Timely indicators of entrepreneurship by enterprise characteristics in Maryland
Maryland: Timely indicators of entrepreneurship by enterprise characteristics was 24.16 million Enterprises in 2024. ▲ Rising
Timely indicators of entrepreneurship by enterprise characteristics in Maryland, 1994–2024
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
Maryland recorded 24.16 million Enterprises for timely indicators of entrepreneurship by enterprise characteristics in 2024. That is the highest value across all 31 years on record.
The figure is up 16.4% on the previous year and up 58.8% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Maryland peaked at 24.16 million Enterprises in 2024 and was at its lowest, 12.05 million Enterprises, in 2020.
That places Maryland 16th out of 50 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Maryland, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1994 | 13.88 million Enterprises | — |
| 1995 | 14.32 million Enterprises | +3.1% |
| 1996 | 15.27 million Enterprises | +6.6% |
| 1997 | 15.92 million Enterprises | +4.3% |
| 1998 | 15.63 million Enterprises | -1.8% |
| 1999 | 15.47 million Enterprises | -1.0% |
| 2000 | 14.80 million Enterprises | -4.3% |
| 2001 | 16.26 million Enterprises | +9.9% |
| 2002 | 15.55 million Enterprises | -4.4% |
| 2003 | 14.79 million Enterprises | -4.8% |
| 2004 | 16.43 million Enterprises | +11.1% |
| 2005 | 16.89 million Enterprises | +2.8% |
| 2006 | 16.10 million Enterprises | -4.7% |
| 2007 | 15.27 million Enterprises | -5.1% |
| 2008 | 15.02 million Enterprises | -1.6% |
| 2009 | 13.45 million Enterprises | -10.4% |
| 2010 | 14.07 million Enterprises | +4.5% |
| 2011 | 14.84 million Enterprises | +5.5% |
| 2012 | 15.11 million Enterprises | +1.8% |
| 2013 | 14.90 million Enterprises | -1.4% |
| 2014 | 15.22 million Enterprises | +2.2% |
| 2015 | 16.18 million Enterprises | +6.3% |
| 2016 | 15.54 million Enterprises | -4.0% |
| 2017 | 15.74 million Enterprises | +1.3% |
| 2018 | 15.55 million Enterprises | -1.2% |
| 2019 | 15.70 million Enterprises | +1.0% |
| 2020 | 12.05 million Enterprises | -23.3% |
| 2021 | 17.73 million Enterprises | +47.1% |
| 2022 | 22.35 million Enterprises | +26.1% |
| 2023 | 20.76 million Enterprises | -7.1% |
| 2024 | 24.16 million Enterprises | +16.4% |
Biggest year-on-year movements
Years where Timely indicators of entrepreneurship by enterprise characteristics in Maryland 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +47.1% | 12.05 million Enterprises | 17.73 million Enterprises |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.08 million Enterprises | 13.88 million Enterprises | 15.92 million Enterprises | 6 |
| 2000s | 15.46 million Enterprises | 13.45 million Enterprises | 16.89 million Enterprises | 10 |
| 2010s | 15.28 million Enterprises | 14.07 million Enterprises | 16.18 million Enterprises | 10 |
| 2020s | 19.41 million Enterprises | 12.05 million Enterprises | 24.16 million Enterprises | 5 |
More economy & growth data for Maryland
- Timely indicators of entrepreneurship by enterprise characteristics 24.16 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 35.13 million Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 35.13 million Enterprises (2024)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Maryland?
- Timely indicators of entrepreneurship by enterprise characteristics in Maryland was 24.16 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 Maryland?
- The highest recorded value was 24.16 million Enterprises in 2024.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Maryland?
- The lowest recorded value was 12.05 million Enterprises in 2020.
- How does Maryland rank for timely indicators of entrepreneurship by enterprise characteristics?
- Maryland ranks 16th out of 50 groups with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Maryland?
- Over the last ten years it is up 58.8%. The long-run trend across the full record is rising.
- Where does this Maryland 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, United States — Business entries. 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.This dataset presents timely indicators for the United States.Related datasets:Employer Business Demography Statistics,Business Demography Statistics,Structural Business Statistics by Size Class.