Timely Indicators of Entrepreneurship by Enterprise Characteristics
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Recent trends of business dynamics provide valuable information to policy makers and researchers. Timely Indicators of Entrepreneurship include data on business entries, business exits and bankruptcies, compiled by official statistical sources in most cases.

Click to expand Source
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Click to expand Source Periodicity
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Monthly, Quarterly

Click to expand Data source(s) used
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Data sources vary according to the country. Please refer to country-specific metadata (Excel file).

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SDD.IndServStat@oecd.org

Click to expand Periodicity
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Monthly, Quarterly

Click to expand Unit of measure used
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Number of enterprises or establishments, depending on country.
Click to expand Population & Scope
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Whenever possible, aggregate statistics are broken down by region according to the OECD TL2 classification. Please see country-specific metadata for details.

Click to expand Institutional coverage
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Whenever possible, aggregate statistics are broken down by business legal form. Please see country-specific metadata for details.

Click to expand Sector coverage
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Whenever possible, aggregate statistics are broken down by economic sector according to the ISIC rev.4 classification. Please see country-specific metadata for details.

Click to expand Statistical population
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Enterprises and establishments listed in administrative business registers. Depending on country, not all economic sectors, business legal forms and firm sizes may be covered. Please see country-specific metadata.
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Click to expand Classification(s) used
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For the sake of cross-country comparability, breakdowns by economic activity are provided according to the International Standard Industrial Classification, Revision 4 (ISIC Rev.4), at 1-digit (sector) level or higher. This may require a mapping with the original national classification.

Breakdowns by region are provided according to the OECD TL classification, at TL2 level.

Breakdowns by business legal form are provided according to the following simplified classification:
LL: Limited liability
PA: Partnership
SP: Sole proprietorship
_X: Unknown/Unspecified/Other

Click to expand Key statistical concept
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Business entries: Whenever possible, they correspond to enterprise births, thus excluding reorganisations of existing businesses (merger, spin-off, buy-out, change of legal form, etc.). Please see the Eurostat-OECD Manual on Business Demography Statistics for further information on the concept of enterprise birth. Note that available statistics may deviate from this target for some countries. Please see country-specific metadata for details.

Business exits: For timeliness reasons, they usually correspond to administrative deregistrations rather than enterprise deaths in the sense of the Eurostat-OECD Manual on Business Demography Statistics. Statistics on enterprise deaths exclude closures due to mergers, take-overs, changes of legal form and reactivations within 2 years, but they are necessarily less timely. Please see country-specific metadata for details.

Bankruptcies: These statistics usually correspond to the initiation of insolvency procedures. Note that such procedures do not always end up in the dissolution of the enterprise. Please see country-specific metadata for details.

Click to expand Seasonal adjustment
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Seasonally-adjusted series are available whenever they are provided by the national data source. Please see country-specific metadata for details.

Timely Indicators of Entrepreneurship by Enterprise CharacteristicsAbstract

Recent trends of business dynamics provide valuable information to policy makers and researchers. Timely Indicators of Entrepreneurship include data on business entries, business exits and bankruptcies, compiled by official statistical sources in most cases.

Timely Indicators of Entrepreneurship - metadata by countryhttps://www.oecd.org/sdd/business-stats/Metadata-Timely-indicators-of-entrepreneurship.xlsxData source(s) used

Data sources vary according to the country. Please refer to country-specific metadata (Excel file).

Source Periodicity

Monthly, Quarterly

Unit of measure used

Number of enterprises or establishments, depending on country.

Periodicity

Monthly, Quarterly

Contact person

SDD.IndServStat@oecd.org

Statistical population

Enterprises and establishments listed in administrative business registers. Depending on country, not all economic sectors, business legal forms and firm sizes may be covered. Please see country-specific metadata.

Geographic coverage

Whenever possible, aggregate statistics are broken down by region according to the OECD TL2 classification. Please see country-specific metadata for details.

Sector coverage

Whenever possible, aggregate statistics are broken down by economic sector according to the ISIC rev.4 classification. Please see country-specific metadata for details.

Institutional coverage

Whenever possible, aggregate statistics are broken down by business legal form. Please see country-specific metadata for details.

Key statistical concept

Business entries: Whenever possible, they correspond to enterprise births, thus excluding reorganisations of existing businesses (merger, spin-off, buy-out, change of legal form, etc.). Please see the Eurostat-OECD Manual on Business Demography Statistics for further information on the concept of enterprise birth. Note that available statistics may deviate from this target for some countries. Please see country-specific metadata for details.

Business exits: For timeliness reasons, they usually correspond to administrative deregistrations rather than enterprise deaths in the sense of the Eurostat-OECD Manual on Business Demography Statistics. Statistics on enterprise deaths exclude closures due to mergers, take-overs, changes of legal form and reactivations within 2 years, but they are necessarily less timely. Please see country-specific metadata for details.

Bankruptcies: These statistics usually correspond to the initiation of insolvency procedures. Note that such procedures do not always end up in the dissolution of the enterprise. Please see country-specific metadata for details.

Eurostat-OECD Manual on Business Demography Statisticshttps://www.oecd.org/sdd/business-stats/eurostat-oecdmanualonbusinessdemographystatistics.htmClassification(s) used

For the sake of cross-country comparability, breakdowns by economic activity are provided according to the International Standard Industrial Classification, Revision 4 (ISIC Rev.4), at 1-digit (sector) level or higher. This may require a mapping with the original national classification.

Breakdowns by region are provided according to the OECD TL classification, at TL2 level.

Breakdowns by business legal form are provided according to the following simplified classification:
LL: Limited liability
PA: Partnership
SP: Sole proprietorship
_X: Unknown/Unspecified/Other

ISIC rev.4https://unstats.un.org/unsd/publication/seriesm/seriesm_4rev4e.pdfOECD TL Classificationhttp://www.oecd.org/cfe/regionaldevelopment/territorial-grid.pdfSeasonal adjustment

Seasonally-adjusted series are available whenever they are provided by the national data source. Please see country-specific metadata for details.