Entrepreneurship at a Glance Highlights 2018
Entrepreneurship at a Glance 2018 Highlights
OECD
Entrepreneurship at a Glance Highlights 2018
SDD 10 October 2018
List of figures
ENTREPRENEURSHIP AND BUSINESS STATISTICS DATABASES 2018 UPDATE 2
1. New enterprise creations, selected countries ....................................... 4 2. Bankruptcies, selected countries.......................................................... 5 3. Share of sectors in employment creation by employer enterprise births6 4. Job creation rate, top sectors................................................................ 7 5. GDP and number of enterprises........................................................... 8 6. Number of enterprises by size, business economy .............................. 8 7. Employment by enterprise size class ................................................... 9 8. Value added by enterprise size class.................................................... 9 9. Incidence of traders by size class, industry........................................ 10 10. Compensation of employees over value added, by enterprise size, manufacturing 11 11. Labour productivity by enterprise size, business economy............ 12 12. Labour productivity by enterprise size, manufacturing and services13 13. Motivations to set up a business..................................................... 14 14. Use of bank loans for business financing....................................... 14 15. Venture capital investments as a percentage of GDP .................... 15 16. Trends in venture capital investments ............................................ 15
OECD ENTREPRENEURSHIP AT A GLANCE - HIGHLIGHTS 2018 ? OECD 2018
1
ENTREPRENEURSHIP AND BUSINESS STATISTICS DATABASES 2018 UPDATE
This booklet presents a compilation of frequently used graphs on entrepreneurship trends and SME performance drawn from the OECD Statistics and Data Directorate's databases of Structural and Demographic Business Statistics (SDBS), Timely Indicators of Entrepreneurship (TIE), Trade by Enterprise Characteristics (TEC), Entrepreneurship Finance Database (EFD), and the Future of Business Survey (FOBS).
Data are updated on a regular basis as follows:
SDBS
TIE TEC
EFD FOBS
Data source
National Statistics Offices of OECD member and partner countries; Eurostat
National Statistics Offices; Companies Offices; countries Courts
National Statistics Offices of OECD member and partner countries; Eurostat
National and Regional Venture Capital and Equity Associations
Facebook-OECD-World Bank online business survey
Frequency of OECD update Annual
Quarterly Annual
Annual Quarterly
The booklet uses ISO codes (ISO3) for country names as listed below.
ARG AUS AUT BEL BRA CAN CHL COL CZE DNK EST FIN FRA HUN DEU IND IDN ISR ITA JPN KOR
Argentina Australia Austria Belgium Brazil Canada Chile Colombia Czech Republic Denmark Estonia Finland France Hungary Germany India Indonesia Israel Italy Japan Korea
LVA LTU LUX MEX NLD NZL NOR PER PRT ROU RUS SVK SVN ESP ZAF SWE CHE TUR GBR USA VNM
Latvia Lithuania Luxembourg Mexico Netherlands New Zealand Norway Peru Portugal Romania Russian Federation Slovak Republic Slovenia Spain South Africa Sweden Switzerland Turkey United Kingdom United States Viet Nam
OECD ENTREPRENEURSHIP AT A GLANCE - HIGHLIGHTS 2018 ? OECD 2018
2
Access data presented in the booklet via: sdd/business-stats/EAG_2018_Highlights.xlsx
Detailed definitions, data sources and methodological notes are available in OECD Entrepreneurship at a Glance 2017:
For more information, contact gueram.sargsyan@, liliana.suchodolska@, frederic.parrot@
Acknowledgements
Particular thanks for the continued cooperation for data development and compilation go to Eurostat and to experts in National Statistical Offices from Australia, Austria, Belgium, Brazil, Canada, Chile, Colombia, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Iceland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Romania, the Russian Federation, the Slovak Republic, Slovenia, South Africa, Spain, Sweden, Switzerland, the United Kingdom and the United States; to Laura McGorman from Facebook and Joshua Seth Wimpey from the World Bank for the joint effort on the Future of Business Survey; and to Cornelius Mueller and Ariane Mortelmans from Invest Europe, Darrell Pinto from the Canadian Venture Capital and Private Equity Association (CVCA), Lauren Salerno from PitchBook and Maryam Haque from the National Venture Capital Association (NVCA) of the United States who provided substantive input and advice on equity capital statistics.
OECD ENTREPRENEURSHIP AT A GLANCE - HIGHLIGHTS 2018 ? OECD 2018
3
New enterprise creations
New enterprise creations (including sole-proprietors) continued to increase from their crisis lows in nearly all OECD countries, with record highs achieved in around half. In Australia, France and the United Kingdom creations in recent years have been running at twice the levels of two-decades earlier.
