Rate of business discontinuance in North America, by country 2019

This statistic shows the prevalence rates of business discontinuation in North American countries in 2019, by country. According to the report, the rate of business discontinuation is referred as the percentage of individuals who have discontinued a business in the last 12 months. According to data from the Global Entrepreneurship Monitor, in 2019, the business discontinuation rate in the United States was 5.4 percent.

Rate of business discontinuance in North America in 2019, by country

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Source

Release date

February 2020

Region

North America

Survey time period

2019

Number of respondents

about 3,000 per country

Age group

18-64 years

Special properties

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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