Timely indicators of entrepreneurship by enterprise characteristics in Utah

Utah: Timely indicators of entrepreneurship by enterprise characteristics was 28.89 million Enterprises in 2024. ▲ Rising

Latest (2024)
28.89 million Enterprises
Change on year
down 0.2%
Rank
22nd
of 130 groups
All-time high
28.96 million Enterprises
in 2022
All-time low
7.24 million Enterprises
in 1993
Years of data
32
1993–2024

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

5.0M10.0M15.0M20.0M25.0M30.0M1993200820241993: 7.2M Enterprises1994: 8.0M Enterprises1995: 8.6M Enterprises1996: 9.6M Enterprises1997: 10.6M Enterprises1998: 11.5M Enterprises1999: 12.5M Enterprises2000: 12.9M Enterprises2001: 13.9M Enterprises2002: 14.4M Enterprises2003: 14.1M Enterprises2004: 14.3M Enterprises2005: 15.1M Enterprises2006: 15.1M Enterprises2007: 17.3M Enterprises2008: 19.0M Enterprises2009: 20.4M Enterprises2010: 18.2M Enterprises2011: 17.7M Enterprises2012: 17.0M Enterprises2013: 16.9M Enterprises2014: 16.7M Enterprises2015: 18.1M Enterprises2016: 18.9M Enterprises2017: 19.0M Enterprises2018: 20.4M Enterprises2019: 22.5M Enterprises2020: 24.2M Enterprises2021: 24.6M Enterprises2022: 29.0M Enterprises2023: 28.9M Enterprises2024: 28.9M Enterprises

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

Analysis

Utah recorded 28.89 million Enterprises for timely indicators of entrepreneurship by enterprise characteristics in 2024.

That represents a change of down 0.2% on the previous year and up 73.4% over ten years.

Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Utah peaked at 28.96 million Enterprises in 2022 and was at its lowest, 7.24 million Enterprises, in 1993.

Utah ranks 22nd of 130 groups on this measure, in the top quarter.

The long-run direction has been consistently rising across the 32 years of available data.

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

Annual values for Timely indicators of entrepreneurship by enterprise characteristics — Business exits in Utah, 1993 to 2024.
Year Enterprises Change
1993 7.24 million Enterprises
1994 8.01 million Enterprises +10.6%
1995 8.56 million Enterprises +6.9%
1996 9.63 million Enterprises +12.5%
1997 10.58 million Enterprises +9.9%
1998 11.53 million Enterprises +8.9%
1999 12.53 million Enterprises +8.7%
2000 12.90 million Enterprises +3.0%
2001 13.86 million Enterprises +7.5%
2002 14.41 million Enterprises +3.9%
2003 14.10 million Enterprises -2.2%
2004 14.29 million Enterprises +1.4%
2005 15.11 million Enterprises +5.7%
2006 15.11 million Enterprises -0.0%
2007 17.27 million Enterprises +14.3%
2008 19.00 million Enterprises +10.0%
2009 20.38 million Enterprises +7.2%
2010 18.24 million Enterprises -10.5%
2011 17.73 million Enterprises -2.8%
2012 17.03 million Enterprises -3.9%
2013 16.94 million Enterprises -0.5%
2014 16.66 million Enterprises -1.6%
2015 18.14 million Enterprises +8.9%
2016 18.86 million Enterprises +4.0%
2017 18.98 million Enterprises +0.6%
2018 20.39 million Enterprises +7.4%
2019 22.52 million Enterprises +10.4%
2020 24.22 million Enterprises +7.6%
2021 24.65 million Enterprises +1.8%
2022 28.96 million Enterprises +17.5%
2023 28.93 million Enterprises -0.1%
2024 28.89 million Enterprises -0.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.73 million Enterprises 7.24 million Enterprises 12.53 million Enterprises 7
2000s 15.64 million Enterprises 12.90 million Enterprises 20.38 million Enterprises 10
2010s 18.55 million Enterprises 16.66 million Enterprises 22.52 million Enterprises 10
2020s 27.13 million Enterprises 24.22 million Enterprises 28.96 million Enterprises 5

More economy & growth data for Utah

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Frequently asked questions

What is timely indicators of entrepreneurship by enterprise characteristics in Utah?
Timely indicators of entrepreneurship by enterprise characteristics in Utah was 28.89 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 Utah?
The highest recorded value was 28.96 million Enterprises in 2022.
What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Utah?
The lowest recorded value was 7.24 million Enterprises in 1993.
How does Utah rank for timely indicators of entrepreneurship by enterprise characteristics?
Utah ranks 22nd out of 130 groups with data for 2024.
Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Utah?
Over the last ten years it is up 73.4%. The long-run trend across the full record is rising.
Where does this Utah 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 Utah. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/timely-indicators-of-entrepreneurship-by-enterprise-characteristics-business-exits/utah/

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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.