Rate of business discontinuance Asia 2023, by country

Published by Statista Research Department, Sep 18, 2024

According to surveys conducted in 2023, Thailand had a business discontinuance rate of 6.8 percent. In comparison, South Korea's business discontinuation rate was 2.5 percent in the same year. 
The business discontinuation rate was defined as the percentage of individuals who had discontinued a business within the 12 months preceding the survey date.

Rate of business discontinuance in Asia in 2023, by selected country or territory

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

February 2024

Region

Asia, APAC

Survey time period

2023

Number of respondents

about 2,000 per country

Age group

18-64 years

Special properties

data was composed of the Adult Population Survey and the National Expert Survey

Method of interview

Questionnaire

Supplementary notes

* Taiwan, Indonesia, and Japan data as of 2022.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Startups in the Asia-Pacific region "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Startups in the Asia-Pacific region

Overview

6

Entrepreneurial activity

5

Venture capital

3

Exit value

4

Leading companies by country

7

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Startups in the Asia-Pacific regionFintech in the Asia-Pacific regionDigital payments in the Asia-Pacific regionDigital payments in Southeast AsiaMobile apps in Asia
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.