Timely indicators of entrepreneurship by enterprise characteristics in Washington
Washington: Timely indicators of entrepreneurship by enterprise characteristics was 16.81 million Enterprises in 2024. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Washington, 1993–2024
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
In 2024, timely indicators of entrepreneurship by enterprise characteristics in Washington stood at 16.81 million Enterprises. That is the lowest value across all 32 years on record.
Compared with earlier readings it is down 38.8% on the previous year and down 43.1% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Washington peaked at 55.78 million Enterprises in 2000 and was at its lowest, 16.81 million Enterprises, in 2024.
That places Washington 31st out of 130 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Washington, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1993 | 30.64 million Enterprises | — |
| 1994 | 37.72 million Enterprises | +23.1% |
| 1995 | 39.57 million Enterprises | +4.9% |
| 1996 | 39.05 million Enterprises | -1.3% |
| 1997 | 41.27 million Enterprises | +5.7% |
| 1998 | 45.48 million Enterprises | +10.2% |
| 1999 | 54.56 million Enterprises | +20.0% |
| 2000 | 55.78 million Enterprises | +2.2% |
| 2001 | 53.14 million Enterprises | -4.7% |
| 2002 | 54.94 million Enterprises | +3.4% |
| 2003 | 45.08 million Enterprises | -17.9% |
| 2004 | 45.61 million Enterprises | +1.2% |
| 2005 | 42.29 million Enterprises | -7.3% |
| 2006 | 41.45 million Enterprises | -2.0% |
| 2007 | 42.08 million Enterprises | +1.5% |
| 2008 | 48.29 million Enterprises | +14.8% |
| 2009 | 39.88 million Enterprises | -17.4% |
| 2010 | 38.84 million Enterprises | -2.6% |
| 2011 | 41.43 million Enterprises | +6.7% |
| 2012 | 38.59 million Enterprises | -6.9% |
| 2013 | 32.79 million Enterprises | -15.0% |
| 2014 | 29.55 million Enterprises | -9.9% |
| 2015 | 38.62 million Enterprises | +30.7% |
| 2016 | 38.64 million Enterprises | +0.1% |
| 2017 | 25.15 million Enterprises | -34.9% |
| 2018 | 30.74 million Enterprises | +22.2% |
| 2019 | 30.59 million Enterprises | -0.5% |
| 2020 | 35.34 million Enterprises | +15.5% |
| 2021 | 29.61 million Enterprises | -16.2% |
| 2022 | 38.05 million Enterprises | +28.5% |
| 2023 | 27.46 million Enterprises | -27.8% |
| 2024 | 16.81 million Enterprises | -38.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.18 million Enterprises | 30.64 million Enterprises | 54.56 million Enterprises | 7 |
| 2000s | 46.85 million Enterprises | 39.88 million Enterprises | 55.78 million Enterprises | 10 |
| 2010s | 34.49 million Enterprises | 25.15 million Enterprises | 41.43 million Enterprises | 10 |
| 2020s | 29.46 million Enterprises | 16.81 million Enterprises | 38.05 million Enterprises | 5 |
More economy & growth data for Washington
- Timely indicators of entrepreneurship by enterprise characteristics 24.02 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 16.81 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 24.02 million Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Washington?
- Timely indicators of entrepreneurship by enterprise characteristics in Washington was 16.81 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 Washington?
- The highest recorded value was 55.78 million Enterprises in 2000.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Washington?
- The lowest recorded value was 16.81 million Enterprises in 2024.
- How does Washington rank for timely indicators of entrepreneurship by enterprise characteristics?
- Washington ranks 31st out of 130 groups with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Washington?
- Over the last ten years it is down 43.1%. The long-run trend across the full record is falling.
- Where does this Washington 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.