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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

2015
2016
2017
2018
2019
2020
2021
2022

Total

64,902
64,931
62,113
61,804
61,573
63,480
65,438
64,304

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
8,338
9,323

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
6,664
7,871
9,056

Finance & Insurance

4,749
4,526
5,015
5,866
6,467
6,002
8,347
8,307

Real Estate

633
598
747
692
691
630
700
742

Professional Services

9,870
9,354
9,730
10,733
10,584
9,984
9,981
10,470

Administrative & Support Services

3,189
3,104
2,773
2,733
2,735
2,225
1,991
2,322

Education, Health & Social Services

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

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
42,463
48,898
50,423

Manufacturing

2,098
2,326
1,751
1,706
1,764
1,629
1,976
2,159

Construction

2,592
2,649
2,278
2,192
2,331
1,922
2,198
2,380

Wholesale Trade

9,863
10,773
8,007
7,811
8,204
7,295
8,856
9,017

Retail Trade

7,920
8,631
5,141
4,489
5,110
4,491
5,314
5,955

Transportation & Storage

2,348
5,523
7,087
5,949
4,491
3,383
3,141
3,145

Accommodation

48
83
66
67
77
78
90
80

Food & Beverage Services

2,512
2,772
2,115
2,132
2,358
2,034
2,455
2,762

Information & Communications

3,903
4,692
3,569
3,466
4,174
4,712
5,389
5,272

Finance & Insurance

3,037
3,317
3,041
3,127
3,247
2,927
3,604
3,380

Real Estate

765
764
651
649
585
584
590
559

Professional Services

7,684
8,836
6,841
6,371
7,037
6,508
7,368
7,634

Administrative & Support Services

2,950
3,138
2,248
2,092
2,314
1,987
2,337
2,355

Education, Health & Social Services

2,614
3,098
2,333
2,042
2,495
2,252
2,501
2,494

Arts, Entertainment, Recreation & Other Services

3,554
3,839
2,813
2,470
2,875
2,408
2,768
2,921

Others

266
306
265
253
259
253
311
310
SOURCE : ACCOUNTING AND CORPORATE REGULATORY AUTHORITY

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