Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador
Newfoundland and Labrador: Timely indicators of entrepreneurship by enterprise characteristics was 7,394 Enterprises in 2024. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador, 2015–2024
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 Newfoundland and Labrador is 7,394 Enterprises, measured in 2024.
Compared with earlier readings it is up 1.7% on the previous year and down 7.6% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador peaked at 8,418 Enterprises in 2020 and was at its lowest, 6,906 Enterprises, in 2021.
That places Newfoundland and Labrador 97th out of 130 regions with data for 2024, putting it in the middle of the range.
Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador, year by year
| Year | Enterprises | Change |
|---|---|---|
| 2015 | 8,000 Enterprises | — |
| 2016 | 8,404 Enterprises | +5.1% |
| 2017 | 8,035 Enterprises | -4.4% |
| 2018 | 8,179 Enterprises | +1.8% |
| 2019 | 7,856 Enterprises | -3.9% |
| 2020 | 8,418 Enterprises | +7.2% |
| 2021 | 6,906 Enterprises | -18.0% |
| 2022 | 7,325 Enterprises | +6.1% |
| 2023 | 7,267 Enterprises | -0.8% |
| 2024 | 7,394 Enterprises | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8,095 Enterprises | 7,856 Enterprises | 8,404 Enterprises | 5 |
| 2020s | 7,462 Enterprises | 6,906 Enterprises | 8,418 Enterprises | 5 |
More economy & growth data for Newfoundland and Labrador
- Timely indicators of entrepreneurship by enterprise characteristics 2,615 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 29 Enterprises (2023)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador?
- Timely indicators of entrepreneurship by enterprise characteristics in Newfoundland and Labrador was 7,394 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 Newfoundland and Labrador?
- The highest recorded value was 8,418 Enterprises in 2020.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Newfoundland and Labrador?
- The lowest recorded value was 6,906 Enterprises in 2021.
- How does Newfoundland and Labrador rank for timely indicators of entrepreneurship by enterprise characteristics?
- Newfoundland and Labrador ranks 97th out of 130 regions with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Newfoundland and Labrador?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is falling.
- Where does this Newfoundland and Labrador 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
CSV · JSON — 10 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.