Business survivals
The UK five-year survival rate for businesses born in 2007 and still active in 2012 was 44.6%. By region, the highest five-year survival rate was in the South West region at 48.1%, while the lowest was in London at 41.7% which mirrors the churn rate seen in the business birth and death data. By broad industry, some notably high five-year survival rates include health with a survival rate of 56.1% and education with a survival rate of 54.5%. Hotels & catering was the lowest with only 37.0% of businesses surviving for five years. There has been an increase in one - year survivals from 2011 births, compared with 2008-2010 births, which reflects improving economic conditions.Survival rates are available from one-year to five-year in greater geographical and industrial detail via the tables (1.88 Mb Excel sheet) published on the Office for National Statistics website.
Table 4: Survival rates of businesses born between 2007 and 2011
| Rate (%) | |||||
|---|---|---|---|---|---|
| Births 2007 | Births 2008 | Births 2009 | Births 2010 | Births 2011 | |
| One year survival | 95.4 | 92.0 | 90.8 | 86.7 | 93.1 |
| Two year survival | 81.1 | 74.0 | 73.8 | 72.5 | .. |
| Three year survival | 63.0 | 58.0 | 59.6 | .. | .. |
| Four year survival | 52.0 | 48.9 | .. | .. | .. |
| Five year survival | 44.6 | ||||
