Share of people who report having intentions to start business in United Kingdom
United Kingdom: Share of people who report having intentions to start business was 7.27 in 2017. ▲ Rising
Share of people who report having intentions to start business in United Kingdom, 2002–2017
Source: Global Entrepreneurship Monitor (2018) – processed by Our World in Data.
Analysis
In 2017, share of people who report having intentions to start business in United Kingdom stood at 7.27.
Compared with earlier readings it is down 20.5% on the previous year and up 30.5% over ten years.
Over the whole period, share of people who report having intentions to start business in United Kingdom peaked at 9.52 in 2012 and was at its lowest, 4.23, in 2002.
That places United Kingdom 58th out of 66 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Share of people who report having intentions to start business in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 4.23 | — |
| 2003 | 5.42 | +28.1% |
| 2004 | 7.38 | +36.2% |
| 2005 | 6.66 | -9.8% |
| 2006 | 5.56 | -16.5% |
| 2007 | 5.57 | +0.2% |
| 2008 | 5.27 | -5.4% |
| 2009 | 4.32 | -18.0% |
| 2010 | 5.1 | +18.1% |
| 2011 | 8.85 | +73.5% |
| 2012 | 9.52 | +7.6% |
| 2013 | 7.19 | -24.5% |
| 2014 | 6.88 | -4.3% |
| 2015 | 8.16 | +18.6% |
| 2016 | 9.14 | +12.0% |
| 2017 | 7.27 | -20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.55 | 4.23 | 7.38 | 8 |
| 2010s | 7.76 | 5.1 | 9.52 | 8 |
Countries ranked near United Kingdom
More reference data data for United Kingdom
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.13 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.51 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 59.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.48 (2050)
Frequently asked questions
- What is share of people who report having intentions to start business in United Kingdom?
- Share of people who report having intentions to start business in United Kingdom was 7.27 in 2017, according to Global Entrepreneurship Monitor (2018) – processed by Our World in Data.
- What is the highest share of people who report having intentions to start business recorded in United Kingdom?
- The highest recorded value was 9.52 in 2012.
- What is the lowest share of people who report having intentions to start business recorded in United Kingdom?
- The lowest recorded value was 4.23 in 2002.
- How does United Kingdom rank for share of people who report having intentions to start business?
- United Kingdom ranks 58th out of 66 countries with data for 2017.
- Is share of people who report having intentions to start business rising or falling in United Kingdom?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from Global Entrepreneurship Monitor (2018) – processed by Our World in Data, published as part of Share of people who report having intentions to start business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Percentage of 18-64 population who intend to start a business within three years (individuals already involved in any stage of entrepreneurial activity excluded) plotted against GDP per capita, adjusted for inflation and differences in living costs between countries.