1. New enterprise creations, selected countries
Index: Number of new creations in 2012=100 180 160 140 120 100 80 60 40 20
0
AUS
180 160 140 120 100 80 60 40 20
0
FIN
180 160 140 120 100 80 60 40 20
0
N LD
FRA
N OR
N ZL
Access data via: sdd/business-stats/EAG_2018_Highlights.xlsx
OECD ENTREPRENEURSHIP AT A GLANCE - HIGHLIGHTS 2018 ? OECD 2018
19 95
19 95
19 99
19 97
19 97
20 01
19 99
19 99
20 03
20 01 20 03 20 05 20 07 20 09
20 01 20 03 20 05 20 07 20 09 20 11
20 05 20 07 20 09 20 11 20 13
20 11
20 13
20 15
20 13
20 15
20 17
20 15
20 17
20 07
20 17 20 01
20 01 20 03
20 09 20 11
AUT
20 03
20 05
20 13
20 05
20 07
20 15
20 07
20 09
20 17
20 09
20 11
20 07
20 11
20 13
20 09
20 13 20 15
20 15 20 17
BEL
20 11 20 13
20 17
20 03
20 15
PRT
20 09 20 11 20 13 20 15 20 17 20 05 20 07 20 09 20 11 20 13 20 15 20 17 20 07 20 09 20 11 20 13 20 15
ISL
H UN
GBR
20 05 20 07 20 09 20 11 20 13 20 15 20 17 20 11 20 13 20 15 20 17 20 01 20 03 20 05 20 07 20 09 20 11 20 13 20 15 20 17
DEU
CAN
20 17 20 01 20 03 20 05 20 07 20 09 20 11 20 13 20 15 20 17 20 07 20 09 20 11 20 13 20 15 20 17 20 01 20 03
R US
SWE
20 11 20 13 20 15 20 17
20 01 20 03 20 05 20 07 20 09
D NK
20 05 20 07 20 09 20 11 20 13
ITA
20 11
20 11
20 15
TUR
20 13
20 13
20 17
20 15 20 17
20 15 20 17 19 90
19 91 19 93
19 95
19 92
19 95
19 97
19 94
19 97
19 99
19 96
19 99
ESP JPN USA
20 01
19 98
20 01
20 03 20 05 20 07 20 09 20 11
20 00 20 02 20 04 20 06 20 08 20 10
20 03 20 05 20 07 20 09 20 11
20 13
20 12
20 13
20 15
20 14
20 15
20 17
20 16
20 17
4
Bankruptcies
Bankruptcies have declined in nearly all OECD countries in recent years.
2. Bankruptcies, selected countries
Index: Number of bankruptcies in 2012 = 100 All legal forms
180 160 140 120 100 80 60 40 20
0
180
160
140
120
100
80
60
40
20
180
160
140
120
100
0
80
60
40
20
0
AUS
BEL
ITA
194 208 190
CAN
NLD
DNK
DEU
Access data via: sdd/business-stats/EAG_2018_Highlights.xlsx
OECD ENTREPRENEURSHIP AT A GLANCE - HIGHLIGHTS 2018 ? OECD 2018
1999 2001 2003
2001
1999
2003
2001
2005 2007 2009
2005
2003
2007
2005
2011
2009
2007
2013 2015 2017
2011
2009
2013
2011
2007
2015
2013
2009 2011
2015
1999
2017
2013
2001
2015 2017 1999 2001 2003
2003
2009
2005 2007
BRA
2011 2013 2015
2005 2007 2009 2011
2009
2017
2011
2003
2013
2005
2013 2015 2017
2015
2007
2017
2009
1999
1999
2011
Corporations
2001 2003 2005
2001
2013
2003
2015
FRA
2007 2009 2011 2013 2015 2017
NOR
2005
2017
2007
2005
2009 2011
2007 2009 2011
ESP
2005
2013
2013
GBR
2007 2009 2011
2015
2015
2017
2017
2013
2007
2001
2015 2017 2007
2009
2003
2011
2005
SWE
2009
2013
2007
JPN
2011 2013 2015
FIN
2015
2009
2011
NZL
2017 2007 2009 2011 2013 2015 2017
2001
2013
2003
2015
2005 2007
2017 2005 2007
2009
2009
ISL ZAF
USA
2007 2009 2011
2011
2011
2013
2013
2013
2015
2015
2015
2017
2017
5
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