Number of enterprise closures grew by 22 per cent in the first quarter of 2022 from one year ago

Release related to topics:Enterprises
release | Enterprise openings and closures 2022, 1st quarter

According to Statistics Finland, there were 10,867 enterprise closures in the first quarter of 2022. During the quarter, the number of enterprise closures grew by 22 per cent year-on-year. At the same time, enterprise openings numbered 11,665. In the first quarter of 2022, the number of enterprise openings was eight per cent lower than one year previously.

Key selections

  • In the first quarter of 2022, there were eight per cent fewer enterprise openings than twelve months earlier
  • In the first quarter of 2022, there were 22 per cent more enterprise closures than twelve months earlier
  • Among the large industries, the number of enterprise closures increased most in manufacturing compared with the corresponding period of the previous year.

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Updated database tables
Classifications used:
  • Legal form
  • Industry
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:
Classifications used:
  • Area
  • Industry
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:

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Documentation

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Referencing instructions

Official Statistics of Finland (OSF): Enterprise openings and closures [online publication].
Reference period: 2022, 1st quarter. ISSN=1799-2346. Helsinki: Statistics Finland [Referenced: 29.12.2024].
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Tommi Veistämö
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Mira Kuussaari
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