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?
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