Timely indicators of entrepreneurship by enterprise characteristics in Northwest Territories
Northwest Territories: Timely indicators of entrepreneurship by enterprise characteristics was 527 Enterprises in 2024. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Northwest Territories, 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 Northwest Territories is 527 Enterprises, measured in 2024.
The figure is up 5.0% on the previous year and down 3.1% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Northwest Territories peaked at 559 Enterprises in 2016 and was at its lowest, 406 Enterprises, in 2021.
Northwest Territories ranks 120th of 130 regions on this measure, in the bottom quarter.
Timely indicators of entrepreneurship by enterprise characteristics in Northwest Territories, year by year
| Year | Enterprises | Change |
|---|---|---|
| 2015 | 544 Enterprises | — |
| 2016 | 559 Enterprises | +2.8% |
| 2017 | 534 Enterprises | -4.5% |
| 2018 | 500 Enterprises | -6.4% |
| 2019 | 499 Enterprises | -0.2% |
| 2020 | 495 Enterprises | -0.8% |
| 2021 | 406 Enterprises | -18.0% |
| 2022 | 448 Enterprises | +10.3% |
| 2023 | 502 Enterprises | +12.1% |
| 2024 | 527 Enterprises | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 527.2 Enterprises | 499 Enterprises | 559 Enterprises | 5 |
| 2020s | 475.6 Enterprises | 406 Enterprises | 527 Enterprises | 5 |
More economy & growth data for Northwest Territories
- Timely indicators of entrepreneurship by enterprise characteristics 461 Enterprises (2020)
- Timely indicators of entrepreneurship by enterprise characteristics 2 Enterprises (2023)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Northwest Territories?
- Timely indicators of entrepreneurship by enterprise characteristics in Northwest Territories was 527 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 Northwest Territories?
- The highest recorded value was 559 Enterprises in 2016.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Northwest Territories?
- The lowest recorded value was 406 Enterprises in 2021.
- How does Northwest Territories rank for timely indicators of entrepreneurship by enterprise characteristics?
- Northwest Territories ranks 120th out of 130 regions with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Northwest Territories?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is falling.
- Where does this Northwest Territories 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.