Written question WQ84882
- Asked by
- Andrew RT DaviesConservative
- To be answered by
- Minister for Economy
- Tabled
- Due
- Answered
- Time to answer
- 4 days
Question
Will the Minister provide a breakdown of the number of businesses that have closed between 2021-20, 2019-20, 2018-19, 2017-2018, 2016-2017 and 2015-16?
Answer
Answered by Minister for Economy
Stats Wales’ business demography data gives an estimate of the number of registered (i.e. VAT or PAYE) business births and deaths as well as survival rates. Data are available at a local authority level as well as by industry and can be found at - https://statswales.gov.wales/Catalogue/Business-Economy-and-Labour-Market/Businesses/Business-Demography
Business death rates by area and year - https://statswales.gov.wales/Catalogue/Business-Economy-and-Labour-Market/Businesses/Business-Demography/businessdeaths-by-area-year
I have extracted the Wales figures as below. 2021 figures are not yet available.
2015
2016
2017
2018
2019
2020
9,620
9,395
10,795
9,745
(provisional) 10,765
(provisional) 10,200
Stats Wales does not hold data on the number of night clubs closures. A breakdown of business deaths by industry can be found at - https://statswales.gov.wales/Catalogue/Business-Economy-and-Labour-Market/Businesses/Business-Demography/businessbirthsdeathsactiveenterprisesinwales-by-industry-variable-year