More enterprises open, close in 2020

There were 39,700 enterprise openings in 2020, according to Statistics Finland.

There were 1,000, or three per cent, more enterprise openings than in 2019.

Enterprise openings accounted for 9.1 per cent of the total stock of enterprises. In absolute numbers, the number of enterprise openings was clearly highest in professional, scientific and technical activities with 6,900 enterprise openings, or 17 per cent of all enterprise openings in 2020.

There were 25,300 enterprise closures in 2020. There were 4,400 enterprise closures, i.e. 21 per cent, more than one year earlier.

Enterprise closures accounted for 5.8 per cent of the total stock of enterprises. The number of enterprise closures was highest in professional, scientific and technical activities (4,000 enterprises).

Examined by legal form, 51 per cent of the enterprise openings in 2020, or 20,400 enterprises were in the corporate form of natural person and 44 per cent or 17,500 enterprises were in the form of limited companies.

In all, 13,900 natural persons and 9,000 limited companies closed down. The respective percentages among all enterprise closures were 55 and 36 per cent.