Timely indicators of entrepreneurship by enterprise characteristics in Singapore
Singapore: Timely indicators of entrepreneurship by enterprise characteristics was 55,491 Enterprises in 2024. ◆ Volatile
Timely indicators of entrepreneurship by enterprise characteristics in Singapore, 1970–2024
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 Singapore is 55,491 Enterprises, measured in 2024.
Compared with earlier readings it is up 7.5% on the previous year and up 30.1% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Singapore peaked at 63,406 Enterprises in 2005 and was at its lowest, 148 Enterprises, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Timely indicators of entrepreneurship by enterprise characteristics in Singapore, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1970 | 148 Enterprises | — |
| 1971 | 189 Enterprises | +27.7% |
| 1972 | 202 Enterprises | +6.9% |
| 1973 | 312 Enterprises | +54.5% |
| 1974 | 393 Enterprises | +26.0% |
| 1975 | 551 Enterprises | +40.2% |
| 1976 | 536 Enterprises | -2.7% |
| 1977 | 431 Enterprises | -19.6% |
| 1978 | 696 Enterprises | +61.5% |
| 1979 | 3,139 Enterprises | +351.0% |
| 1980 | 3,686 Enterprises | +17.4% |
| 1981 | 3,950 Enterprises | +7.2% |
| 1982 | 7,739 Enterprises | +95.9% |
| 1983 | 9,681 Enterprises | +25.1% |
| 1984 | 10,971 Enterprises | +13.3% |
| 1985 | 12,848 Enterprises | +17.1% |
| 1986 | 24,629 Enterprises | +91.7% |
| 1987 | 14,786 Enterprises | -40.0% |
| 1988 | 14,587 Enterprises | -1.3% |
| 1989 | 15,604 Enterprises | +7.0% |
| 1990 | 15,427 Enterprises | -1.1% |
| 1991 | 16,133 Enterprises | +4.6% |
| 1992 | 17,029 Enterprises | +5.6% |
| 1993 | 20,922 Enterprises | +22.9% |
| 1994 | 21,768 Enterprises | +4.0% |
| 1995 | 22,843 Enterprises | +4.9% |
| 1996 | 22,635 Enterprises | -0.9% |
| 1997 | 22,547 Enterprises | -0.4% |
| 1998 | 25,451 Enterprises | +12.9% |
| 1999 | 27,495 Enterprises | +8.0% |
| 2000 | 28,948 Enterprises | +5.3% |
| 2001 | 27,535 Enterprises | -4.9% |
| 2002 | 17,729 Enterprises | -35.6% |
| 2003 | 22,304 Enterprises | +25.8% |
| 2004 | 23,320 Enterprises | +4.6% |
| 2005 | 63,406 Enterprises | +171.9% |
| 2006 | 35,972 Enterprises | -43.3% |
| 2007 | 30,777 Enterprises | -14.4% |
| 2008 | 31,977 Enterprises | +3.9% |
| 2009 | 46,250 Enterprises | +44.6% |
| 2010 | 39,979 Enterprises | -13.6% |
| 2011 | 43,216 Enterprises | +8.1% |
| 2012 | 42,415 Enterprises | -1.9% |
| 2013 | 41,777 Enterprises | -1.5% |
| 2014 | 42,651 Enterprises | +2.1% |
| 2015 | 52,153 Enterprises | +22.3% |
| 2016 | 60,747 Enterprises | +16.5% |
| 2017 | 48,204 Enterprises | -20.6% |
| 2018 | 44,814 Enterprises | -7.0% |
| 2019 | 47,320 Enterprises | +5.6% |
| 2020 | 42,474 Enterprises | -10.2% |
| 2021 | 48,715 Enterprises | +14.7% |
| 2022 | 49,469 Enterprises | +1.5% |
| 2023 | 51,630 Enterprises | +4.4% |
| 2024 | 55,491 Enterprises | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 659.7 Enterprises | 148 Enterprises | 3,139 Enterprises | 10 |
| 1980s | 11,848 Enterprises | 3,686 Enterprises | 24,629 Enterprises | 10 |
| 1990s | 21,225 Enterprises | 15,427 Enterprises | 27,495 Enterprises | 10 |
| 2000s | 32,822 Enterprises | 17,729 Enterprises | 63,406 Enterprises | 10 |
| 2010s | 46,328 Enterprises | 39,979 Enterprises | 60,747 Enterprises | 10 |
| 2020s | 49,556 Enterprises | 42,474 Enterprises | 55,491 Enterprises | 5 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 10.79 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.6706 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 66,261 current US$ per person (2025)
- General government final consumption expenditure (current US$) 7.49 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1025 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 10,130 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.18 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.134 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Singapore?
- Timely indicators of entrepreneurship by enterprise characteristics in Singapore was 55,491 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 Singapore?
- The highest recorded value was 63,406 Enterprises in 2005.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Singapore?
- The lowest recorded value was 148 Enterprises in 1970.
- How does Singapore rank for timely indicators of entrepreneurship by enterprise characteristics?
- Singapore ranks 9th out of 11 countries with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Singapore?
- Over the last ten years it is up 30.1%. The long-run trend across the full record is volatile.
- Where does this Singapore 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.
Download this data
CSV · JSON — 55 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.