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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

Please click on the topic to view the available data tables.

Formation of Business Entities

Title : Formation Of All Business Entities By Industry, Annual

Number

Data Items

2015
2016
2017
2018
2019
2020
2021
2022

Total

64,902
64,931
62,113
61,804
61,573
63,480
65,438
64,305

Manufacturing

2,246
2,078
2,011
1,919
2,102
2,471
2,663
2,437

Construction

3,268
3,032
2,850
2,716
2,716
2,402
3,019
3,261

Wholesale Trade

9,695
9,388
9,786
10,166
10,420
11,001
8,337
9,322

Retail Trade

6,529
5,827
5,418
5,216
5,798
8,943
8,271
5,183

Transportation & Storage

8,672
11,472
7,739
3,014
2,970
2,924
2,868
2,588

Accommodation

91
83
95
103
101
63
64
74

Food & Beverage Services

3,034
2,968
3,298
3,341
2,985
3,285
3,934
3,335

Information & Communications

5,397
5,251
5,480
8,195
6,834
6,660
7,869
9,056

Finance & Insurance

4,749
4,526
5,015
5,866
6,467
6,002
8,349
8,309

Real Estate

633
598
747
692
691
631
700
742

Professional Services

9,870
9,354
9,730
10,733
10,584
9,984
9,980
10,470

Administrative & Support Services

3,189
3,104
2,773
2,733
2,735
2,226
1,991
2,322

Education, Health & Social Services

3,678
3,324
3,504
3,400
3,213
3,130
3,271
2,873

Arts, Entertainment, Recreation & Other Services

3,500
3,480
3,324
3,353
3,549
3,362
3,742
4,006

Others

351
446
343
357
408
396
380
327
SOURCE : ACCOUNTING AND CORPORATE REGULATORY AUTHORITY
Footnotes

Business entities refer to companies, sole-proprietorships & partnerships, limited liability partnerships, limited partnerships, public accounting firms and variable capital companies.

Formation Of All Business Entities By Industry, Annual
Formation Of All Business Entities By Type, Annual

Download all in Excel  (19 KB)

Cessation of Business Entities

Title : Cessation Of All Business Entities By Industry, Annual

Number

Data Items

2015
2016
2017
2018
2019
2020
2021
2022

Total

52,154
60,747
48,206
44,816
47,321
42,474
48,701
49,774

Manufacturing

2,098
2,326
1,751
1,706
1,764
1,631
1,968
2,130

Construction

2,592
2,649
2,278
2,192
2,331
1,921
2,179
2,336

Wholesale Trade

9,863
10,773
8,007
7,811
8,204
7,294
8,833
8,953

Retail Trade

7,920
8,631
5,141
4,489
5,110
4,496
5,289
5,834

Transportation & Storage

2,348
5,523
7,087
5,949
4,491
3,383
3,108
3,067

Accommodation

48
83
66
67
77
78
90
80

Food & Beverage Services

2,512
2,772
2,115
2,132
2,358
2,034
2,456
2,749

Information & Communications

3,903
4,692
3,569
3,466
4,174
4,713
5,376
5,245

Finance & Insurance

3,037
3,317
3,041
3,127
3,247
2,928
3,603
3,386

Real Estate

765
764
651
649
585
584
589
556

Professional Services

7,684
8,836
6,841
6,371
7,037
6,509
7,341
7,508

Administrative & Support Services

2,950
3,138
2,248
2,092
2,314
1,988
2,325
2,296

Education, Health & Social Services

2,614
3,098
2,333
2,042
2,495
2,252
2,488
2,460

Arts, Entertainment, Recreation & Other Services

3,554
3,839
2,813
2,470
2,875
2,410
2,747
2,865

Others

266
306
265
253
259
253
309
309
SOURCE : ACCOUNTING AND CORPORATE REGULATORY AUTHORITY
Footnotes

Business entities refer to companies, sole-proprietorships & partnerships, limited liability partnerships, limited partnerships, public accounting firms and variable capital companies. The statistics on business entities cessation till 2017 have been adjusted to provide a more accurate reflection of the underlying cessation trends. In 2016 and 2017, ACRA conducted periodic reviews and removed from its public register, sole proprietorships and partnerships that failed to renew their registrations, and companies that were dormant. These periodic removal of business entities took place at ad hoc intervals and impacted published statistics on business entities cessation. The number of business entities cessation have therefore been adjusted to reflect the removal of such business entities at the date when they would have normally been removed. Going forward, such review and removal exercises will be conducted on a regular basis to provide a more accurate reflection of cessation trends.

Cessation Of All Business Entities By Industry, Annual
Cessation Of All Business Entities By Type, Annual

Download all in Excel  (19 KB)

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