Growing Businesses - Businesses in Scotland
High Level Summary of Statistics Trend
Businesses in Scotland
- As at March 2017, there were an estimated 365,600 private sector enterprises operating in Scotland - an increase of 3.1% since March 2016. This 2017 business count is the highest stock figure in the series back to 2000.
- The increase over the latest year is driven by a rise in the number of unregistered businesses (the smallest sole traders and partnerships that are not registered for VAT/PAYE) – unregistered businesses increased by 8,700 (4.8%).
- The number of VAT/PAYE registered businesses has increased - up by 2,405 (1.4%) from 173,995 in 2016 to 176,400 in 2017 – the highest figure since the time series began (in 2000).
As at March 2017, there were 363,235 Small and Medium-sized Enterprises (SMEs) operating in Scotland, providing an estimated 1.2 million jobs. SMEs accounted for 99.4% of all private sector enterprises, accounting for 55.0% of private sector employment and 40.1% of private sector turnover.
Source: Businesses in Scotland 2017
Note: Includes unregistered enterprises, excludes central and local government. Turnover figures exclude financial services.
Page updated: Monday, November 06, 2017