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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, Annual

Number

Data Items

2014
2015
2016
2017
2018
2019
2020
2021

Total

77,380
64,902
64,931
62,113
61,804
61,573
63,480
65,438

Manufacturing

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

Construction

3,606
3,268
3,032
2,850
2,716
2,716
2,402
3,019

Wholesale Trade

12,868
9,695
9,388
9,786
10,166
10,420
11,001
8,338

Retail Trade

12,037
6,529
5,827
5,418
5,216
5,798
8,943
8,271

Transportation & Storage

3,381
8,672
11,472
7,739
3,014
2,970
2,924
2,868

Accommodation

91
91
83
95
103
101
63
64

Food & Beverage Services

3,367
3,034
2,968
3,298
3,341
2,985
3,285
3,934

Information & Communications

7,150
5,397
5,251
5,480
8,195
6,834
6,664
7,871

Finance & Insurance

4,923
4,749
4,526
5,015
5,866
6,467
6,002
8,347

Real Estate

665
633
598
747
692
691
630
700

Professional Services

12,456
9,870
9,354
9,730
10,733
10,584
9,984
9,981

Administrative & Support Services

4,344
3,189
3,104
2,773
2,733
2,735
2,225
1,991

Education, Health & Social Services

4,564
3,678
3,324
3,504
3,400
3,213
3,128
3,269

Arts, Entertainment, Recreation & Other Services

4,871
3,500
3,480
3,324
3,353
3,549
3,362
3,742

Others

394
351
446
343
357
408
396
380
SOURCE : ACCOUNTING AND CORPORATE REGULATORY AUTHORITY

Cessation of Business Entities

Title : Cessation Of All Business Entities By Industry, Annual

Number

Data Items

2014
2015
2016
2017
2018
2019
2020
2021

Total

42,651
52,154
60,747
48,206
44,816
47,321
42,463
48,898

Manufacturing

1,806
2,098
2,326
1,751
1,706
1,764
1,629
1,976

Construction

2,430
2,592
2,649
2,278
2,192
2,331
1,922
2,198

Wholesale Trade

8,468
9,863
10,773
8,007
7,811
8,204
7,295
8,856

Retail Trade

5,225
7,920
8,631
5,141
4,489
5,110
4,491
5,314

Transportation & Storage

1,786
2,348
5,523
7,087
5,949
4,491
3,383
3,141

Accommodation

78
48
83
66
67
77
78
90

Food & Beverage Services

2,300
2,512
2,772
2,115
2,132
2,358
2,034
2,455

Information & Communications

3,035
3,903
4,692
3,569
3,466
4,174
4,712
5,389

Finance & Insurance

2,835
3,037
3,317
3,041
3,127
3,247
2,927
3,604

Real Estate

790
765
764
651
649
585
584
590

Professional Services

6,081
7,684
8,836
6,841
6,371
7,037
6,508
7,368

Administrative & Support Services

2,440
2,950
3,138
2,248
2,092
2,314
1,987
2,337

Education, Health & Social Services

2,177
2,614
3,098
2,333
2,042
2,495
2,252
2,501

Arts, Entertainment, Recreation & Other Services

2,968
3,554
3,839
2,813
2,470
2,875
2,408
2,768

Others

232
266
306
265
253
259
253
311
SOURCE : ACCOUNTING AND CORPORATE REGULATORY AUTHORITY

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