Monday, December 22, 2014

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[IWS] Eurostat: BUSINESS DEMOGRAPHY STATISTICS [22 December 2014]

IWS Documented News Service

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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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European Commission

Eurostat

 

BUSINESS DEMOGRAPHY STATISTICS [22 December 2014]

http://ec.europa.eu/eurostat/statistics-explained/index.php/Business_demography_statistics

 

Data from December 2014. Most recent data: Further Eurostat information, Main tables and Database.

This article presents statistical data on business demography in the European Union (EU), treating aspects such as the total number of active enterprises in thebusiness economy, their birth rates, death rates, and the survival rate. In the business demography domain, the business economy covers sections B to N, excluding activities of holding companies – K64.2 (NACE Rev.2).

In 2012, the EU-28’s business economy was made up of around 25.6 million active enterprises (based on 26 Member States and estimates of missing Greece and Finland data) with some 141 million persons employed. The largest active enterprise population was registered in Italy (about 4 million), followed by France, Spain, Germany and the United Kingdom. The services sector was dominant in every country, as measured by the highest proportion of active enterprises.

There were about 3.5 million jobs created from 2.3 million newly born enterprises, based on the final 2012 data, while the preliminary results show 3.6 job losses as a consequence of 2.2 million death businesses. The proportion of newly-born enterprises in 2012 compared to 2011 went down slightly, by 5 %. Both birth and death rates of enterprises tend to be around 9.5 % of the total number. In 2011, there were more enterprise births than deaths, both at EU level and in the majority of Member States for which final data were available. The one-year survival rate for enterprises created in 2011 was 83 %; the five-year survival rate of enterprises born in 2007 and still active in 2012 was 45 %.

 

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