2014 | 58.31 million Enterprises | -4.0% |
| 2015 | 62.39 million Enterprises | +7.0% |
| 2016 | 66.23 million Enterprises | +6.1% |
| 2017 | 67.19 million Enterprises | +1.5% |
| 2018 | 68.57 million Enterprises | +2.0% |
| 2019 | 67.36 million Enterprises | -1.8% |
| 2020 | 86.30 million Enterprises | +28.1% |
| 2021 | 67.68 million Enterprises | -21.6% |
| 2022 | 70.69 million Enterprises | +4.5% |
| 2023 | 70.38 million Enterprises | -0.4% |
| 2024 | 69.02 million Enterprises | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.05 million Enterprises | 44.95 million Enterprises | 51.97 million Enterprises | 7 |
| 2000s | 56.01 million Enterprises | 51.23 million Enterprises | 64.64 million Enterprises | 10 |
| 2010s | 63.18 million Enterprises | 58.31 million Enterprises | 68.57 million Enterprises | 10 |
| 2020s | 72.81 million Enterprises | 67.68 million Enterprises | 86.30 million Enterprises | 5 |
Countries ranked near Illinois
- 2 Puerto Rico 5.17 million Enterprises compare
- 3 United States of America 2.02 million Enterprises compare
- 4 Germany 619,067 Enterprises compare
- 5 Canada 539,858 Enterprises compare
- 6 United States Virgin Islands 484,000 Enterprises compare
- 7 Italy 285,979 Enterprises compare
- 8 Belgium 101,181 Enterprises compare
More economy & growth data for Illinois
- Timely indicators of entrepreneurship by enterprise characteristics 35.99 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 69.02 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 35.99 million Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Illinois?
- Timely indicators of entrepreneurship by enterprise characteristics in Illinois was 69.02 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 Illinois?
- The highest recorded value was 86.30 million Enterprises in 2020.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Illinois?
- The lowest recorded value was 44.95 million Enterprises in 1993.
- How does Illinois rank for timely indicators of entrepreneurship by enterprise characteristics?
- Illinois ranks 5th out of 130 groups with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Illinois?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is rising.
- Where does this Illinois 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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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.