Timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia

Nova Scotia: Timely indicators of entrepreneurship by enterprise characteristics was 11,399 Enterprises in 2024. ▲ Rising

Latest (2024)
11,399 Enterprises
Change on year
up 2.9%
Rank
84th
of 130 regions
All-time high
12,016 Enterprises
in 2020
All-time low
10,007 Enterprises
in 2021
Years of data
10
2015–2024

Timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia, 2015–2024

02.5k5.0k7.5k10.0k12.5k2015201920242015: 10.0k Enterprises2016: 10.2k Enterprises2017: 10.1k Enterprises2018: 10.7k Enterprises2019: 10.4k Enterprises2020: 12.0k Enterprises2021: 10.0k Enterprises2022: 10.6k Enterprises2023: 11.1k Enterprises2024: 11.4k Enterprises

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

Analysis

Nova Scotia recorded 11,399 Enterprises for timely indicators of entrepreneurship by enterprise characteristics in 2024.

That represents a change of up 2.9% on the previous year and up 13.6% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia peaked at 12,016 Enterprises in 2020 and was at its lowest, 10,007 Enterprises, in 2021.

That places Nova Scotia 84th out of 130 regions with data for 2024, putting it in the middle of the range.

Timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia, year by year

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business exits in Nova Scotia, 2015 to 2024.
Year Enterprises Change
2015 10,038 Enterprises
2016 10,162 Enterprises +1.2%
2017 10,071 Enterprises -0.9%
2018 10,693 Enterprises +6.2%
2019 10,385 Enterprises -2.9%
2020 12,016 Enterprises +15.7%
2021 10,007 Enterprises -16.7%
2022 10,626 Enterprises +6.2%
2023 11,078 Enterprises +4.3%
2024 11,399 Enterprises +2.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10,270 Enterprises 10,038 Enterprises 10,693 Enterprises 5
2020s 11,025 Enterprises 10,007 Enterprises 12,016 Enterprises 5

More economy & growth data for Nova Scotia

All data for Nova Scotia →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia?
Timely indicators of entrepreneurship by enterprise characteristics in Nova Scotia was 11,399 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 Nova Scotia?
The highest recorded value was 12,016 Enterprises in 2020.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Nova Scotia?
The lowest recorded value was 10,007 Enterprises in 2021.
How does Nova Scotia rank for timely indicators of entrepreneurship by enterprise characteristics?
Nova Scotia ranks 84th out of 130 regions with data for 2024.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Nova Scotia?
Over the last ten years it is up 13.6%. The long-run trend across the full record is rising.
Where does this Nova Scotia 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 Nova Scotia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-exits/nova-scotia/

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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.