Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico

Puerto Rico: Timely indicators of entrepreneurship by enterprise characteristics was 5.17 million Enterprises in 2024. ▬ Flat

Latest (2024)
5.17 million Enterprises
Change on year
up 8.2%
World rank
2nd
of 11 countries
All-time high
9.70 million Enterprises
in 2020
All-time low
4.46 million Enterprises
in 2021
Years of data
32
1993–2024

Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico, 1993–2024

02.0M4.0M6.0M8.0M10.0M1993200820241993: 5.1M Enterprises1994: 5.4M Enterprises1995: 5.3M Enterprises1996: 5.1M Enterprises1997: 6.2M Enterprises1998: 6.1M Enterprises1999: 6.4M Enterprises2000: 5.9M Enterprises2001: 7.2M Enterprises2002: 5.3M Enterprises2003: 4.5M Enterprises2004: 4.7M Enterprises2005: 5.4M Enterprises2006: 8.1M Enterprises2007: 7.8M Enterprises2008: 7.9M Enterprises2009: 7.6M Enterprises2010: 6.8M Enterprises2011: 6.3M Enterprises2012: 5.9M Enterprises2013: 5.8M Enterprises2014: 5.9M Enterprises2015: 6.0M Enterprises2016: 5.2M Enterprises2017: 7.3M Enterprises2018: 5.7M Enterprises2019: 5.0M Enterprises2020: 9.7M Enterprises2021: 4.5M Enterprises2022: 4.6M Enterprises2023: 4.8M Enterprises2024: 5.2M Enterprises

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 Puerto Rico is 5.17 million Enterprises, measured in 2024.

That represents a change of up 8.2% on the previous year and down 12.2% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico peaked at 9.70 million Enterprises in 2020 and was at its lowest, 4.46 million Enterprises, in 2021.

Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico, year by year

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business exits in Puerto Rico, 1993 to 2024.
Year Enterprises Change
1993 5.11 million Enterprises
1994 5.43 million Enterprises +6.2%
1995 5.29 million Enterprises -2.6%
1996 5.07 million Enterprises -4.2%
1997 6.18 million Enterprises +21.9%
1998 6.12 million Enterprises -0.9%
1999 6.36 million Enterprises +3.8%
2000 5.92 million Enterprises -6.9%
2001 7.15 million Enterprises +20.9%
2002 5.32 million Enterprises -25.5%
2003 4.50 million Enterprises -15.4%
2004 4.66 million Enterprises +3.5%
2005 5.40 million Enterprises +15.8%
2006 8.06 million Enterprises +49.3%
2007 7.81 million Enterprises -3.1%
2008 7.89 million Enterprises +1.0%
2009 7.56 million Enterprises -4.2%
2010 6.84 million Enterprises -9.4%
2011 6.27 million Enterprises -8.3%
2012 5.90 million Enterprises -5.9%
2013 5.83 million Enterprises -1.3%
2014 5.88 million Enterprises +1.0%
2015 6.00 million Enterprises +1.9%
2016 5.22 million Enterprises -12.9%
2017 7.31 million Enterprises +40.0%
2018 5.72 million Enterprises -21.7%
2019 5.03 million Enterprises -12.1%
2020 9.70 million Enterprises +92.8%
2021 4.46 million Enterprises -54.0%
2022 4.65 million Enterprises +4.3%
2023 4.78 million Enterprises +2.8%
2024 5.17 million Enterprises +8.2%

Puerto Rico compared with similar countries

  • Puerto Rico's 5.17 million Enterprises is above the median for high income countries, which is 384,990 Enterprises, 13.4× the median. (10 countries reporting)

Biggest year-on-year movements

Years where Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +92.8% 5.03 million Enterprises 9.70 million Enterprises

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.65 million Enterprises 5.07 million Enterprises 6.36 million Enterprises 7
2000s 6.43 million Enterprises 4.50 million Enterprises 8.06 million Enterprises 10
2010s 6.00 million Enterprises 5.03 million Enterprises 7.31 million Enterprises 10
2020s 5.75 million Enterprises 4.46 million Enterprises 9.70 million Enterprises 5

Countries ranked near Puerto Rico

  1. 1 Georgia 70.24 million Enterprises compare
  2. 3 United States of America 2.02 million Enterprises compare
  3. 4 Germany 619,067 Enterprises compare
  4. 5 Canada 539,858 Enterprises compare

See the full ranking of 141 places →

More economy & growth data for Puerto Rico

All data for Puerto Rico →

Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico?
Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico was 5.17 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 Puerto Rico?
The highest recorded value was 9.70 million Enterprises in 2020.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Puerto Rico?
The lowest recorded value was 4.46 million Enterprises in 2021.
How does Puerto Rico rank for timely indicators of entrepreneurship by enterprise characteristics?
Puerto Rico ranks 2nd out of 11 countries with data for 2024.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Puerto Rico?
Over the last ten years it is down 12.2%. The long-run trend across the full record is flat.
Where does this Puerto Rico 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 Puerto Rico. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-exits/puerto-rico-us/

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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.