Growing Businesses - Businesses in Scotland
High Level Summary of Statistics Trend
Businesses in Scotland
As at March 2018, there were an estimated 345,915 private sector businesses operating in Scotland – representing a decrease of 8,830 businesses (-2.5%) since March 2017.
The decrease over the latest year was driven by a fall in the number of unregistered businesses (those not registered for VAT and/or PAYE). The number of unregistered businesses decreased from 178,340 in 2017 to 169,620 in 2018 – a decrease of 8,720 unregistered businesses (-4.9%).
The number of VAT/PAYE registered businesses has decreased over the latest year also - down by 105 businesses (-0.1%) from 174,600 in 2017 to 176,295 in 2018 – this is the first fall in the registered business stock since 2011.
Overall, the number of employers has increased by 915 (0.9%) from 107,465 employers in 2017 to 108,380 employers in 2018 – there are now more private sector employers operating in Scotland than at any other time in the series (back to 2000).
As at March 2018, there were 343,535 Small and Medium-sized Enterprises (SMEs) operating in Scotland, providing an estimated 1.2 million jobs. SMEs accounted for 99.3% of all private sector businesses in 2018, accounting for 54.9% of private sector employment and 41.5% of private sector turnover.
Source: Businesses in Scotland 2018
Note: Includes unregistered enterprises, excludes central and local government. Turnover figures exclude financial services.
Page updated: Tuesday, November 06, 2018