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Rate of deaths of enterprises per 10,000 resident population aged 16 and above (1072) Metric type
- Help text
- This is the number of deaths of enterprises per 10,000 resident population aged 16 and above, in the area. A death is defined as a business that was on the active file in year t, but was no longer present in the active file in t+1 and t+2. In order to provide an early estimate of deaths an adjustment has been made to the latest two years deaths to allow for reactivations. These figures are provisional and subject to revision.
This data is produced from an extract taken from the Inter-Departmental Business Register (IDBR). The publication focuses on changes to the registered business population, that is, those businesses registered at HM Revenue and Customs (HMRC) for Value Added Tax (VAT) and/or Pay-As-You-Earn (PAYE) and at Companies House.
The starting point for business demography is the concept of a population of active businesses in a reference year (t). These are defined as businesses that had either turnover or employment at any time during the reference period. Births and deaths are then identified by comparing active business populations for different years. A single enterprise could have been "born", gone out of business, and then been "re-born" all within the same year.
Proportions are based on figures rounded independently to the nearest 5 units. The population size is from ONS Mid-year population estimates and is subject to revision.
- Modified
- 08 Jan 2024
- Data last updated
- 18 Dec 2023
- Short label
- Deaths of enterprises per 10,000 population aged 16+
- Status
- Live
- Output precision
- 2
- Polarity
- a low value is good
- Measure
- Per 10,000 population (aged 16 and above)
- Dataset
- Deaths of enterprises
- Collection
- Business Demography
- Source
- Office for National Statistics
- is found in the following lists
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