The above business demography statistics cover non-financial corporations and financial intermediaries and sole proprietors with 20 or more persons employed, as they are economically the most significant.
In 2010, the number of new enterprises exceeded the number of enterprises going out of business in the Estonian economic sectors (excluding agriculture). That year, the creation rate of new Estonian enterprises was 12%, ranging from 2.2% to 26.8% in the different economic sectors. The highest rate of creation was recorded in trade.
The average number of employees in newly born enterprises was 1.5 in 2010. More than 60% of the newly born enterprises started without any employees.
The average death rate of Estonian enterprises in 2010 was 9.2%. This rate ranged from 2% to 14% by economic activity. An average dead enterprise in Estonia had 1.7 employees.
53.8% of the enterprises born in 2006 were still active in the fifth year of operation (2010). The survival rate was the highest in human health and social work activities, and the lowest in water supply and financial and insurance activities.
In 2010, there were 872 enterprises with 5 or more employees that had a high growth in turnover in 2007-2010, but only 392 enterprises that had a high growth in the number of employees in the same period. The corresponding figures for gazelles – enterprises born in 2005 or 2006 and achieving high growth in 2007-2010 – were 176 (growth in turnover) and 101 (growth in the number of employees) in 2010.
Source:
Maret Helm-Rosin, Statistics Estonia
4/12. QUARTERLY BULLETIN OF STATISTICS ESTONIA
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