Timely indicators of entrepreneurship by enterprise characteristics in Rhode Island
Rhode Island: Timely indicators of entrepreneurship by enterprise characteristics was 9.20 million Enterprises in 2024. ▲ Rising
Timely indicators of entrepreneurship by enterprise characteristics in Rhode Island, 1993–2024
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
Rhode Island recorded 9.20 million Enterprises for timely indicators of entrepreneurship by enterprise characteristics in 2024.
The figure is down 2.4% on the previous year and up 39.6% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Rhode Island peaked at 9.42 million Enterprises in 2023 and was at its lowest, 5.82 million Enterprises, in 1995.
That places Rhode Island 41st out of 130 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Rhode Island, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1993 | 6.05 million Enterprises | — |
| 1994 | 7.78 million Enterprises | +28.7% |
| 1995 | 5.82 million Enterprises | -25.2% |
| 1996 | 6.27 million Enterprises | +7.7% |
| 1997 | 6.42 million Enterprises | +2.4% |
| 1998 | 6.57 million Enterprises | +2.2% |
| 1999 | 6.69 million Enterprises | +1.9% |
| 2000 | 6.49 million Enterprises | -3.1% |
| 2001 | 6.52 million Enterprises | +0.5% |
| 2002 | 6.52 million Enterprises | +0.0% |
| 2003 | 6.30 million Enterprises | -3.4% |
| 2004 | 6.79 million Enterprises | +7.8% |
| 2005 | 7.13 million Enterprises | +5.0% |
| 2006 | 7.59 million Enterprises | +6.4% |
| 2007 | 7.43 million Enterprises | -2.0% |
| 2008 | 7.74 million Enterprises | +4.1% |
| 2009 | 7.81 million Enterprises | +1.0% |
| 2010 | 7.01 million Enterprises | -10.2% |
| 2011 | 6.81 million Enterprises | -2.8% |
| 2012 | 6.60 million Enterprises | -3.2% |
| 2013 | 6.70 million Enterprises | +1.6% |
| 2014 | 6.59 million Enterprises | -1.7% |
| 2015 | 6.79 million Enterprises | +3.0% |
| 2016 | 6.83 million Enterprises | +0.7% |
| 2017 | 6.97 million Enterprises | +2.1% |
| 2018 | 7.02 million Enterprises | +0.7% |
| 2019 | 7.20 million Enterprises | +2.5% |
| 2020 | 9.14 million Enterprises | +27.0% |
| 2021 | 8.64 million Enterprises | -5.5% |
| 2022 | 9.16 million Enterprises | +6.1% |
| 2023 | 9.42 million Enterprises | +2.9% |
| 2024 | 9.20 million Enterprises | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.51 million Enterprises | 5.82 million Enterprises | 7.78 million Enterprises | 7 |
| 2000s | 7.03 million Enterprises | 6.30 million Enterprises | 7.81 million Enterprises | 10 |
| 2010s | 6.85 million Enterprises | 6.59 million Enterprises | 7.20 million Enterprises | 10 |
| 2020s | 9.11 million Enterprises | 8.64 million Enterprises | 9.42 million Enterprises | 5 |
More economy & growth data for Rhode Island
- Timely indicators of entrepreneurship by enterprise characteristics 5.50 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 9.20 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 5.50 million Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Rhode Island?
- Timely indicators of entrepreneurship by enterprise characteristics in Rhode Island was 9.20 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 Rhode Island?
- The highest recorded value was 9.42 million Enterprises in 2023.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Rhode Island?
- The lowest recorded value was 5.82 million Enterprises in 1995.
- How does Rhode Island rank for timely indicators of entrepreneurship by enterprise characteristics?
- Rhode Island ranks 41st out of 130 groups with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Rhode Island?
- Over the last ten years it is up 39.6%. The long-run trend across the full record is rising.
- Where does this Rhode Island 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.