Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico
Puerto Rico: Timely indicators of entrepreneurship by enterprise characteristics was 4.14 million Enterprises in 2024. ▼ Falling
Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico, 1994–2024
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 Puerto Rico is 4.14 million Enterprises, measured in 2024.
The figure is down 7.7% on the previous year and up 12.6% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico peaked at 7.81 million Enterprises in 2003 and was at its lowest, 1.27 million Enterprises, in 2002.
The long-run direction has been consistently falling across the 31 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico, year by year
| Year | Enterprises | Change |
|---|---|---|
| 1994 | 4.86 million Enterprises | — |
| 1995 | 5.08 million Enterprises | +4.5% |
| 1996 | 5.43 million Enterprises | +6.9% |
| 1997 | 6.12 million Enterprises | +12.6% |
| 1998 | 4.81 million Enterprises | -21.3% |
| 1999 | 5.30 million Enterprises | +10.2% |
| 2000 | 4.99 million Enterprises | -5.9% |
| 2001 | 3.25 million Enterprises | -34.9% |
| 2002 | 1.27 million Enterprises | -60.9% |
| 2003 | 7.81 million Enterprises | +514.7% |
| 2004 | 5.17 million Enterprises | -33.7% |
| 2005 | 5.23 million Enterprises | +1.0% |
| 2006 | 4.62 million Enterprises | -11.6% |
| 2007 | 4.70 million Enterprises | +1.7% |
| 2008 | 4.38 million Enterprises | -6.7% |
| 2009 | 4.53 million Enterprises | +3.4% |
| 2010 | 3.61 million Enterprises | -20.3% |
| 2011 | 3.84 million Enterprises | +6.2% |
| 2012 | 4.17 million Enterprises | +8.7% |
| 2013 | 4.01 million Enterprises | -3.7% |
| 2014 | 3.68 million Enterprises | -8.3% |
| 2015 | 3.49 million Enterprises | -5.3% |
| 2016 | 3.53 million Enterprises | +1.3% |
| 2017 | 3.25 million Enterprises | -7.8% |
| 2018 | 4.32 million Enterprises | +32.6% |
| 2019 | 4.61 million Enterprises | +6.9% |
| 2020 | 3.85 million Enterprises | -16.5% |
| 2021 | 5.61 million Enterprises | +45.5% |
| 2022 | 4.55 million Enterprises | -18.9% |
| 2023 | 4.49 million Enterprises | -1.2% |
| 2024 | 4.14 million Enterprises | -7.7% |
Biggest year-on-year movements
Years where Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico 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 |
|---|---|---|---|
| 2003 | +514.7% | 1.27 million Enterprises | 7.81 million Enterprises |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.27 million Enterprises | 4.81 million Enterprises | 6.12 million Enterprises | 6 |
| 2000s | 4.59 million Enterprises | 1.27 million Enterprises | 7.81 million Enterprises | 10 |
| 2010s | 3.85 million Enterprises | 3.25 million Enterprises | 4.61 million Enterprises | 10 |
| 2020s | 4.53 million Enterprises | 3.85 million Enterprises | 5.61 million Enterprises | 5 |
Countries ranked near Puerto Rico
- 1 Georgia 41.64 million Enterprises compare
- 3 United States of America 1.28 million Enterprises compare
- 4 United States Virgin Islands 106,000 Enterprises compare
More economy & growth data for Puerto Rico
- General government final consumption expenditure (current US$) -2.91 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.077 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 3,127 current US$ per person (2025)
- General government final consumption expenditure (current LCU) -2.91 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.077 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 3,127 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.2423 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0741 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 3,010 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.79 % change on previous year (2025)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico?
- Timely indicators of entrepreneurship by enterprise characteristics in Puerto Rico was 4.14 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 Puerto Rico?
- The highest recorded value was 7.81 million Enterprises in 2003.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Puerto Rico?
- The lowest recorded value was 1.27 million Enterprises in 2002.
- How does Puerto Rico rank for timely indicators of entrepreneurship by enterprise characteristics?
- Puerto Rico ranks 2nd out of 4 countries with data for 2024.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Puerto Rico?
- Over the last ten years it is up 12.6%. The long-run trend across the full record is falling.
- Where does this Puerto Rico 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.
Download this data
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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.