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Number of enterprise closures 9 per cent higher in the last quarter of 2023 than twelve months earlier

release 19/04/2024 | Enterprise openings and closures 2023, 4th quarter

According to Statistics Finland, there were 8,455 enterprise closures in October to December 2023. During the quarter, the number of enterprise closures increased by 8.8 per cent from the previous year. At the same time, enterprise openings numbered 9,376. In October to December 2023, the number of enterprise openings was four per cent higher than one year previously.

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In the last quarter of 2023, the number of both enterprise openings and closures was highest in professional, scientific and technical activities.
In the last quarter of 2023, the number of enterprise closures in construction was 13.5 per cent higher than one year before.
In the last quarter of 2023, there were four per cent more enterprise openings than twelve months earlier.
In the last quarter of 2023, there were 7.6 per cent more enterprise closures in the industry of trade than one year earlier, but the same number of enterprise openings as one year earlier.