Since new and young firms contribute critically to job creation, innovation and growth, observing recent trends of firm formation provides valuable information to policy makers.
STD.IndServStat@oecd.org
Data sources vary according to the country. Please refer to country-specific metadata.
Quarterly
For the purpose of presentation of quarterly series, seasonal adjustment is applied using TramoSeats algorithm with 5 regressors: log/level, trading days, Easter, outlier detection, and automatic model identification). Series are log-transformed and decomposed into a trend component. Finally, index is calculated based on a 2007 (2007 = average of 2007 quarters) in order to present movements between the base year and a given quarter.
Since new and young firms contribute critically to job creation, innovation and growth, observing recent trends of firm formation provides valuable information to policy makers.
STD.IndServStat@oecd.org
Data sources vary according to the country. Please refer to country-specific metadata.
Quarterly
For the purpose of presentation of quarterly series, seasonal adjustment is applied using TramoSeats algorithm with 5 regressors: log/level, trading days, Easter, outlier detection, and automatic model identification). Series are log-transformed and decomposed into a trend component. Finally, index is calculated based on a 2007 (2007 = average of 2007 quarters) in order to present movements between the base year and a given quarter.