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Coverage and Sources of Data

Data on business entities are primarily sourced from the registration records of the Accounting and Corporate Regulatory Authority (ACRA).

Data

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Formation of Business Entities

Title : Formation Of All Business Entities By Industry (SSIC 2015 (Version 2018)), Annual

Number

Data Items

2013
2014
2015
2016
2017
2018
2019
2020

Total

60,201
77,380
64,903
64,933
62,113
61,804
61,573
63,480

Manufacturing

2,389
2,666
2,247
2,079
2,013
1,922
2,106
2,474

Construction

3,438
3,603
3,268
3,031
2,848
2,713
2,712
2,399

Wholesale Trade

10,472
12,868
9,695
9,388
9,786
10,166
10,420
11,001

Retail Trade

6,571
12,037
6,529
5,827
5,418
5,216
5,798
8,943

Transportation & Storage

2,486
3,381
8,673
11,472
7,739
3,014
2,970
2,924

Accommodation

120
91
91
83
95
103
101
63

Food & Beverage Services

2,879
3,367
3,034
2,968
3,298
3,341
2,985
3,285

Information & Communications

4,968
7,095
5,342
5,209
5,425
8,130
6,777
6,629

Finance & Insurance

5,309
4,923
4,749
4,526
5,015
5,866
6,467
6,002

Real Estate

934
665
633
598
747
692
691
631

Professional Services

9,902
12,443
9,862
9,347
9,719
10,725
10,572
9,976

Administrative & Support Services

3,274
4,399
3,243
3,146
2,828
2,798
2,792
2,257

Education, Health & Social Services

3,716
4,564
3,678
3,325
3,504
3,400
3,213
3,130

Arts, Entertainment, Recreation & Other Services

3,406
4,870
3,500
3,479
3,324
3,353
3,549
3,362

Others

337
408
359
455
354
365
420
404
SOURCE : ACCOUNTING AND CORPORATE REGULATORY AUTHORITY

Cessation of Business Entities

Title : Cessation Of All Business Entities By Industry (SSIC 2015 (Version 2018)), Annual

Number

Data Items

2013
2014
2015
2016
2017
2018
2019
2020

Total

41,777
42,651
52,154
60,750
48,203
44,798
47,504
43,335

Manufacturing

1,872
1,806
2,099
2,326
1,754
1,709
1,779
1,665

Construction

2,459
2,430
2,591
2,650
2,273
2,187
2,347
2,027

Wholesale Trade

8,561
8,468
9,864
10,773
8,006
7,808
8,222
7,404

Retail Trade

4,918
5,225
7,920
8,631
5,140
4,485
5,147
4,598

Transportation & Storage

1,848
1,786
2,347
5,523
7,086
5,948
4,507
3,524

Accommodation

83
78
48
83
66
67
78
77

Food & Beverage Services

2,360
2,300
2,512
2,772
2,115
2,131
2,370
2,056

Information & Communications

2,621
3,000
3,859
4,644
3,527
3,415
4,138
4,739

Finance & Insurance

2,691
2,835
3,037
3,317
3,042
3,127
3,247
2,933

Real Estate

712
790
765
764
651
648
587
576

Professional Services

5,777
6,073
7,672
8,828
6,837
6,363
7,046
6,609

Administrative & Support Services

2,515
2,475
2,994
3,187
2,290
2,142
2,368
2,092

Education, Health & Social Services

2,098
2,177
2,614
3,099
2,333
2,041
2,500
2,297

Arts, Entertainment, Recreation & Other Services

3,026
2,966
3,553
3,838
2,811
2,471
2,901
2,480

Others

236
242
279
315
272
256
267
258
SOURCE : ACCOUNTING AND CORPORATE REGULATORY AUTHORITY

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