In 2022, the country in Europe with the highest rate of business discontinuance, that is, the shutting down of a pre-existing business enterprise, was the Netherlands, with 5.6% of companies in that country discontinuing their activities in 2022. According to data from the Global Entrepreneurship Monitor's 2022/23 report, Slovakia, Germany, and Luxembourg were the next three European countries with the greatest share of business discontinuances, while Norway, Romania, and Hungary had the fewest in the continent for 2022.
Rate of business discontinuance in Europe in 2022, by country
data is composed of the Adult Population Survey and the National Expert Survey
Method of interview
Questionnaire
Supplementary notes
Business discontinuance tends to decline as economic development level increases. The rate shown here is comprised of individuals who have discontinued a business in the last 12 months.
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GEM. (February 16, 2023). Rate of business discontinuance in Europe in 2022, by country [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/315602/the-rate-of-business-discontinuance-in-europe/
GEM. "Rate of business discontinuance in Europe in 2022, by country." Chart. February 16, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/315602/the-rate-of-business-discontinuance-in-europe/
GEM. (2023). Rate of business discontinuance in Europe in 2022, by country. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/315602/the-rate-of-business-discontinuance-in-europe/
GEM. "Rate of Business Discontinuance in Europe in 2022, by Country." Statista, Statista Inc., 16 Feb 2023, https://www.statista.com/statistics/315602/the-rate-of-business-discontinuance-in-europe/
GEM, Rate of business discontinuance in Europe in 2022, by country Statista, https://www.statista.com/statistics/315602/the-rate-of-business-discontinuance-in-europe/ (last visited November 21, 2024)
Rate of business discontinuance in Europe in 2022, by country [Graph], GEM, February 16, 2023. [Online]. Available: https://www.statista.com/statistics/315602/the-rate-of-business-discontinuance-in-europe/
