Timely indicators of entrepreneurship by enterprise characteristics in Pennsylvania
Pennsylvania: Timely indicators of entrepreneurship by enterprise characteristics was 56.64 million Enterprises in 2024. ▲ Rising
Timely indicators of entrepreneurship by enterprise characteristics in Pennsylvania, 1993–2024
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
In 2024, timely indicators of entrepreneurship by enterprise characteristics in Pennsylvania stood at 56.64 million Enterprises.
That represents a change of up 6.6% on the previous year and up 10.7% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Pennsylvania peaked at 72.76 million Enterprises in 2020 and was at its lowest, 41.13 million Enterprises, in 1995.
That places Pennsylvania 8th 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 Pennsylvania, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1993 | 44.37 million Enterprises | — |
| 1994 | 41.61 million Enterprises | -6.2% |
| 1995 | 41.13 million Enterprises | -1.2% |
| 1996 | 42.12 million Enterprises | +2.4% |
| 1997 | 43.47 million Enterprises | +3.2% |
| 1998 | 46.46 million Enterprises | +6.9% |
| 1999 | 48.08 million Enterprises | +3.5% |
| 2000 | 46.62 million Enterprises | -3.0% |
| 2001 | 52.60 million Enterprises | +12.8% |
| 2002 | 53.12 million Enterprises | +1.0% |
| 2003 | 50.47 million Enterprises | -5.0% |
| 2004 | 50.90 million Enterprises | +0.9% |
| 2005 | 52.81 million Enterprises | +3.7% |
| 2006 | 52.45 million Enterprises | -0.7% |
| 2007 | 53.84 million Enterprises | +2.7% |
| 2008 | 56.31 million Enterprises | +4.6% |
| 2009 | 57.35 million Enterprises | +1.8% |
| 2010 | 51.51 million Enterprises | -10.2% |
| 2011 | 56.37 million Enterprises | +9.4% |
| 2012 | 56.49 million Enterprises | +0.2% |
| 2013 | 58.84 million Enterprises | +4.2% |
| 2014 | 51.15 million Enterprises | -13.1% |
| 2015 | 52.11 million Enterprises | +1.9% |
| 2016 | 52.51 million Enterprises | +0.8% |
| 2017 | 52.26 million Enterprises | -0.5% |
| 2018 | 53.03 million Enterprises | +1.5% |
| 2019 | 52.75 million Enterprises | -0.5% |
| 2020 | 72.76 million Enterprises | +37.9% |
| 2021 | 48.64 million Enterprises | -33.1% |
| 2022 | 57.78 million Enterprises | +18.8% |
| 2023 | 53.13 million Enterprises | -8.1% |
| 2024 | 56.64 million Enterprises | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.89 million Enterprises | 41.13 million Enterprises | 48.08 million Enterprises | 7 |
| 2000s | 52.65 million Enterprises | 46.62 million Enterprises | 57.35 million Enterprises | 10 |
| 2010s | 53.70 million Enterprises | 51.15 million Enterprises | 58.84 million Enterprises | 10 |
| 2020s | 57.79 million Enterprises | 48.64 million Enterprises | 72.76 million Enterprises | 5 |
Countries ranked near Pennsylvania
More economy & growth data for Pennsylvania
- Timely indicators of entrepreneurship by enterprise characteristics 34.88 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 56.64 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 34.88 million Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Pennsylvania?
- Timely indicators of entrepreneurship by enterprise characteristics in Pennsylvania was 56.64 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 Pennsylvania?
- The highest recorded value was 72.76 million Enterprises in 2020.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Pennsylvania?
- The lowest recorded value was 41.13 million Enterprises in 1995.
- How does Pennsylvania rank for timely indicators of entrepreneurship by enterprise characteristics?
- Pennsylvania ranks 8th out of 130 groups with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Pennsylvania?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is rising.
- Where does this Pennsylvania 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.