Timely indicators of entrepreneurship by enterprise characteristics in Ontario

Ontario: Timely indicators of entrepreneurship by enterprise characteristics was 222,534 Enterprises in 2024. ▲ Rising

Latest (2024)
222,534 Enterprises
Change on year
up 4.6%
Rank
51st
of 130 regions
All-time high
240,353 Enterprises
in 2020
All-time low
169,044 Enterprises
in 2015
Years of data
10
2015–2024

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

050.0k100.0k150.0k200.0k250.0k2015201920242015: 169.0k Enterprises2016: 186.1k Enterprises2017: 186.1k Enterprises2018: 198.7k Enterprises2019: 195.7k Enterprises2020: 240.4k Enterprises2021: 196.8k Enterprises2022: 207.9k Enterprises2023: 212.8k Enterprises2024: 222.5k Enterprises

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

Analysis

Ontario recorded 222,534 Enterprises for timely indicators of entrepreneurship by enterprise characteristics in 2024.

The figure is up 4.6% on the previous year and up 31.6% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Ontario peaked at 240,353 Enterprises in 2020 and was at its lowest, 169,044 Enterprises, in 2015.

That places Ontario 51st out of 130 regions with data for 2024, putting it in the middle of the range.

Timely indicators of entrepreneurship by enterprise characteristics in Ontario, year by year

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business exits in Ontario, 2015 to 2024.
Year Enterprises Change
2015 169,044 Enterprises
2016 186,079 Enterprises +10.1%
2017 186,135 Enterprises +0.0%
2018 198,709 Enterprises +6.8%
2019 195,669 Enterprises -1.5%
2020 240,353 Enterprises +22.8%
2021 196,786 Enterprises -18.1%
2022 207,864 Enterprises +5.6%
2023 212,846 Enterprises +2.4%
2024 222,534 Enterprises +4.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 187,127 Enterprises 169,044 Enterprises 198,709 Enterprises 5
2020s 216,077 Enterprises 196,786 Enterprises 240,353 Enterprises 5

Countries ranked near Ontario

  1. 52 Netherlands 152,260 Enterprises compare

See the full ranking of 141 places →

More economy & growth data for Ontario

All data for Ontario →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Ontario?
Timely indicators of entrepreneurship by enterprise characteristics in Ontario was 222,534 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 Ontario?
The highest recorded value was 240,353 Enterprises in 2020.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Ontario?
The lowest recorded value was 169,044 Enterprises in 2015.
How does Ontario rank for timely indicators of entrepreneurship by enterprise characteristics?
Ontario ranks 51st out of 130 regions with data for 2024.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Ontario?
Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
Where does this Ontario 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 Ontario. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-exits/ontario/

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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.